Co-listed by Sotheby’s International Realty and Coldwell Banker, the asking price of 1821 Fernald Point Lane in Montecito has been reduced to $4,950,000.
Situated on a 100′ wide lot on the sand in Montecito, 1821 Fernald Point Lane is a tri-level home built in 1973 with a foyer/office on the top floor, a living room, kitchen and 2 bedrooms/2 baths on the second floor, and a bedroom/bath and kitchenette on the lowest level with spiral staircases in between. It has large decks with a spa and 4 car garage.
1821 Fernald Point Lane was listed in October 2011 at $6,850,000. Its asking price was reduced to $5,950,000 in February 2012, then reduced to $5,450,000 in mid-August before its new price reduction to $4,950,000.
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