New Montecito Beachfront Listing: 1631 Posilipo Lane
1631 Posilipo Lane has come on the market asking $11,900,000.
Listed by Village Properties, 1631 Posilipo Lane is a beautifully remodeled appx. 3,302 sq.ft. 3 bedroom/2.5 bath beachfront home with an attached 2 bedroom/2 bath guest house on a half acre parcel with 75′ of beach frontage. Built in 1900 and full of character, this two story home features a gorgeous kitchen/great room with vaulted ceilings that opens to an extensive patio and private beach area. This home is steps away from the soon to be completed Miramar Beach resort, where dining at a new beachfront restaurant and bar will surely be a delight.
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History of the Listing
1633 Posilipo Lane came on the market in May 2018 asking $11,900,000.
Previous Sales in the 2000’s
1633 Posilipo Lane has been improved since it sold in May 2009 for $8,300,000 and completely redone since it sold in June 2007 for $10,000,000.
