New Beachfront Escrow Closing on Padaro Lane: 3553 Padaro Lane
3553 Padaro Lane has closed escrow for $5,400,000.
3553 Padaro Lane offers spectacular panoramic ocean, island and coastline views from one of Santa Barbara’s most coveted locations on Padaro Lane. Situated on the sand with 50’ of beach frontage, this charming 1,240 sq.ft. 1 bedroom/2 bath cottage has a spacious living room with fireplace that opens onto an ample seaside deck. The dining area and kitchen enjoy pretty mountain views, while the private bedroom has ocean and island views. Downstairs is a bonus room with full bath, single car garage, laundry and plenty of storage for kayaks, paddle boards and other beach toys.
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History of the Listing
3553 Padaro Lane came on the market at the end of July 2015 asking $5,950,000. It went into escrow in May 2016 and closed in June for $5,400,000.
Previous Sales in the 2000’s
None, as 3553 Padaro Lane has been cherished by the same family since 1955.
