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

2937 Padaro Lane, CARPINTERIA, CA 93013 home-pic-0
ACTIVE$48,975,000/sqft
2937 Padaro Lane, CARPINTERIA, CA 93013
3Beds
4Baths
Sqft
Lot

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:
Ultra-Luxury Price Point: The nearly $49 million asking price targets an extremely limited buyer demographic, potentially extending market time.

Compared to the nearby listings

Price:$48.98M vs avg $1.82M (+$47,150,000)97%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%

More Insights

Built in 2014 (12 years old).
Condition: Built in 2014, this property is only 10 years old and presents in virtually new condition. The kitchen features high-end, professional-grade stainless steel appliances (e.g., Wolf range), modern flat-panel wood cabinetry, and granite countertops, all appearing pristine. Hardwood flooring extends throughout the main living areas and bedrooms, and light fixtures are contemporary. The overall aesthetic is modern, clean, and exceptionally well-maintained, indicating no deferred maintenance and meeting current quality standards.
Year Built
2014
Close
-
List price
$48.98M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
25-4039
Home ConditionExcellent
Features
Excellent View:
Deck
Patio
View-

About this home

Set along the coveted shores of Padaro Lane, Rancho Cariñoso is a one-of-a-kind 4.2-acre oceanfront sanctuary with nearly an acre of private beach and direct access to the legendary Loon Point surf break. Zoned for nine horses with a private trail to the sand, it's one of California's only coastal properties where you can ride freely along the shore. Enjoy an effortless coastal lifestyle—dock offshore, launch jet skis, or take an ATV to your beach cabana. The single-level 3BD, 3.5BA home features sunlit interiors, ocean views, and a 1,000-sq-ft garage with build-ready sites for a pool or guest house. Minutes from Miramar, the Polo Club, and private air travel, this legacy estate embodies the timeless freedom of the California coast.

B
Barron Hilton
Listing Agent

Price History

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

Built in 2014, this property is only 10 years old and presents in virtually new condition. The kitchen features high-end, professional-grade stainless steel appliances (e.g., Wolf range), modern flat-panel wood cabinetry, and granite countertops, all appearing pristine. Hardwood flooring extends throughout the main living areas and bedrooms, and light fixtures are contemporary. The overall aesthetic is modern, clean, and exceptionally well-maintained, indicating no deferred maintenance and meeting current quality standards.
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.
Unrivaled Oceanfront Acreage: A 4.2-acre oceanfront sanctuary with nearly an acre of private beach and direct access to the legendary Loon Point surf break on coveted Padaro Lane.
Exclusive Equestrian Lifestyle: Zoned for nine horses, featuring a private trail directly to the sand, offering a rare opportunity for coastal horseback riding.
Comprehensive Coastal Recreation: Provides unique amenities for an effortless coastal lifestyle, including offshore docking, jet ski launching, and ATV access to a private beach cabana.
Significant Development Potential: Includes build-ready sites for a pool or guest house, allowing for substantial customization and expansion to enhance the estate's value.
Modern & View-Oriented Residence: A single-level home built in 2014, boasting sunlit interiors and expansive ocean views, combining contemporary design with a highly desirable layout.

Cons

Ultra-Luxury Price Point: The nearly $49 million asking price targets an extremely limited buyer demographic, potentially extending market time.
Modest Bedroom Count for Estate Size: The main residence offers only 3 bedrooms, which may be considered limited for an estate of this scale and price, despite expansion potential.
Data Discrepancies: The future 'on_market_date' and a historical $15,000 sale price (likely for raw land) require clarification and could raise questions for interested parties.
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