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Naples/Santa Barbara Oceanfront Ranch in Goleta, CA. $70 Million

Just northwest of Santa Barbara, hugging one of the most spectacular stretches of the California coastline, lies Naples — the city that was never built. Now offered for sale for $70,000,000, the Naples/Santa Barbara Ranch encompasses approximately 1,000 acres of mostly flat to gently rolling oceanfront land, making it one of the most historically significant and visually breathtaking land offerings anywhere along the California coast.

The property is listed by Kerry Mormann of Coastal Ranch, Kerry Mormann & Associates, represented through Berkshire Hathaway HomeServices California Properties. The listing came to market on February 18, 2026, at 1000 Calle Real, Goleta, CA 93117 — accessible via Highway 101 at Exit 113.

The ranch includes one mile of ocean frontage, direct access to the famous Naples surf break and Naples reef, and an 18-acre private lake with excellent bass fishing and a cabin. Over 220 legal parcels come with Certificates of Compliance, a legal legacy that traces back to an ambitious 1888 subdivision map in which streets, blocks, and more than 500 individual lots were laid out — but the city of Naples was never built, largely due to lack of infrastructure and economic headwinds of the era.

   

The depth of history here is remarkable. For thousands of years, the land was part of the territory of the Chumash people, with the ancient village of Kuyamu located in the southwest corner of what is now the ranch. The Chumash practice of stewardship — seasonal movement, controlled burns, and careful harvesting — shaped the land's ecology in ways that are still visible today. This is also the site where explorer Juan Cabrillo first encountered what would become Santa Barbara, in 1542.

Legal development rights were established in the late 20th and early 21st centuries, yet large-scale buildout repeatedly stalled due to economic cycles, land constraints, and sustained resistance from environmental groups and the local community. Today, the Coastal Ranch team is engaging with buyers whose vision aligns with the land's history, its legal reality, and its potential future — whether that is a private family estate, a conservation legacy, an agricultural holding, or a thoughtfully stewarded retreat.

The property is described as a place where private surf sessions at a world-class break, bass fishing in total solitude, horseback trail riding, and sunset wine gatherings are all within reach — a canvas for a lasting personal or conservation legacy that few properties anywhere in the world could credibly offer.

   

For a buyer with the vision and means to meet this land on its own terms, Naples/Santa Barbara Ranch is, by every measure, a once-in-a-generation opportunity.

Click Here for the Full Listing.
 

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