New Santa Barbara Oceanfront Price Reduction: 101 Mesa Lane
After a month on the market, the asking price of 101 Mesa Lane has been reduced from $14,950,000 to $14,450,000.
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.
Previous Sales in the 2000’s
None