PRICE REDUCTION Padaro Lane Bluff-top: 3111 Padaro Lane
Padaro Lane Bluff-top Price Reduction: 3111 Padaro Lane
Listed by Village Properties, 3111 Padaro Lane’s asking price was reduced on 11/06/16 from $14,600,000 to $13,900,000. First time on the market, 3111 Padaro Lane is a 2.02 acre bluff-top property with 186′ of ocean frontage with panoramic ocean, and island views and stairway access to the beach. There are multiple structures on the property, including a 4 bedroom/3 bath 2 story home built in 1965, a 1 bedroom/1 bath guest house, 2 2-car garages and a workshop. This is the ideal property for someone looking for an estate site with peaceful privacy, magnificent views, massive redwoods, oak trees a citrus orchard.
3111 Padaro Lane was listed at the beginning of August 2013 for $22,000,000. The price was reduced multiple times to a low of $14,250,000, then increased to $14,600,000 once it was newly staged in August 2015. It is now priced at $13,900,000 as of 11/06/16.
Due to the nature of this property, 3111 Padaro Lane has been held in the same family for generations and therefore has never been for sale previously!