New Montecito Beach Area Escrow Closing: 1210 Channel Drive
1210 Channel Drive has closed escrow for $17,450,000, less than a month after coming on the market asking $18,500,000.
1210 Channel Drive is a striking newly constructed 3 story 5/6.5 Contemporary designed by Warner Group next to the Four Seasons Biltmore Hotel with 1/1 guest house and 2 pools. Features include disappearing walls of glass, a spectacular upstairs master suite with ocean view deck and lower level lounge. Situated on a 0.35 acre lot with 60′ of frontage right across the street from Butterfly Beach and close to the shops and dining of Montecito’s Lower Village.
History of the Listing
1210 Channel Drive came on the market in August 2020 asking $18,500,000. It went into escrow and closed within a month for $17,450,000.
Previous Sales since 2000
1210 Channel Drive sold with a home that has since been torn down in November 2010 for $6,400,000, July 2010 for $6,000,000 and March 2003 for $2,500,000.
