Kathleen Winter DRE 01022891 805.451.4663

New Padaro Lane Bluff-Top Price Reduction: 3111 Padaro Lane

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3111 Padaro Lane 8

New Padaro Lane Bluff-top Price Reduction: 3111 Padaro Lane

Listed by Village Properties, 3111 Padaro Lane has reduced its asking price for the third time, this time from $17,950,000 to $16,750,000.

Never before on the market, 3111 Padaro Lane is a 2.02 acre bluff-top property with 186′ of ocean frontage with panoramic ocean, island and coastline views and shared access to a stairway to the beach. Currently, there are 3 structures on the property, including a 3 bedroom/3 bath 2 story home built in 1960, a 1 bedroom/1 bath guest house and a garage/workshop. The best use of the property is undoubtedly as an estate site with privacy and outstanding views.

History of the Listing

3111 Padaro Lane has been held in the same family for generations and has never been for sale previously. It was listed at the beginning of August 2013 asking $22,000,000. Its price was reduced at the beginning of September 2013 to $19,500,000, reduced to $17,950,000 in February 2014 and now reduced to $16,750,000.

3111 Padaro Lane 1

3111 Padaro Lane 3

3111 Padaro Lane 4

3111 Padaro Lane 5

3111 Padaro Lane 6

3111 Padaro Lane view from guest house3111 Padaro Lane guest house

3111 Padaro Lane front exterior

3111 Padaro Lane 7

3111 Padaro Lane den

3111 Padaro Lane master bedroom

3111 Padaro Lane bedroom 2

3111 Padaro Lane bedroom 3

 

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