A blog about the Santa Barbara beach real estate market
Kathleen Winter DRE 01022891 805.451.4663

New Sand Point Road Escrow Closing: 501 Sand Point Road

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501 Sand Point Road 1

New Sand Point Road Escrow Closing: 501 Sand Point Road

After 4 years on the market, 501 Sand Point Road has closed escrow for $2,800,000.

501 Sand Point Road is a vacant parcel at the Eastern end of guarded and gated Sand Point Road with truly spectacular 360º views of the ocean, islands, coastline, mountains and bird sanctuary. Offering about 500′ of beach frontage, this is an exceptional and unique lot with unparalleled views. However, while some utilities are in place including sewer and water meter, the development of this property will be a challenge. Call for details.

History of the Listing

501 Sand Point Road came on the market in September 2014 asking $3,000,000. It went into escrow in March 2015 and fell out shortly thereafter. Its price was reduced at the end of June 2016 to $2,495,000, then increased at the beginning of September 2017 to $3,250,000. It went into escrow in September 2018 and closed weeks later for $2,800,000.

Previous Sales in the 2000’s

None.

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