New Padaro Lane Blufftop Escrow Closing: 2781 Padaro Lane
2781 Padaro Lane has closed escrow for $96,000,000 (!) in a private sale without coming on the market.
2781 Padaro Lane consists of 2 parcels totaling 9.97 acres. On 3.4 acres is an approx. 8,000 sq.ft. 5 bedroom residence, a guest cottage, pool, cabana, and private bluff-top sandy entertainment area. An adjacent 6.57-acre parcel is beautifully landscaped with a private gated entrance, lily pond, and sweeping meadows, fully prepared with utilities for development. This offering provides the opportunity to live in the existing residence while constructing homes or amenities, such as guest houses and horse stables amidst ocean and Santa Ynez foothills views.
Note: The photos in this post are from the 2022 sale of the property.
History of the Listing
2781 Padaro Lane sold in June 2024 for $96,000,000 in a private sale. In September 2023, this same buyer purchased 3165 Padaro Lane for $46,892,500 in a sale posted about here. Please call Kathleen Winter at 805.451.4663 to discuss further details of these transactions.
Previous Sales since 2000
Some cosmetic changes have been made to 2781 Padaro Lane since it sold in December 2022 for $69,947,000. The 3.4 acre parcel and residence at 2781 Padaro Lane was acquired along with the adjacent 3 parcels (which all together total 16 acres) in February 2007 for $83,275,000. The adjacent 6.57 acres included with the current 2781 Padaro Lane sale were acquired in December 2009 for $25,000,000 and have since been extensively landscaped.
