New Beachfront Montecito Shores Closing: 1 Seaview Drive
The beachfront condo at 1 Seaview Drive has closed escrow for $4,350,000.
1 Seaview Drive is a recently updated 2 bedroom, plus den/office, 3 bath, beach level unit featuring a chef’s kitchen with stainless steel appliances and granite counters, formal dining room and unique ocean front patio. Unquestionably the most panoramic ocean, island and coastline views in the entire Montecito Shores complex are enjoyed from this condominium (as well as the units directly above it.)
History of the Listing
This condo has been on and off the market since March 2011 when it was originally asking $3,995,000. During 2012, after some updating, it was re-listed in June for $4,650,000 then reduced to $4,395,000, at which price it was taken off the market in mid December. It came back on the market asking $4,650,000 in July 2013, went into escrow 2 months later and closed in September for $4,350,000.
Previous Sales in the 2000’s
Prior to being upgraded, 1 Seaview Drive last sold in March 2005 for $3,008,000.