Kathleen Winter DRE 01022891 805.451.4663

New Escrow Cancellation: 176 Rincon Point Road

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176 Rincon Point Road in gated Rincon Point has fallen out of escrow. The owners have decided to keep it off the market over the holidays and place it back for sale in the Spring.

176 Rincon Point Road is a spectacular redwood beachfront home designed by Andy Neumann and built in 1989 within the gates at Rincon Point. With 4 bedrooms in the main residence, the 5,212 sq.ft. home includes a spacious second floor master suite, a family room, formal dining room and a 5th bedroom/guest apartment. The parcel, with a vast 94′ of beach frontage, oversees the exciting world famous surf break at Rincon Point.

176 Rincon Point Road was originally listed in mid-October 2011 at an asking price of $9,750,000. The asking price was reduced in late December 2011 to $8,750,000, then reduced again in April 2012 to $8,250,000 before the most recent price reduction to $7,800,000. It went into escrow shortly after this final price reduction.

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