New Padaro Lane Beachfront Escrow Closing: 3271 Padaro Lane
3271 Padaro Lane has closed escrow for $21,750,000.
3271 Padaro Lane, one of the loveliest homes on Padaro Lane, is a 2008 built 7,287 sq.ft. 6 bedroom/6.5 bath Nantucket style home. There are master suites on each level and a one bedroom guest apartment with separate entrance. On Padaro’s coveted knoll with panoramic views, total privacy, easy beach access and a private sandy beach area with deck.
History of the Listing
3271 Padaro Lane came on the market in June 2016 asking $33,500,000. Its price was reduced in November to $29,900,000, in March 2017 to $28,900,000, in May to $26,900,000 and in June to $24,900,000. It went into escrow in November and closed in December for $21,750,000.
Previous Sales in the 2000’s
3271 Padaro Lane sold in December 2009 for $17,500,000.