New Santa Barbara beach area escrow: 1222 Shoreline Drive
Days after coming on the market at an asking price of $1,200,000,1222 Shoreline Drive has gone into escrow. The property had 10 offers on it, but an all cash, contingency free offer of $1,450,000 surpassed all others and was accepted. The transaction must be approved by the Estate Court (which will take place in a few weeks) and is subject to overbid; the minimum overbid that can be accepted is $1,522,000.
1222 Shoreline Drive is a very modest 1,098 sq.ft. 2 bedroom/1 bath cottage built in 1951 in fixer condition across the road from Shoreline Park. It has lovely ocean and island views and easy access to the beautiful Shoreline Park. This property is being sold out of an estate and the sale is subject to Court confirmation.
About Shoreline Drive real estate
One of Santa Barbara’s ocean real estate areas is along Shoreline Drive. There are 39 homes that are situated just across the street from the wonderful Shoreline Park and these “Park-front” homes offer beautiful ocean and park views. Shoreline Park offers acres of green grass, walking and bike paths, abundant picnic tables and a beautiful new playground.
