49 Seaview Drive, MONTECITO, CA 93108, MONTECITO, 93108 - 2 bed, 2 bath
49 Seaview Drive
MONTECITO, CA 93108
Property Price
SUMMARY
Analysis of 49 Seaview Drive, MONTECITO, CA 93108 is currently available with a list price of $2,950,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the MONTECITO Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1974, this property is well-maintained and offers a clean, 'airy' coastal aesthetic, but it lacks a recent comprehensive renovation. While the unit is move-in ready and features desirable enclosed balconies and ocean views, the internal systems and finishes (kitchen/baths) reflect an older style consistent with a property that has been maintained through regular upkeep rather than modern updates. The property analysis explicitly identifies 'Aging Infrastructure' as a weakness, confirming that while functional, the home is aged and likely features outdated components.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated just steps from Butterfly Beach and within walking distance to the Rosewood Miramar and Montecito's Lower Village, offering an elite coastal lifestyle.
- Optimal Unit Positioning
This third-floor, south-facing end unit maximizes natural light and ocean views, providing a brighter and more private atmosphere than standard interior units.
- Comprehensive Community Amenities
Located in a guard-gated community, residents enjoy high-end security along with resort-style amenities including a pool and tennis courts.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly association fee of $1,786 is substantial, which may impact the property's appeal to buyers sensitive to high recurring non-mortgage expenses.
- Aging Infrastructure
Built in 1974, the property may require modernization of internal systems or face future community assessments common in older coastal developments.
About 49 Seaview Drive
Just steps from the beach, this bright Montecito Shores residence combines ocean views, sunlight, and a relaxed coastal energy. The desirable third-floor, south-facing end unit offers incredible natural light and large windows that frame the ocean and tree-lined skyline, creating a connection to the outdoors. The two-bedroom, two-bath layout is open and inviting, with enclosed balconies and generous living spaces perfect for entertaining or quiet evenings at home. Every room feels airy and calm, surrounded by the soft sounds and light of the coast... ...Located in one of Montecito's most desirable oceanfront communities, residents enjoy resort-style amenities including a pool, tennis court, and guard-gated security. The Biltmore, Coral Casino, Butterfly Beach, Rosewood Miramar and the boutiques and cafes of the Lower Village are just a short stroll away, making everyday living effortless and refined.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1786 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,868 | 1,724 | 64% |
| Lot Size | - | - | 50% |
| Price | $2.95M | $3.56M | 36% |
| Price per sq ft | $1.6K | $1.6K | 50% |
| Built year | 1974 | 1974 | 50% |
| HOA | $1786 | $952 | 64% |
| Days on market | 124 | 204 | 27% |
Pricing History
Listed for Sale
Feb 21, 2026
$2,950,000
$3,200,000
-8% Price Drop
Initial Listing
Price Change
Nov 3, 2025
$3,200,000
Initial Listing