New Montecito Beachfront Price Reduction: 1473 Edgecliff Lane
The asking price of 1473 Edgecliff Lane has been reduced from $14,444,000 to $13,400,000.
Listed by Village Properties, 1473 Edgecliff Lane is a rare opportunity to own a beachfront parcel on Montecito’s Edgecliff Lane. There are two remodeled cottages on the property: a 2 story 1920’s 1 bedroom/1.5 bath home with fireplace, office and dining area, and a detached studio. The idyllic 0.65 acre site has an ocean view pool, beachside cabana and fabulous tropical landscaping.
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History of the Listing
1473 Edgecliff Lane was listed at the beginning of December 2015 asking $14,444,000. After going into escrow within 2 weeks, it came back on the market following a short escrow. Its price was reduced in March 2016 to $13,400,000.
Previous Sales in the 2000’s
1473 Edgecliff Lane sold in August 2011 for $10,750,000 in a private sale without coming on the market.
