New Padaro Lane Beachfront Escrow Closing: 3525 Padaro Lane
3525 Padaro Lane has closed escrow for $6,000,000.
3525 Padaro Lane consists of a very modest main 1 bedroom/1 bath cottage with franklin stove above a 1 car garage at the street side plus a modest 1 bedroom/1 bath cabana right on the sand with living room and kitchen. The 0.3 acre property has 50′ of beach frontage.
New Padaro Lane Beachfront Listing: 3525 Padaro Lane
3525 Padaro Lane came on the market in June 2018 asking $7,775,000. Its price was reduced in March 2019 to $6,900,000 and in May to $6,595,000. It went into escrow in July, closing in September for $6,000,000.
Previous Sales in the 2000’s
None; 3525 Padaro Lane has been in the same family since it was built in 1953.
