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

New Padaro Lane Price Reduction: 3493 Padaro Lane

New Padaro Lane Price Reduction: 3493 Padaro Lane

Listed by Kathleen Winter of Berkshire Hathaway Luxury Properties, 3493 Padaro Lane has reduced its asking price from $8,850,000 to $8,200,000.

Beautiful ocean and island views are enjoyed from this beachfront home in one of Santa Barbara’s most coveted locations on Padaro Lane. Situated on 0.4 acres with approx. 62’ of beach frontage, the charming approx. 1,746 sq.ft. cottage has a comfortable living room with fireplace, open beam ceilings and redwood Board n’ Batten walls, dining room, airy kitchen, and 3 bedrooms/2 baths. The large beachside deck offers plenty of room for entertaining and relaxing, as well as a seaside spa. Cherished for generations by its original owners, this darling beach home awaits a new family to treasure it.

For further details, please click here.

History of the Listing

3493 Padaro Lane came on the market at the end of August 2017 asking $8,850,000. It went into escrow at the end of December, and fell out in February 2018, at which time its price was reduced to $8,200,000.

Previous Sales in the 2000’s

None. This property has been in the same family since the 1930’s, with the house built in 1949 and enjoyed ever since!