1647 Posilipo Lane B, SANTA BARBARA, CA 93108, SANTA BARBARA, 93108 - 3 bed, 3 bath

1647 Posilipo Lane B, SANTA BARBARA, CA 93108 home-pic-0
ACTIVE$3,750,000$2,147/sqft
1647 Posilipo Lane B, SANTA BARBARA, CA 93108
3Beds
3Baths
2,147Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Coastal Location: The property is ideally situated just steps from Fernald Point Beach and adjacent to the luxurious Rosewood Miramar Resort, offering unparalleled access to high-end amenities and the ocean.
Top Cons:
High Monthly Association Fee: The $1250 monthly association fee represents a substantial ongoing cost for ownership, which could impact affordability for some buyers.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 1991 (35 years old).
Condition: The property, built in 1991, presents as move-in ready with significant recent updates in key areas. The kitchen features modern white shaker cabinets, high-end stainless steel Viking appliances, contemporary countertops, and a stylish subway tile backsplash, indicating a renovation within the last 5-10 years. The primary bathroom also appears recently updated with marble-look tile and a modern double vanity. While the secondary bathroom shows slightly older fixtures and finishes, it remains clean and functional. The main living areas boast light wood flooring and recessed lighting, contributing to a fresh, modern aesthetic. The overall condition suggests extensive renovations within the last 5-15 years, aligning well with the 'Good' criteria.
Year Built
1991
Close
-
List price
$3.75M
Original List price
-
Price/Sqft
$1,747
HOA
$1,250
Days on market
-
Sold On
-
MLS number
25-1052
Home ConditionGood
Features
Excellent View:
Deck
Patio
View-

About this home

Welcome to your effortless seaside retreat—an airy, light-filled Montecito townhome just steps from dreamy Fernald Point Beach & next to the Rosewood Miramar. One of only six residences (with just four owners), this rare 3-bed, 2.5-bath getaway offers over 2,100 sq. ft. of coastal living. High ceilings throughout, a top-floor primary suite features walk-in closet, private balcony, & ocean views. Downstairs, the open living room with wood floors, a cozy fireplace, & an ocean-view balcony flows seamlessly into the dining area & kitchen, complete with breakfast nook & private patio. An attached 2-car garage with interior access adds to the ease of living. Just moments from the incredible shops & dining at the Rosewood Resort, this coastal gem perfectly blends luxury & convenience by the sea.

M
Marsha Kotlyar Estate Group
Listing Agent

Price History

Date
Event
Price
03/24/21
Sold
$2,450,000
11/08/10
Sold
$1,100,000
04/11/03
Sold
$1,195,000
Condition Rating
Good

The property, built in 1991, presents as move-in ready with significant recent updates in key areas. The kitchen features modern white shaker cabinets, high-end stainless steel Viking appliances, contemporary countertops, and a stylish subway tile backsplash, indicating a renovation within the last 5-10 years. The primary bathroom also appears recently updated with marble-look tile and a modern double vanity. While the secondary bathroom shows slightly older fixtures and finishes, it remains clean and functional. The main living areas boast light wood flooring and recessed lighting, contributing to a fresh, modern aesthetic. The overall condition suggests extensive renovations within the last 5-15 years, aligning well with the 'Good' criteria.
Pros & Cons

Pros

Exceptional Coastal Location: The property is ideally situated just steps from Fernald Point Beach and adjacent to the luxurious Rosewood Miramar Resort, offering unparalleled access to high-end amenities and the ocean.
Exclusive & Private Community: As one of only six residences with just four owners, the townhome offers a rare sense of exclusivity, privacy, and a close-knit community atmosphere.
Ocean Views & Outdoor Living: The top-floor primary suite features a private balcony with ocean views, complemented by an additional ocean-view balcony off the living room, enhancing the coastal lifestyle.
Spacious & Light-Filled Interior: Boasting over 2,100 sq. ft. with high ceilings and an airy, light-filled design, the residence provides a comfortable and inviting living space.
Convenient Amenities: The property includes an attached 2-car garage with interior access, a cozy fireplace, and a private patio, adding significant convenience and comfort to daily living.

Cons

High Monthly Association Fee: The $1250 monthly association fee represents a substantial ongoing cost for ownership, which could impact affordability for some buyers.
Townhome Configuration: As a townhome, the property shares walls with other units, potentially offering less privacy and outdoor space compared to a detached single-family residence.
Potential for Updates: Built in 1991, the property is over 30 years old, and while well-maintained, may require updates to certain systems or finishes to fully align with contemporary luxury standards, as no recent comprehensive renovations are explicitly detailed.
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