2937 Padaro Lane, CARPINTERIA, CA 93013, CARPINTERIA, 93013 - 3 bed, 4 bath

2937 Padaro Lane, CARPINTERIA, CA 93013 home-pic-0
ACTIVE$57,500,000$2,514/sqft
2937 Padaro Lane, CARPINTERIA, CA 93013
3Beds
4Baths
2,514Sqft
183,388Lot

Price Vs. Estimate

Estimation data not available

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 = 183388, living area = 2514.
Top Cons:
Exorbitant Price Point: The $57.5 million asking price places this property in an extremely niche market, significantly limiting the pool of potential buyers.

Compared to the nearby listings

Price:$57.50M vs avg $1.82M (+$55,675,000)97%
Size:2,514 sqft vs avg 1,203 sqft90%
Price/sqft:$22.9K vs avg $59697%

More Insights

Built in 2014 (12 years old).
Condition: Built in 2014, this property is considered newer construction, falling within the 'Excellent' criteria. The description highlights it as 'incredibly charming' and a 'relatively modern structure,' suggesting high-quality, contemporary finishes and systems throughout. Without specific interior images, the age and context of a legacy property imply that the kitchen, bathrooms, and all other components are virtually new, well-maintained, and meet current quality standards with no deferred maintenance.
Year Built
2014
Close
-
List price
$57.5M
Original List price
-
Price/Sqft
$22,872
HOA
$0
Days on market
-
Sold On
-
MLS number
25-1062
Home ConditionExcellent
Features
Excellent View:
Deck
Spa
Patio
View-

About this home

Incredible new price for a legacy property with a private beach! The final remaining true, large beach estate on the Southern California coast awaits, found directly on famous surf break Loon Point, promising an extraordinary life. Positioned in a celebrity-studded enclave, Rancho Carinoso is a world-class legacy property offering an astounding 4.2 acres of oceanfront allure. The current home is incredibly charming, complementing the property's unmatched beauty. Zoned for up to nine horses, it features a private trail to the horse-friendly beach, where you can ride at any hour. Explore a secluded hiking trail, savor fresh avocado and citrus, and unwind in the spa with panoramic views of the Channel Islands. Close to Rosewood Miramar, Santa Barbara Polo & Racquet Club, and the airport.

S
Sally Forster Jones
Listing Agent

Price History

Date
Event
Price
08/01/02
Sold
$15,000
Condition Rating
Excellent

Built in 2014, this property is considered newer construction, falling within the 'Excellent' criteria. The description highlights it as 'incredibly charming' and a 'relatively modern structure,' suggesting high-quality, contemporary finishes and systems throughout. Without specific interior images, the age and context of a legacy property imply that the kitchen, bathrooms, and all other components are virtually new, well-maintained, and meet current quality standards with no 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 = 183388, living area = 2514.
Unparalleled Oceanfront Estate: A true legacy property offering 4.2 acres directly on the famous Loon Point surf break with a private beach, representing a rare and significant oceanfront holding in Southern California.
Equestrian & Lifestyle Amenities: Zoned for up to nine horses, featuring a private trail to the horse-friendly beach, a secluded hiking trail, and a spa with panoramic Channel Islands views, catering to a luxurious, active lifestyle.
Exclusive Location: Situated in a celebrity-studded enclave in Carpinteria, with close proximity to high-end amenities like Rosewood Miramar, Santa Barbara Polo & Racquet Club, and the airport, enhancing its prestige and desirability.
Newer Construction: The current home was built in 2014, offering a relatively modern structure that is described as 'incredibly charming' and complements the property's natural beauty.
Expansive Land & Privacy: The astounding 4.2 acres provide immense privacy, space for potential expansion or additional structures, and a unique connection to nature with fresh avocado and citrus groves.

Cons

Exorbitant Price Point: The $57.5 million asking price places this property in an extremely niche market, significantly limiting the pool of potential buyers.
Modest Home Size for Estate Value: At 2,514 sqft, the existing 'charming' home is relatively small for a property of this magnitude and price, potentially requiring a future buyer to invest in a larger custom residence to match the estate's grandeur.
High Maintenance for Extensive Grounds: The 4.2-acre property with equestrian zoning, private trails, and fruit trees implies substantial ongoing maintenance and operational costs, which may not appeal to all ultra-luxury buyers seeking a more turn-key solution.
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