Courtesy of Riskin Partners
MONTECITO, CA – The historic El Fureidis estate in Montecito recently returned to the market with a $17.1 million dollar price reduction, a 49% reduction from its 2014 offering price of $35 million.
Represented by Riskin Partners and Emily Kellenberger of Village Properties Realtors, Santa Barbara’s exclusive affiliate of Christie’s International Real Estate, the famed estate is one of the area’s most notable properties. El Fureidis – “tropical paradise” – was designed by renowned architect Bertram Goodhue and built in 1906 for James Waldron Gillespie. Goodhue’s works include the Los Angeles Central Library, Saint Thomas Church in New York City, the Nebraska State Capitol, and the Chapel and original campus of the U.S. Military Academy at West Point.