New Padaro Lane Beachfront Escrow Failure: 3353 Padaro Lane
3353 Padaro Lane has fallen out of escrow and has been temporarily taken off the market.
Listed by Village Properties, 3353 Padaro Lane is a beautifully remodeled 1961 built 2,238 sq.ft. 3 bedroom/2 bath home. Delightful features include wood paneled vaulted ceilings, a stone living room fireplace, abundant walls of glass and a private master suite with fossil-brick fireplace and lovely bath. 3353 Padaro Lane offers a very large deck with spa and several sitting areas as well as easy beach access. 3353 Padaro Lane is situated on a 0.37 acre flag lot with 75′ of beach frontage.
History of the Listing
3353 Padaro Lane came on the market in April 2016 asking $12,000,000. Its price was reduced in July to $10,900,000 and in March 2017 to $9,900,000. It went into escrow at the end of May and fell out in August.
Previous Sales in the 2000’s
3353 Padaro Lane has been expanded and thoroughly remodeled since it sold in February 2000 for $2,450,000.