New Montecito Shores Ocean View Escrow Closing: 78 Seaview Drive

Less than 2 weeks after dropping the asking price from $3,450,000 to $2,950,000, 78 Seaview Drive has closed escrow at the full asking price.

78 Seaview Drive is a 1,994 sq.ft. 3 bedroom/2.5 bath single level condominium with very beautiful ocean and island views across the meadow at Montecito Sea Meadow. The quite private condo has 2 luxurious master suites and a third bedroom/office, formal dining room, wet bar and 3 patios ideal for seaside entertaining or relaxing.

History of the Listing

78 Seaview Drive came on the market in December 2019 asking $4,595,000. Its price was reduced in January 2020 to $3,995,000, in July to $3,450,000 and in August to $2,950,000. It went into escrow within 3 days and closed a week later for $2,950,000.

Previous Sales in the 2000’s

78 Seaview Drive last sold in April 2018 for $4,000,000. To view how it looked at the time of that sale, please click here. At the time of its 2018 sale, 78 Seaview Drive had been partially remodeled since it sold in June 2011 for $2,650,000.