New Montecito Beach Area Escrow Closing: 1150 Channel Drive
1150 Channel Drive has closed escrow for $22,995,000.
1150 Channel Drive is a dazzling extensively remodeled 3,813 sq.ft. Contemporary with nano walls opening to a vast infinity edge pool, large terraces, heated loggia and rooftop deck. Smart home reflecting cutting-edge trend features a glowing backlit onyx fireplace and frameless pocket glass doors throughout. Unique finishes adorn the single level 3 bedroom/4 bath home on .6 acres directly across the street from Butterfly Beach and just down the road from the Four Seasons Biltmore Hotel and Coral Casino.
History of the Listing
1150 Channel Drive came on the market in October 2020 asking $25,000,000. Its price was reduced in February 2021 to $23,800,000 and it went into escrow in April, closing in May for $22,995,000.
Previous Sales since 2000
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