New Montecito Beachfront Closing: 1558 Miramar Beach
1558 Miramar Beach has closed escrow for $3,350,000.
Built in 1996, 1558 Miramar Beach is a beautifully crafted 1,186 sq.ft. 3 level home with custom plastered walls, teak cabinetry, granite countertops and heated floors. Legally a duplex, this home has been specifically designed for vacation rentals or full time use and can sleep 8. The exceptionally efficient interior space, necessary because the lot is only 11′ wide, is reminiscent of a boat interior.
History of the Listing
This property was listed in April 2013 asking $4,500,000. The asking price was reduced twice, first at the end of June 2013 to $3,950,000, then in mid-November 2013 to $3,695,000. It sold in January 2014 for $3,350,000.
Previous sales in the 2000’s
This home sold privately in March 2011 for $3,500,000.
