Kathleen Winter DRE 01022891 805.451.4663

New Close of Escrow: 3165 Padaro Lane


3165 Padaro Lane has closed escrow for $16,981,000.

3165 Padaro Lane is an oceanfront gated estate with 175 ft. of ocean frontage on nearly 2 level bluff-top acres. Built in 1992, the approximately 10,000 square foot Georgian home features a grand foyer with a sweeping wrought-iron staircase, abundant windows on the first floor overlooking the lawn and ocean, an expansive kitchen and dining area, a private paneled office and a separate maids/guest wing. The second floor includes a master suite with vaulted ceilings and sun deck and elegant his and hers bathrooms, a sunny study and three guest rooms with bathrooms en suite. This property enjoys a private path to the sand, though often there is no beach at the bottom of the bluff.

3165 Padaro Lane sold privately. However, it had been listed for sale for a couple of years previously, most recently being withdrawn from the market in February 2012 at an asking price of $25,500,000.