Pickleball Compound on Butterfly Beach for $38.5 Million

Noteworthy new listings….

You can’t argue with the location of 1104 Channel Drive ($38.5 million), on 1.58 sumptuous acres across the street from Butterfly Beach and a hop and a skip from Coast Village Road. The seller paid $31.25 million in March 2021 and added a pickleball court. While the interiors remain a bit dated—a little brown goes a long way these days—it’s still a sweet set-up, with four en-suite bedrooms in the main house (including an insane primary bath), a guest apartment, a pool house, a gym, and unrivaled views.

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Location is also the main draw at 3213 Cliff Drive ($14.9 million), 2.8 oceanfront acres on two lots just past Hendrys Beach. The 1971 house is modest for such an extraordinary setting, but the floor plan is workable, especially if you build a guest house in the northeast corner. The real magic can be found outside the house: you would never be allowed to build a pool on the bluff’s edge today, and forget about stairs down to the beach. The listing agents are waiting to confirm that the path, which had become overgrown and is in the process of being uncovered, does indeed make it all the way to the sand. Even if it doesn’t, there’s considerable consolation in the mid-bluff flagstone terrace.

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The Spanish-style house at 674 Oak Grove Drive ($5.825 million) in Montecito was built in 1956, and you can see the midcentury influence in the flat ceilings and big windows facing the back terrace. The seller paid $3.3 million last January and renovated it. The living room and kitchen are sharp, with personality built in; the bedrooms, however, are a little generic, and there are moments—some of the windows and the empty primary closet, to name two—where you might feel the project got wrapped up too quickly. You can always add those to the list when you decide what to do with the blank-slate part of the .91-acre lot. P.S. Love how the outdoor shower’s wooden deck is cut around the stones.

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Practically across the street, 667 Oak Grove Drive ($4.25 million) was built in 1957 but has had any midcentury energy erased over the years. At around 1,900 square feet, it’s not a lot of space for the money or the neighborhood, but what did you expect for $4 million in Montecito in 2023? Pretty backyard, though, and the house doesn’t look like it needs much work. N.B. There’s a carport but no garage and the laundry is off the carport.

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I suspect 411 Las Palmas Drive ($5.495 million) will be a hot commodity, even if the 1961 house could use an update, possibly combining some rooms and popping some ceilings. The 1.11-acre lot feels expansive, with numerous seating areas, lawn, and two-horse stable and paddock.

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The entry level of 2929 Selwyn Circle ($2.3 million) in Mission Canyon includes just a foyer and garage; the rest of the 1987 house drops down the hillside. The listing calls it an “architectural jewel,” and it certainly has many interesting facets. The sunroom is striking, although I have to imagine it cooks in the afternoon. P.S. What would you call that bathroom color?

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Also worth checking out:
••• 2310 State Street ($2.75 million): Flip of the cute 1925 two-bedroom at the corner of Pueblo; the seller paid $2.413 million in May 2022.
••• 1525 State Street #B ($1.795 million): Two-bedroom, two-bath condo with a neat living room (below) and outdoor space—if you have the patience to live through the construction next door….

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