New Montecito Beachfront Escrow Pending: 1548 Miramar Beach
The 25% interest in 1548 Miramar Beach asking $1,150,000 has gone into escrow.
Listed by Kathleen Winter of Berkshire Hathaway Luxury Properties, 1548 Miramar Beach is located on the sand of famed Miramar Beach within a gated community. 1548 Miramar Beach is a romantic cottage with panoramic ocean, island and coastline views that has been recently and beautifully remodeled. This 801 sq.ft. residence may be small in size, but its extremely efficient design is delightful throughout.
The two story structure has separate entrances for each level, providing privacy for guests. The upper level is a studio apartment with a bright living room with gas fireplace and open beam wood ceilings, a fully appointed kitchen with pretty granite counters, a Cal King sized Murphy bed and a full bath. The lower level offers a Queen sized sofa bed, fireplace, full bath, laundry and owner’s closets. Both levels have seaside decks for relaxation and entertaining.
Other features of the property include an outside shower, utility lift between the parking level and the upper level and 3 parking places. The property has 27′ of beach frontage and is situated in the best part of Miramar Beach with a sunny Southern exposure that is bright throughout the day.
The 25% interest entitles the owner to use the property one week per month and requires the owner to share 25% of the costs of ownership.
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History of the Listing
1548 Miramar Beach came on the market in May 2016 for $1,150,000. It went into escrow in October 2016.
Previous Sales in the 2000’s
While there have been changes in the partial ownership interests in 1548 Miramar Beach, the property itself has not sold in the 2000’s.
