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!

Reminiscent of estates on the Cote d’Azur with breathtaking views across the Santa Barbara coastline, Mountains & Channel Islands, this gated beach front estate affords exceptional privacy & exclusivity. Located on the most private of Montecito beaches, the lushly landscaped estate sits above 115 ft. ± of beachfront and is enhanced by a historic renovated Monterey Colonial main house with 8 bd,9 ba, 2 powder rooms & 3 car garage. The estate boasts improvements currently impossible to obtain per present-day restrictions: guesthouse, beach-side cabana w/fireplace, bath & dressing room, BBQ, sea wall & fenced private beach area. A permit is also in hand for further enhancements to the main house. A second parcel is also available for an additional cost and currently hosts a pool, patios, fountains & possesses a rare permit for a new, 4 bd, 4 1/2 bath, 2,900 sq. ft. home, 4-car garage, pool & steps to its own beach. Near shopping & restaurants & in the Montecito School District.