New Price Reduction in Gated Solimar Beach Colony
2940 Solimar Beach Drive has reduced its asking price from $3,250,000 to $2,995,000.
2940 Solimar Beach Drive is a 2 bedroom/2.5 bath beachfront home that sits prominently on the sand in the prestigious gated Solimar Beach Colony overlooking the coastline and islands, located minutes from Montecito. Built in 1987 and offering an open floorplan with a fireplace in both the living room and master bedroom, this home features a private entry courtyard, seperate apartment over the two car garage and a large beachside deck. This is a trust sale with no probate needed.
About Solimar Beach Colony
The Southern-most grouping of beachside homes along the Rincon is a gated enclave known as “Solimar Beach Colony” and it is considered the most desirable of all the Rincon communities.
One of the reasons Solimar Beach Colony is so desirable is that there tends to be more beach sand to walk along on at Solimar Beach than on the other Rincon beaches, which almost always remain “wet” with the waves coming right up to their seawalls.
Another advantage of Solimar Beach Colony is that there are only two non-beachfront homes within the Colony. This not only provides a feeling of spaciousness within the community, but also results in no restrictions against two story homes within the Colony. In contrast, in Faria Beach Colony, there is a 12’ height restriction on the beachfront homes so that the non-beachfront properties can enjoy ocean views from their second stories.
Solimar residents share use of tennis courts and community playgrounds and gardens. There is a tremendous pride of ownership seen throughout Solimar, where the highest sale to date along the Rincon took place in 2008 for $6,725,000.
