New Padaro Lane Escrow Pending: 3449 Padaro Lane
3449 Padaro Lane has gone into escrow.
Listed by Seascape Realty asking $11,795,000, 3449 Padaro Lane is a 3,577 sq.ft. 2 story Cape Cod style 3 bedroom/3.5 bath home is situated on a South facing lot on the sand with 50′ of beach frontage. The property consists of 2 legal lots, one beachfront improved with a residence and the other behind that is nicely landscaped. Built in 1993, the house has a has a formal dining room, large kitchen with an eating area at one end, office, den, downstairs bedroom and an extra room for a second office/sewing room. It also has an elevator from the garage.
History of the Listing
3449 Padaro Lane was listed for $13,250,000 at the beginning of March 2014. Its price was reduced at the end of August to $11,795,000. It went into escrow at the end of Januray 2015.
Previous Sales
3449 Padaro Lane has never been on the market previously. It was built by the current owners in 1993. They acquired the vacant lot in November 1990 for $1,000,000.