New Rincon Beachfront Escrow Pending: 3438 Pacific Coast Highway
3438 Pacific Coast Highway, asking $2,350,000, has gone into escrow.
Listed by Troop Real Estate, 3438 Pacific Coast Highway is a 1,348 sq.ft. 2 story Nantucket style style 3 bedroom/3 bath home built in 1984. Generating vacation rental revenues of approximately $120,000 per year, the home has been extensively remodeled by a renowned Santa Barbara architectural designer and features 3 ocean-view terraces and a hot tub.
History of the Listing
3438 Pacific Coast Highway came on the market in mid-March 2015 asking $2,350,000. It went into escrow a month later.
Previous Sales in the 2000’s
3438 Pacific Coast Highway was sold in an exchange in February 2008. Prior to that, it sold in October 2002 for $925,000.