New Price Reduction in Padaro Lane Area: 3240 Beach Club Road
For the third time, the asking price of 3240 Beach Club Road has been reduced, this time from $1,495,000 to $1,395,000.
Listed by Sotheby’s International Realty, 3240 Beach Club Road is a non-beachfront 0.59 acre creekside parcel with two very modest structures built in 1962 totaling 1,312 sq.ft. The future development of the property may be limited by the 50′ setbacks from the adjacent creek. While there are no ocean views, the property is very close to the beach at Padaro Lane.
History of the Listing
3240 Beach Club Road came on the market in mid-February asking $1,995,000. After 2 months, the asking price was reduced to $1,695,000 and it went into escrow at the end of June. After falling out of escrow in July, its price was reduced to $1,495,000 and now at the beginning of October, its price has been reduced further to $1,395,000.
