A blog about the Santa Barbara beach real estate market
Kathleen Winter DRE 01022891 805.451.4663

New Padaro Lane Beachfront Price Reduction: 3555.5 Padaro Lane

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New Padaro Lane Beachfront Price Reduction: 3555.5 Padaro Lane

Less than 2 weeks after coming on the market, the asking price of 3555.5 Padaro Lane has been reduced from $9,900,000 to $9,750,000.

Listed by Compass, 3555.5 Padaro Lane is a 2,082 sq.ft. 2 bedroom/3 bath Cape Cod style beach house offering panoramic ocean, island, harbor and mountain views combined with modern amenities of style, taste and peaceful luxury. Features include a den with fireplace (perfect as an additional guest bedroom), soaring vaulted ceilings, dark wood floors and open beam ceilings. The wonderful indoor/outdoor living is enhanced by the lovely brick patio/entertainment area. The property is one of two lots on Padaro Lane with 25′ of beach frontage.

For further information, please click here.

History of the Listing

3555.5 Padaro Lane came on the market in August 2020 asking $9,900,000. Its price was reduced less than 2 weeks later to $9,750,000.

Previous Sales since 2000

3555.5 Padaro Lane sold in January 2015 for $6,500,000. To view how it looked at the time of that sale, please click here. It also sold in October 2011 for $5,900,000 and, prior to being redone, it sold in June 2004 for $5,050,000.

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