Villa Pelican, Estate of the Day

Today's estate in pricey Montecito, California could actually, even at the high price of $18.8 million practically be considered a deal. After all this beachside home was once listed at $34 million (I also spotted an old listing for $24.75 million). The home has views of the Santa Barbara coastline, mountains and Channel islands all from the privacy of a gated enclave. The property has a historic renovated Monterey Colonial main house with eight bedrooms and a three-car garage as well as a beach cabana, guest house and a fenced in beach area. A second parcel is also available for an additional cost and is home to a pool, patios, fountains and has permits for building a new four bedroom home. The main home is an odd mix, for the most part it has the casual look of a beach house but some rooms have a more formal and luxurious look. You can't beat the location, Fernald Cove is one of the most desired areas in this celebrity-filled town.















Reader Comments (Page 1 of 1)
C.S. Nov 25th 2009 5:23PM
All those pretty pictures nicely obscure the fact that the house sits just a few yards from the 101 freeway. Between the sound of the traffic and the sound of the surf, I doubt this is a very relaxing hideaway.
Steve McQueen Nov 26th 2009 1:02PM
Believe it or not, it also abuts (frequently used) railroad tracks....Fernald Cove is, nonetheless, one of 'Cito's most beautiful (and remote) beaches and flows right into both Miramar Beach and Summerland, making for some great long walks.
WAYNE Nov 26th 2009 8:28PM
Thanks for telling me about the free way, i was going to make a bid on this house