$12,375,000 Purchase & Rehab Loan in Montecito, CA

Property Type

Loan Type

September 11, 2024

Experience the Future of Real Estate Financing with Rodeo Lending.

Our repeat client entrusted Rodeo once again for a swift closing on a prime Montecito property, with plans to rehab and flip it for a substantial return. This stunning Spanish Colonial Revival estate, known as La Macarena, is set for an extraordinary renovation. Nestled on 1.99 acres in the prestigious Golden Quadrangle, the 10,000 square foot ocean-view gem will have 8 bedrooms and 10 bathrooms. With a central courtyard as its heart, this home offers endless possibilities, with eight sets of French doors leading to nearly every room. Stay tuned as our client breathes new life into this property, transforming it into a luxurious masterpiece.

Property Spotlight:

  • Location: Montecito, CA
  • Size: 10,000 square foot ocean-view home on nearly 2 acres
  • Features: 8 bedrooms, 10 baths
  • Location Advantage: Nestled in the prestigious Golden Quadrangle
Interior image of La Macarena Estate in Montecito, CA
Aerial image of La Macarena Estate in Montecito, CA

Deal Highlights:

  • Proven Expertise: Benefit from the success of seasoned luxury flippers, ensuring a seamless journey towards profitability.
  • Strategic Cash Out: Rodeo’s financing solution empowers borrowers with the liquidity to fuel future endeavors.
  • Prime Location: Experience the unbeatable allure of Montecito, CA, a neighborhood synonymous with luxury and seclusion.
  • Bridge Loan Convenience: Rodeo’s flexible bridge loan offering allows you to navigate the transition period while your property is listed seamlessly.
  • Optimized Financing: Enjoy a favorable Loan-to-Value ratio, maximizing your financial leverage while minimizing risk exposure.

At Rodeo Lending, we redefine possibilities in real estate financing, empowering our clients to transcend boundaries and confidently realize their visions.

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