Living room view

New Price Reduction in Montecito Shores: 53 Seaview Drive

The asking price of 53 Seaview Drive has been reduced to $1,795,000.

53 Seaview Drive is a beautifully 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. This lovely condominium offers a most pleasing lifestyle in Montecito Shores, a guarded and gated condominium enclave that offers a pool, spa and tennis in addition to its unparalleled location at the beach in Montecito.

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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 and at the end of September to $1,795,000.

Previous Sales in the 2000’s

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