Kathleen Winter DRE 01022891 805.451.4663

New Santa Barbara Oceanfront Escrow Pending: 101 Mesa Lane

Facebooktwitterredditpinterestlinkedinmail

New Santa Barbara Oceanfront Escrow Pending: 101 Mesa Lane

101 Mesa Lane, asking $13,950,000, has gone into escrow.

Listed with Keller Williams Realty Santa Barbara, 101 Mesa Lane is a unique compound of 5 ocean view cottages on 2.52 acres with appx. 213′ of ocean frontage. There are 5 separate owners each with partial interests, all of which are offered together at the $14,950,000 asking price. Steeped in local history and lore, this magical estate was previously owned by Mike Love of the iconic Beach Boys. Beach access by way of the Mesa Steps is very close to this gated property.

Two other purchase options exist:
1) Purchase a 14% interest with exclusive right to occupy the Bliss Cottage (this option is covered in this blog post.)

2) Purchase a 43% interest with exclusive right to occupy the Love & Joy Cottages (this option is covered in this blog post.)

For further information, please click here.

History of the Listing

101 Mesa Lane came on the market in November 2019 asking $14,950,000. Its price was reduced in December to $14,450,000 and in January 2020 to $13,950,000. It went into escrow in March.

Previous Sales in the 2000’s

None

Facebooktwitterredditpinterestlinkedinmail