SANTA BARBARA, CA--(Marketwire - Jan 17, 2012) - The highly anticipated model grand opening of Bella Riviera takes place this Saturday from 10 a.m. to 5 p.m. just a short walk from Santa Barbara's charming State Street. The public is invited to join in the celebration of this rare new village situated on the site of the former St. Francis Hospital amid two of Santa Barbara's finest neighborhoods, the Upper East and Lower Riviera. Daylong events are planned, including a complimentary barbecue lunch and a drawing for a $500 Grand Prize.

The Traditional Offering at Bella Riviera offers a very rare opportunity to purchase a brand new townhome or villa overlooking downtown Santa Barbara. Model homes will be unveiled, presenting two- and three-story designs ranging from 1,053 to 1,578 square feet. This diverse collection of just 34 homes offers floor plans with two to three bedrooms, up to two and one-half baths, and private garages per plan. Plans are on view at www.bellarivieranewhomes.com.

There are 115 homes in total at Bella Riviera, including 81 homes in The Professional Offering available for sale exclusively to qualified employees of Cottage Health System. Bella Riviera is a unique community that includes a variety of innovative outdoor spaces, children's play area, spectacular view-encompassing parks, and a Euro-style recreation area called a Woonerf. Homes echo the architectural heritage of Santa Barbara, blending seamlessly into their surroundings. Many of the homes feature breathtaking surprise views of the ocean. Beautifully appointed with a host of preferred interior details, the homes include top rated green-built materials, energy-efficient appliances and many cost-saving features. Pricing ranges from the $600,000s to $900,000 plus.

To join in the celebratory grand opening, from the South: Head west on US-101 N. Take Garden St. exit and turn right. Turn right on Arrellaga St. Parking and sales office are ahead. From the North: Head east on US-101 S. Take Mission St. exit and turn left. Turn right on Garden St. Turn left on Arrellaga St. Parking and sales office are ahead. To contact the sales center, please call 877-236-6557. Find Bella Riviera on Facebook at BellaRivieraSB.