This car is presenting well; and pricing is about where it should be for a third-party broker seller in today's market.
As for restoration, it is as I've come to find, and concurred with many, that finding any survivor Pagoda with original paint is nearly impossible. So this restoration may not have been to bring a neglected car to driving condition, but more to maintain a good car as good. Don't dismiss it out of hand.
As for the cyclops headlight, this is laughable--but nobody has ever come to any posting here on sl113.org regarding the [extremely fragile] grill star and barrel without vehemently complaining about Mercedes-Benz pricing on this part. They complained when it was $300, then $600, then $1,000, then $1,200...and the last I heard from the Classic Center is that this part has gone NLA and the last one they sold was $2,000. On a car starting at this price below $40K, and maybe eventually selling for less than $80K, "investing" in a grill star is something the seller just isn't going to do...but this will be a turnoff to many. So will some missing trim bits.
Pictures tell a good story, sure--but beware anyone buying any Pagoda these days without getting to the car yourself or with an expert, and passing judgment then. Just relying on a broker's description is not a great idea.