Living room view

New Escrow Closing in Montecito Shores: 53 Seaview Drive

53 Seaview Drive has closed escrow for $1,700,000.

53 Seaview Drive is a remodeled and private top floor single level condominium filled with natural light and offering pretty tree-top and mountain views. Handsomely designed, this 2 bedroom/2 bath penthouse has a newer granite kitchen including custom cabinets and pantry, an enclosed balcony, formal dining room, fireplace and in unit washer/dryer. The spacious master suite has a vast walk-in closet and large dressing/bathroom area, while the guest bedroom has yet another walk-in closet.

History of the Listing

53 Seaview Drive came on the market at the end of October 2014 asking $2,250,000. Its price was reduced at the beginning of January 2015 to $1,950,000 and went into escrow weeks later. The buyer defaulted days before the escrow was due to close for no reason. The price was reduced in July 2015 to $1,895,000, at the end of September to $1,795,000 and in January 2016 to $1,750,000. It went into escrow in February 2016 and closed in April 2016 for $1,700,000.

Previous Sales in the 2000’s

53 Seaview Drive last sold in June 2004 for $1,300,000.