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

New Padaro Lane Blufftop Escrow Pending: 3055 Padaro Lane

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New Padaro Lane Blufftop Escrow Pending: 3055 Padaro Lane

3055 Padaro Lane, asking $22,000,000, has gone into escrow.

Listed by Village Properties and spanning over 4.3 acres on 2 parcels, 3055 Padaro Lane has approx. 350′ of bluff frontage offering complete privacy. Bright and beachy interiors are both relaxed and refined in the 3 bedroom/3.5 bath main residence with family room, formal dining room, breakfast nook and 1-bedroom/1 bath guest house. Majestic specimen trees grace the gated property and 2 private wells keep the grounds incredibly lush.

For further information, please click here.

History of the Listing

3055 Padaro Lane came on the market at the end of January 2017 asking $28,500,000. Its price was reduced in August to $25,500,000 and in November to $22,500,000. It was then repainted and newly staged, coming back on the market in October 2018 asking $22,000,000. It went into escrow in January 2019.

Previous Sales in the 2000’s

3055 Padaro Lane has been improved since it last sold in June 2004 for $19,000,000.

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