
SANTA BARBARA, CA 93108
This Turnkey Coastal Sanctuary is a Strong Value Opportunity, listed at $3,499,000—positioned well below the $3,920,338 Fair Market Value by 10%. This valuation gap offers $421,338 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a Chef's Kitchen and Wide-Plank White Oak Flooring. With its Prime Beachfront Location and 24-Hour Guard-Gated Security, this property provides a seamless lifestyle for Luxury Homebuyers or Owner-Occupants seeking a secure, move-in-ready coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 59 Seaview Drive Subject | $3,499,000* List Price | 2 | 2 | 2,068 | $1,896 | - |
A 47 Seaview Drive Active | $3,650,000 List Price | 2 | 2 | 1,944 | $1,878 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1974, the property has undergone a high-end, recent renovation within the last 5 years. It features new wide-plank white oak flooring, a modern chef's kitchen with premium Thermador induction appliances, and contemporary en-suite bathrooms. The interior is in mint condition with a modern coastal aesthetic, requiring no maintenance or further updates.
Situated in the exclusive Montecito Shores enclave, the property offers rare direct beach access and proximity to world-class amenities like the Rosewood Miramar and Coast Village Road.
The home features high-end updates including new wide-plank white oak flooring and a chef's kitchen, providing a modern, move-in-ready aesthetic that maximizes natural light.
Located within a 24-hour guard-gated community with impeccably maintained grounds, offering a secure 'lock-and-leave' lifestyle ideal for secondary homeowners.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2178, other record lot size in square feet = 2236.
The monthly association fee of $2,014 is substantial, which significantly increases the ongoing cost of ownership compared to other residential options.
With only two bedrooms for over 2,000 square feet of living space, the layout may be restrictive for buyers requiring additional guest rooms or multiple dedicated home offices.
Few addresses in Montecito offer true beachfront living - Montecito Shores is one of the rare exceptions. Located within this exclusive, gated enclave: 59 Seaview Drive presents a rare opportunity to experience true beachfront living, with private pathways that lead directly to the sand and the Pacific beyond. Just moments away, Coast Village Road, the Rosewood Miramar, Coral Casino, and the soon-to-reopen Biltmore define the very best of the Montecito lifestyle, with dining, shopping, and leisure all close at hand. Inside, the home feels bright and effortlessly coastal, with new wide-plank white oak flooring and a freshly repainted, light-filled palette that amplifies natural breezes. An open living and dining plan centers on everyday ease, where floor-to-ceiling windows frame the greenbelt and invite seamless indoor-outdoor flow. The chef's kitchen is both elegant and practical, opening to an adjacent media room /library that's ideal for entertaining or quiet evenings snuggled up with a book. The primary suite provides a private, serene retreat with generous closet space and a contemporary en-suite, delivering a clean, modern coastal aesthetic without the need for further work or renovation. Perfectly situated, the guest suite is tucked away in its own area. Private and beautifully appointed with built-ins plus a walk-in closet. With 24-hour guard-gated security and impeccably maintained grounds, Montecito Shores offers a seamless lock-and-leave lifestyle, allowing owners to come and go with ease, knowing their home is safely cared for with quiet precision.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,068 | 1,868 | 54% |
| Lot Size | 2,178 | - | 85% |
| Price | $3.50M | $3.46M | 54% |
| Price per sq ft | $1.7K | $1.5K | 62% |
| Built year | 1974 | 1974 | 50% |
| HOA | $2014 | $1.2K | 92% |
| Days on market | 46 | 222 | 8% |
May 13, 2026
$3,499,000
Initial Listing
May 18, 2012
$1,215,000
Public Record
Sep 1, 1998
$690,000
Public Record