Panoramic views over Butterfly beach in exclusive Montecito. This approximately 3,844 sq ft light-filled home located just steps from the Four Seasons Biltmore was designed for understated casual-chic living and is an ideal family home or weekend retreat. Walls of glass sliders throughout the home create a wonderful indoor-outdoor feeling. The large and comfortable living room with fireplace, Saltillo floors and white-washed beamed ceiling overlooks the terrace, swimming pool/spa and huge sunken lawn that extends to Channel Drive. Two guest bedrooms are also located on this level. Upstairs the ultra-private Master Bedroom features a fireplace, window seats and a spacious balcony that enjoys sweeping, magnificent views to the ocean. This property enjoys the premier location on Channel Drive and offers the potential of enjoying this wonderful beach home as is, or the ability to design and build a truly spectacular, custom Beachfront estate.