New Padaro Lane Beachfront Closing: 3517 Padaro Lane
3517 Padaro Lane has closed escrow for $7,900,000.
3517 Padaro Lane is a darling remodeled 991 sq.ft. 2 bedroom/1 bath cottage built in 1958 on the sand of Padaro Lane with 50′ of beach frontage on a 0.41 acre lot. The property is further enhanced by a redone 1 bedroom/1 bath apartment above, as well as another guest suite adjacent to, a detached two car garage. The beautifully landscaped property is gated, has abundant storage facilities and changing rooms and has a large new deck for beachside entertaining.
History of the Listing
3517 Padaro Lane became available for sale in March 2015 asking $7,950,000. It went into escrow in April and closed at the end of May for $7,900,000.
Previous Sales in the 2000’s
3517 Padaro Lane last sold in October 2008 for $6,100,000. It had been redone since its April 2004 sale for $4,500,000 and June 2000 sale for $3,150,000.
