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New Montecito Shores Escrow Closing: 11 Seaview Drive

11 Seaview Drive has closed escrow for $1,475,000.

Situated in beachfront Building 1, 11 Seaview Drive is a 1,599 sq.ft. 2 bedroom/2 bath second floor condominium that offers the pleasing sounds of the sea (though it does not have an ocean view) and close beach proximity. Features include new carpet, an enclosed lanai, newer kitchen appliances and garden views.

History of the Listing

11 Seaview Drive was listed in July 2014 asking $1,900,000. Its asking price was reduced at the end of September to $1,845,000 and in January 2015 to $1,650,000. It went into escrow at the beginning of July 2015 and closed escrow in September for $1,475,000.

Previous Sales in the 2000’s

11 Seaview Drive last sold in March 2005 for $1,400,000.

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