New Montecito Beach Area Escrow Pending: 1086 Channel Drive
1086 Channel Drive, asking $19,500,000, has gone into escrow.
Listed by Berkshire Hathaway Luxury Properties and built in 1962, 1086 Channel Drive is a gated and private 2,746 sq.ft. 3 bedroom/2.5 bath Mid-Century Contemporary on 0.81 acres with bright and airy rooms and walls of glass overlooking world renowned Butterfly Beach with ocean and island views. Situated in a wonderful location for enjoying Montecito within a short stroll of Coast Village Road shops and dining, The Four Seasons Biltmore and The Coral Casino.
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History of the Listing
1086 Channel Drive came on the market in October 2014 asking $19,500,000. Its asking price has changed over the years multiple times, most recently in November 2021 from $23,500,000 back to $19,500,000. It went into escrow in February 2022.
Previous Sales in the 2000’s
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