New Montecito Beachfront Escrow Closing: 1811 Fernald Point Lane
1811 Fernald Point Lane has closed escrow for $8,850,000.
1811 Fernald Point Lane offers panoramic ocean, island and coastline views from almost every room of this striking tri-level approx. 3,200 sq.ft. Contemporary home on the beach in Montecito. Situated on a private road beyond the gates of Fernald Cove, this sophisticated home offers 4 bedrooms and 3.5 baths. The appx. 0.19 acre parcel boasts an ample appx. 50′ of beach frontage.
History of the Listing
1811 Fernald Point Lane came on the market in May 2020 asking $9,975,000. Its price was reduced in September 2020 to $9,250,000. It went into escrow in April 2021, then fell out weeks later. It went back into escrow in June and closed in July for $8,850,000.
Previous Sales Since 2000
None