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REO ALERT – Santa Barbara Mesa Beach Cottage under $750k

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This new Mesa REO (Bank-owned property) just came on the market and it is a great value for any Santa Barbara home buyer looking for something affordable and close to the beach. This turn-key home is only 1 block from beach access and popular Shoreline park, and the entire house has been updated with features like granite counters, stainless steel appliances, a recent bathroom remodel, and lush tropical landscaping.  The garage also appears to have been finished out as additional living space at one time complete with drywall, electricity, new windows, trim, etc. This property was last listed for sale in 2009 for $1.049 million and is currently listed at $748,680. To demonstrate the value of this property, no homes have sold on Shoreline Drive for under $1 million in the last 5 years and many of the bluff-front homes have ranged all the way up to $4.5 million: Shoreline Drive Sales for past five years.

Mesa REO

Please Click here for the full MLS listing details and photos for 1514 Shoreline Drive.

Thanks for visiting the Santa Barbara Real Estate Blog. Visit www.TheZiaGroup.com for your comprehensive Santa Barbara, Montecito, Goleta, and Carpinteria resource. If you have any questions regarding this property or other Santa Barbara homes, contact Daniel Zia today at 805-679-7148 or Daniel@ZiaGroup.com.



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