Kathleen Winter DRE 01022891 805.451.4663

New Price Reduction Along the Rincon: 5498 Rincon Beach Park Drive

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5498 Rincon Beach Park Drive

New Price Reduction Along the Rincon: 5498 Rincon Beach Park Drive

5498 Rincon Beach Park Drive has dropped its asking price by $105,000 to $1,995,000.

5498 Rincon Beach Park Drive is a 2 story Mediterranean home within the gates of the Seacliff Beach Colony.  Approvals are in hand for a 5,000 sq.ft. Mediterranean style remodel.

This property has been on the market since June 2010, at which time the original asking price was $3,100,000.  It most recently sold in November 2006 for $2,450,000.

About Seacliff Beach Colony Along the Rincon

Just off the Seacliff exit from the 101, one arrives at the gates of the Seacliff Beach Colony, which consists of 49 beachfront homes and no non-beachfront homes. All of the properties within Seacliff Beach Colony are on 40’ wide lots, except the Eastern-most five homes, which are on 50’ wide lots.

The homes on Seacliff Beach Colony had been on 99 year leases until 2008, during which the ownership became in fee following litigation against the landlord.

Now that the land is owned in fee, it is likely that the community will be making improvements to the common areas. Currently, there are no common area facilities within Seacliff Beach Colony.

5498 Rincon Beach Park Drive2 5498 Rincon Beach Park Drive3

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