
With limited resources, there are naturally only a few beach / bluff top real estate sales here in the Montecito
and Santa Barbara area every few months. After quite a fall in prices this last year as much of our
beachfront real estate remained sitting on the market, sales have started to pick up. Here in the first quarter
of 2010 we have had the following sales / pending sales of oceanfront property.
2010 – 1st quarter Beach Front Sales
1.1801 Fernald Point Lane, Montecito CA 93108 – This wonderful beachfront Montecito property is located in
one of the most desired beachfront areas in our town…Fernald Point. A stunning 5 bedroom contemporary
with Mediterranean influences. Magnificent views of the ocean, high quality custom details throughout,
spacious public rooms, chef’s kitchen, inner sun-filled courtyard, tiled pool and outdoor terraces with steps to
the beach, the union of sand, sea and sky complete this comfortably luxurious oceanfront estate. After being
originally listed over 1.5 yrs ago at $29.9 million, it sold in January for $15.5 million.
2.1169 Hill Road, Montecito CA 93108 – A gorgeous 4 bed 4 bath Mediterranean style home built in 2005
located again in one of the most desirable beachfront areas in Montecito…Channel Drive. This home is
located above Channel Drive and “off the beach” but with direct views of the water and included the sale of
additional parcels. After starting at $22 million and being on the market for a few years, this property sold in
February for $12.9 million.
3.1795 Fernald Point Lane, Montecito CA 93108 – Behind the double gates of Fernald Point, this .33+/- acre
lot already had Coastal Development Permit & Plans for the construction of a 4 bedroom, 4.5 bath, 2,900+/-
sq ft house with 1800+/- sq ft 4-car garage and partial basement, pool, & private steps to the beach. After
being on the market for just under a year and originally listed at $6.35 million, this oceanfront land parcel
sold in January for $4.35 million.
4.1300 Plaza Pacifica, Montecito CA 93108 – Although this unit is not directly on the ocean, the Bonneymede
complex is oceanfront. This particular condo is only a few doors off the beach but feels like a beach home...
MORE.
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