New Montecito Beachfront Escrow Closing: 1803 Fernald Point Lane
1803 Fernald Point Lane has closed escrow for $23,760,000.
1803 Fernald Point Lane is a recently redone 5,917 sq.ft. 5 bedroom/6 bath Provencal style villa on 0.61 acres with 101′ of beach frontage within the gates of Fernald Point Cove. Features include a dramatic two story great room, chef’s kitchen with La Cornue range and formal dining room along with 2 primary and 3 guest suites.
History of the Listing
1803 Fernald Point Lane came on the market in November 2024 asking $34,500,000. Its price was reduced in March 2025 to $28,750,000. It went into escrow in June and closed in June for $23,760,000.
Sales since 2000
1803 Fernald Point Lane has been completely redone and transformed from a Mediterranean style home into a Provencal style home since it sold in June 2019 for $13,979,903. Please click to see how 1803 Fernald Point Lane looked at the time of its June 2019 sale.
