Realkey.ai
RealKey
‪(213) 433-7766‬

1994 Paquita Drive, CARPINTERIA, CA 93013, CARPINTERIA, 93013 - 3 bed, 3 bath

1994 Paquita Drive, CARPINTERIA, CA 93013 home-pic-0
ACTIVE$3,750,000$2,659/sqft
Est. Value: $4,121,242
9%
BelowEstimate
1994 Paquita Drive, CARPINTERIA, CA 93013
3Beds
3Baths
2,659Sqft
47,916Lot

Price Vs. Estimate

The estimated value ($4,121,241.8) is $371,241.8 (9%) higher than the list price ($3,750,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47916, living area = 2659.
Top Cons:
Age of Property: Built in 1963, while beautifully renovated, the underlying structure is over 60 years old, which may lead to concerns about unseen infrastructure (plumbing, electrical) or require specific maintenance associated with older homes.

Compared to the nearby listings

Price:$3.75M vs avg $1.82M (+$1,925,000)83%
Size:2,659 sqft vs avg 1,203 sqft90%
Price/sqft:$1.4K vs avg $59676%

More Insights

Built in 1963 (63 years old).
Condition: Despite being built in 1963, the property has undergone an extensive and high-quality renovation. The kitchen is fully updated with premium stainless steel appliances, modern cabinetry, and contemporary countertops. The main bathroom features a luxurious freestanding tub, a large walk-in shower, and modern vanities. Light hardwood floors are present throughout most of the home, and lighting fixtures are modern (recessed and track lighting). All visible components appear new or virtually new, reflecting current quality standards with no signs of deferred maintenance.
Year Built
1963
Close
-
List price
$3.75M
Original List price
-
Price/Sqft
$1,410
HOA
$0
Days on market
-
Sold On
-
MLS number
25-4287
Home ConditionExcellent
Features
Excellent View:
Deck
Spa
Patio
View-

About this home

Perched gracefully atop a lush, one-acre oasis this beautifully renovated ranch-style home in La Mirada Estates in Carpinteria, California, blends coastal charm with complete privacy and tranquility. Mountains rise up behind the property, while natural, terraced gardens cascade downward, opening to sweeping views of the sparking Pacific Ocean and the Channel Islands. Inside, the home feels bright and airy, with light hardwood floors flowing through three bedrooms, two and one half bathrooms, and a dedicated office. The chef's kitchen - fully updated and equipped with premium appliances - connects seamlessly to a cozy dining area, while an additional room serves perfectly as a formal dining space, art studio or creative retreat. A spacious workshop, once a double garage, with a half bath sits separately on the property and may present exciting development potential. On the lower portion of the land, a thriving orchard produces edible and delicious fruits, including, citrus, Santa Rosa plums, Hachiya persimmons, passion fruit, pineapple guava, blackberries and figs, a selection of herbs and seasonal veggies in raised planting beds- with plenty of space to expand your personal garden paradise. Surrounded by mature native oak trees, a small seasonal creek, and nourished by nature in every direction, this exceptional property offers peaceful seclusion and enchanting views from nearly every window. It is a truly magical retreat, where serenity and natural beautiful come together in perfect harmony.

C
Charlie Petersen
Listing Agent

Price History

Date
Event
Price
07/26/13
Sold
$1,300,000
Condition Rating
Excellent
Despite being built in 1963, the property has undergone an extensive and high-quality renovation. The kitchen is fully updated with premium stainless steel appliances, modern cabinetry, and contemporary countertops. The main bathroom features a luxurious freestanding tub, a large walk-in shower, and modern vanities. Light hardwood floors are present throughout most of the home, and lighting fixtures are modern (recessed and track lighting). All visible components appear new or virtually new, reflecting current quality standards with no signs of deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47916, living area = 2659.
Panoramic Ocean & Island Views: The property boasts sweeping views of the Pacific Ocean and Channel Islands from nearly every window, offering a truly enchanting and high-value coastal experience.
Expansive & Private Acreage: Situated on a lush one-acre oasis, the property provides complete privacy, tranquility, and a sense of peaceful seclusion, a rare find in coastal California.
Beautifully Renovated Interior & Chef's Kitchen: The ranch-style home has been beautifully renovated with bright, airy spaces, light hardwood floors, and a fully updated chef's kitchen equipped with premium appliances.
Unique Agricultural & Garden Features: The lower portion of the land features a thriving orchard with diverse fruit trees, herbs, and raised planting beds, appealing to those seeking a personal garden paradise or self-sufficiency.
Versatile Outbuilding with Development Potential: A spacious separate workshop with a half bath, formerly a double garage, offers significant potential for conversion into an ADU, art studio, or additional living space.

Cons

Age of Property: Built in 1963, while beautifully renovated, the underlying structure is over 60 years old, which may lead to concerns about unseen infrastructure (plumbing, electrical) or require specific maintenance associated with older homes.
Terraced Garden Maintenance: The natural, terraced gardens, while beautiful, may require significant ongoing landscaping and maintenance efforts, which could be a consideration for buyers seeking lower-maintenance outdoor spaces.
Seasonal Creek Implications: The presence of a small seasonal creek, while natural, could imply potential for specific drainage considerations, erosion management, or attract certain wildlife, requiring careful property management.
Browse Properties by State Browse housing market trends by state