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

New Santa Barbara Oceanfront Listing: 101 Mesa Lane – Love & Joy Cottages

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New Santa Barbara Oceanfront Listing: 101 Mesa Lane – Love & Joy Cottages

101 Mesa Lane – Love & Joy Cottages has come on the market asking $6,407,000.

Listed with Keller Williams Realty Santa Barbara, 101 Mesa Lane – Love & Joy Cottages is an opportunity to purchase into an existing TIC (Tenancy In Common) agreement to enjoy the exclusive right to use the Love Cottage, Joy Cottage, guest apartment, and music studio, along with shared access to the rest of the 2.52 acre grounds, including the entire bluff front. The Love cottage is one of the two bluff front dwellings on the property and comes with an attached ocean-view studio and 2 lofts. Adjacent is the Joy cottage, a versatile 2-story dwelling rumored to originally have been permitted as Mike Love’s music studio. It offers a 2-bedroom ocean view apartment with auxiliary bonus rooms downstairs. This is a unique opportunity to enjoy oceanfront living with multiple dwellings for guests or family members–rare to find anywhere in Santa Barbara!

Two other purchase options exist:
1) Purchase a 14% interest with exclusive right to occupy the Bliss Cottage (this option is covered in this blog post.)

2) Purchase the entire property (100%) to enjoy as-is, possibly subdivide, or develop your dream estate (this option is covered in this blog post.)

History of the Listing

101 Mesa Lane – Love & Joy Cottages came on the market in November 2019 asking $6,407,000.

Previous Sales in the 2000’s

None

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