Kathleen Winter DRE 01022891 805.451.4663

New Padaro Lane Blufftop Escrow Closing: 3191 Padaro Lane

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New Padaro Lane Blufftop Escrow Closing: 3191 Padaro Lane

A portion of the property at 3191 Padaro Lane has closed escrow for $12,000,000.

On the same day that the entirely of 3191 Padaro Lane closed escrow, a portion of it was sold off. The entirety of 3191 Padaro Lane is a 6,943 sq.ft. 5 bedroom/6.5 bath home built in 1920 in poor condition on 5.47 acres and 335′ of ocean frontage spanning two parcels, each with private beach access. The property includes a vast lawn, 601 sq.ft. guest cottage, tennis court and private water well.

The part that was sold off is the vacant 2.02 acre parcel with 128′ of ocean frontage. That leaves the original 3191 Padaro Lane with the structures on 3.46 acres and 200′ of ocean frontage.

History of the Listing

This portion of 3191 Padaro Lane sold directly from the buyer and closed the same day as the entirety of the property.

Sales since 2000

None

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