The first home is located at 3 Moonshell. This is a 4 bedroom, 5 bath estate Tuscan style estate located on a private lot. Amenities include 2 kitchens, a wine tasting room, game room, 2nd floor fireplace and a large family room. Enjoy incredible sunset views from almost every room in the house. It is listed at $6,850,000.
The second estate is located at 6 Shorewalk. It is a 5 bedroom, 6 bath Santa Barbara style home. It is a front row home boasting great views and has a great floor plan with many amenities. It is 7,503 SqFt. and there recently was a huge price reduction and it is now listed at $7,485,000.
Next is a Santa Barbara style home located at 16 Shorewalk. It is 6 bedrooms and 7 baths. The beautiful front courtyard with fireplace and water sculpture welcomes you to this breathtaking home. Amenities include, Beaumaniere Loire stone floors, high-beamed ceilings, infinity edged pool, master suite, 2 kitchens and a guesthouse. This property is 7,678 SqFt. and is listed at $8,495,000.
Currently, the average list price on these Sea Crest homes is $7,610,000 and $1002.50/SqFt. One property sold in the last 90 days. The estate sold for $1123.77/SqFt. after 198 days on the market.
So what does that mean to me? If you purchase a Sea Crest home at $7,000,000 with 20% down, an interest rate of 5.25% fixed for 30 years with property tax 1.25% and a PMI of 0.5% and have an excellent credit rating here is what your estimate would look like:
Monthly Payments: $ 38,215.07
Total Interest Paid: $5,532,426.64
Total Tax Paid: $2,625,000.00
*This communication is for information purposes only. Prudential California Realty is not a mortgage broker or lender. You should not rely on mortgage rate or product information contained in this communication but should instead contact your lender directly to learn about currently available mortgage rates or products.
