New Padaro Lane Escrow Pending: 3555.5 Padaro Lane
Days after coming on the market asking $6,750,000, the Santa Barbara area beach house formerly owned by actor Rob Lowe, 3555.5 Padaro Lane, has gone into escrow.
Listed by Village Properties and built in 1996, 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.
History of the Listing
3555.5 Padaro Lane came on the market in December 2014 asking $6,750,000. It went into escrow immediately.
Previous Sales in the 2000’s
3555.5 Padaro Lane last sold in October 2011 for $5,900,000. Prior to being redone, it sold in June 2004 for $5,050,000.