Panoramic coastline views create the dramatic building site for a world class estate on this rare "feet in the sand" 3.5+ acre ocean front property located on Montecito’s renowned Fernald Point Lane. The entry parcel offers a 3 bedroom beach cottage that could be used for living quarters during the construction of a spectacular primary residence on the ocean front parcel which opens to 300+/- feet of beach frontage. The property is being sold with approved plans & active permits for a luxurious one of a kind Mediterranean home with approximately 12,000 square foot of living space. The large public rooms of the proposed residence open to beautiful beachfront terraces with expansive views of sandy beaches & treetop vistas of the mountains which define this exclusive seaside community on the Southern California coastline. With privacy and miles of pristine beaches to stroll on, this estate site of two parcels will never be found again and offers an opportunity to build an unparalleled beach estate.