Sea Ledge Lane has a magical feel to it: Heading west on Cliff Drive, you turn left, toward the ocean, just before you reach Hope Ranch. Eight of the nine houses on the private street are ideally situated—right above the beach, but away from busy Cliff Drive.
One of those properties, 3511 Sea Ledge, has come on the market for $10.5 million.
Bathrooms: Four and a half.
Size/Acreage: 3,538 square feet / 1.12 acres.
Price: $10.5 million.
Last sold: In early 2015 for $7.8 million.
Listing agent: Chris Smith of the Bartron Group at Berkshire Hathaway Home Services.
Before we enter, let’s take a moment to savor the location:
Built in 1963, the house has a nice flow and charming bones. The rooms with pitched ceilings are more attractive, of course, although those ceilings are presumably why the house relies on a half dozen split-ductless HVAC systems for heating and cooling rather than a central system.
The 1.1-acre lot includes plenty of established landscaping, along with that luscious oceanfront lawn. Water features usually exist to mask some unpleasant noise, but the one here is more about creating a nice view in a narrow side yard.
As with any oceanfront property, you have to worry about potential erosion and, should you want to make structural changes, dealing with the California Coastal Commission. Unlike 3429 Sea Ledge down the street—an adorable 1949 house with a history of unpermitted construction—3511 is said to have all its paperwork in order. For that reason, 3429 makes a difficult comp. It was first listed at $7.5 million, then cut four times till it was at $5.95 million. It does now have a pending offer….
Neither 3429 nor 3511 has stairs down to the beach, the way a few Sea Ledge properties do, but there’s a gated communal stairway at the end of the street.
Contact Chris Smith of the Bartron Group (805-351-2474, [email protected]) for a showing. Be sure to tell him Siteline sent you.