New Montecito Beachfront Listing: 1787 Fernald Point Lane
1787 Fernald Point Lane has been listed asking $11,100,000.
Listed by Coldwell Banker and known as “Villa Pelican,” 1787 Fernald Point Lane is an Eastern facing and private Montecito beachfront estate on 0.6 acres and approx. 115′ of beach frontage within the gated “Shark’s Cove” section of Fernald Point Lane. Built in 1934, Villa Pelican consists of a 6,400 sq.ft. 7 bedroom/9 bath Monterey Colonial with spacious public rooms, a detached guest house, a 3-car garage, gated beach access with fully equipped cabana, gardens and dramatic ocean, island and mountain views.
History of the Listing
1787 Fernald Point Lane was listed in October 2014 asking $11,100,000. It had been on and off the market for years previously at a variety of asking prices.
Previous Sales in the 2000’s
None.
