New Montecito Beachfront Escrow Closing: Fernald Point Lane
A property on Fernald Point Lane has closed escrow for $45,000,000, the highest beachfront selling price in Santa Barbara history. The sellers were represented by Kathleen Winter in a private sale without coming on the market.
The gorgeous property consists of an approx. 8,000 sq.ft. two story Nantucket style 3 bedroom/5.5 bath main residence, 2 bedroom/2 bath guest house and charming studio apartment on 1.13 beautifully landscaped acres with 130′ of beach frontage. The main residence features 5 fireplaces, home theater, beachside gym, formal dining, large family room, 2 offices and exceptional quality construction throughout.
For further information, please call Kathleen Winter at 805.451.4663.
History of the Listing
The Fernald Point Lane property sold in March 2021 for $45,000,000 without coming on the market.
Previous Sales since 2000
The property sold with a tear down main residence (the guest house was retained) in May 2004 for $10,500,000.
