A blog about the Santa Barbara beach real estate market
Kathleen Winter DRE 01022891 805.451.4663

New Montecito Beach Area Price Reduction: 90 Butterfly Lane

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New Montecito Beach Area Price Reduction: 90 Butterfly Lane

90 Butterfly Lane has reduced its asking price from $4,995,000 to $3,950,000 and is now listed by Kathleen Winter at Berkshire Hathaway Luxury Properties.

Montecito’s beautiful Butterfly Beach is the coveted location of this extraordinary Mediterranean villa, near the famed Four Seasons Biltmore Hotel, Music Academy of the West and Montecito’s charming “Lower Village.” The elegant home offers a dramatic entry with wrought iron door and staircase, soaring ceilings, limestone and hardwood floors, 5 fireplaces, formal dining room, Great Room, gourmet kitchen, library, office, home theater, gym room and wine cellar with bar. The exceptional quality construction and details of this 5,111 sq.ft. 3 bedroom/3-full & 2-half bath home include 6” thick walls, custom sound absorbing glass windows and gorgeous custom mosaics. The private and nicely landscaped grounds include a soothing entry fountain and backyard flagstone patio with outdoor fireplace and Viking BBQ.

For further information, please click here.

History of the Listing

90 Butterfly Lane came on the market in January 2015 asking $4,995,000. Its price was reduced to $3,950,000 in December 2015.

Previous Sales in the 2000’s

A tear down on the property sold in June 2007 for $1,071,106 and in March 2006 for $850,000.

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