2937 Padaro Lane, CARPINTERIA, CA 93013, CARPINTERIA, 93013 - 3 bed, 4 bath
ACTIVE$48,975,000$2,514/sqft
2937 Padaro Lane, CARPINTERIA, CA 93013
3Beds
4Baths
2,514Sqft
183,387.594Lot
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 = 183387, living area = 2514.
Top Cons:
Main Residence Size & Capacity: The 2,514 sqft, 3-bedroom main house, while modern, is relatively modest in size for a nearly $49 million, 4.2-acre oceanfront estate, potentially requiring significant expansion or a new build to fully meet the expectations of ultra-luxury buyers.
Compared to the nearby listings
Price:$48.98M vs avg $1.82M (+$47,150,000)97%
Size:2,514 sqft vs avg 1,203 sqft90%
Price/sqft:$19.5K vs avg $59697%
More Insights
Built in 2014 (12 years old).
Condition: The property was built in 2014, making it 10 years old, which falls within the 'built within 10 years' criterion for an excellent rating. The description highlights it as 'bright and modern.' While interior images of the kitchen and bathrooms are not provided, the age of the property, its high-value estate nature, and the well-maintained, modern exterior visible in the images strongly suggest that all components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2014
Close
-
List price
$48.98M
Original List price
-
Price/Sqft
$19,481
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3608
Home ConditionExcellent
Features
Excellent View:
Deck
Patio
View-
About this home
Rancho Cariñoso is a one-of-a-kind, 4.2. +/- -acre oceanfront estate on Padaro Lane, offering about an acre of private beach and direct access to the iconic Loon Point surf break. Zoned for 9 horses with a private equestrian trail to the sand, this is one of the only properties on the coast where you can ride freely at any hour. Enjoy rare amenities: dock a yacht offshore and tender in, launch jet skis and kayaks from your backyard, or drive ATVs down to the beach cabana. The single-level 3BD/3.5BA home is bright and modern, with a 1,000-sq-ft detached garage and multiple build-ready sites for a pool, sport court, or guest house. Channel Islands views, avocado and citrus trees, private hiking trail, and full drip irrigation enhance the landscape. Minutes to the Rosewood Miramar, Santa Barbara Polo Club, and private airport. The last true beachfront ranch estate in Southern Californiathis is legacy property, unmatched.
C
Carey Kendall
Listing Agent
Price History
Date
Event
Price
08/01/02
Sold
$15,000
Condition Rating
Excellent
The property was built in 2014, making it 10 years old, which falls within the 'built within 10 years' criterion for an excellent rating. The description highlights it as 'bright and modern.' While interior images of the kitchen and bathrooms are not provided, the age of the property, its high-value estate nature, and the well-maintained, modern exterior visible in the images strongly suggest that all components are new or virtually new, meeting 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 = 183387, living area = 2514.
Unparalleled Oceanfront Estate & Private Beach: A one-of-a-kind 4.2-acre oceanfront estate featuring approximately one acre of private beach and direct access to the iconic Loon Point surf break, offering exceptional exclusivity and recreational opportunities.
Exceptional Equestrian Amenities: Zoned for 9 horses with a private equestrian trail leading directly to the sand, providing a rare opportunity for coastal horseback riding at any hour.
Exclusive Watercraft & Recreational Access: Offers unique amenities such as the ability to dock a yacht offshore, launch jet skis and kayaks from the backyard, and drive ATVs to a private beach cabana.
Significant Development Potential: Includes multiple build-ready sites for future additions like a pool, sport court, or guest house, allowing for extensive customization and expansion of the estate.
Prime Location & Luxury Proximity: Located on the prestigious Padaro Lane, minutes from the Rosewood Miramar, Santa Barbara Polo Club, and a private airport, enhancing its prestige and convenience for a luxury lifestyle.
Cons
Main Residence Size & Capacity: The 2,514 sqft, 3-bedroom main house, while modern, is relatively modest in size for a nearly $49 million, 4.2-acre oceanfront estate, potentially requiring significant expansion or a new build to fully meet the expectations of ultra-luxury buyers.
Ultra-Luxury Price Point & Niche Market: The asking price of nearly $49 million places this property in an extremely exclusive and limited market, which could result in a longer marketing period and a very specific buyer profile.
Extensive Ongoing Maintenance & Operational Demands: The sheer scale of the 4.2-acre estate, including private beach, equestrian facilities, and specialized recreational amenities, necessitates substantial ongoing maintenance, staffing, and operational expenses, which is a significant financial commitment beyond the purchase price.