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

2937 Padaro Lane
Carpinteria, CA 93013
Property Price
SUMMARY
Analysis of 2937 Padaro Lane, Carpinteria, CA 93013 is currently available with a list price of $48,975,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Carpinteria Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property was built in 2014, making it 10 years old, which falls within the 'Excellent' criteria for age. The kitchen features contemporary light wood cabinetry, granite countertops, and high-end stainless steel appliances (including a visible Wolf range), all appearing in pristine condition. Hardwood flooring is consistent throughout the visible living areas. While bathrooms are not explicitly pictured, the overall modern aesthetic, high-quality finishes, and recent construction date strongly indicate they are also in excellent, contemporary condition with no signs of wear or deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
- Unrivaled Oceanfront & Private Beach Access
Direct access to nearly an acre of private beach and the legendary Loon Point surf break, offering an exclusive and rare coastal experience.
- Unique Equestrian Lifestyle
Zoned for nine horses with a private trail leading directly to the sand, providing unparalleled beachfront riding opportunities unique to coastal California.
CONSRISKS & DEFICIENCIES
- Modest Primary Residence Size
The 2,514 sqft main residence might be considered relatively small for an estate of this magnitude and price point, potentially requiring further investment for expansion to meet ultra-luxury expectations.
- Extremely High Price Point
The nearly $49 million asking price targets an exceptionally niche market, which could result in a longer sales cycle and a highly limited buyer pool.
- Significant Additional Investment Required
While offering development potential, the property requires substantial further investment to realize amenities like a pool, sport court, or guest house, which are often expected at this luxury tier.
About 2937 Padaro Lane
Set along the coveted shores of Padaro Lane, Rancho Carioso is a truly one-of-a-kind, approximately 4.2-acre oceanfront sanctuary offering the rare privilege of nearly an acre of private beach and direct access to the legendary Loon Point surf break. Zoned for nine horses, with a private equestrian trail leading directly to the sand, this is one of the only coastal properties in California where you can ride freely along the shoreline at any hour of the day. The property's exceptional coastal lifestyle unfolds effortlesslydock your yacht just offshore and tender in, launch jet skis and kayaks from your backyard, or take an ATV down to your private beach cabana. The single-level 3-bedroom, 3.5-bath residence blends contemporary elegance with coastal serenity, featuring sun-drenched interiors and sweeping ocean views. A 1,000-square-foot detached garage provides flexible utility, while multiple build-ready sites invite possibilities for a pool, sport court, or guest house.Surrounded by avocado and citrus trees, a private hiking trail, and a fully irrigated landscape, the estate enjoys endless vistas of the Channel Islands and the Pacific beyond. Located minutes from the Rosewood Miramar Beach Resort, the Santa Barbara Polo & Racquet Club, and a private airport, Rancho Carioso is the last true beachfront ranch estate in Southern Californiaan irreplaceable legacy property that embodies freedom, privacy, and the timeless spirit of the California coast.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2014
- Lot Size
- 183,388 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 4.0 | 3.0 | 74% |
| Square foot | 2,514 | 1,603 | 83% |
| Lot Size | 183,388 | 6,534 | 86% |
| Price | $48.98M | $1.70M | 98% |
| Price per sq ft | $19.5K | $1.0K | 98% |
| Built year | 2014 | 1964 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 124 | 183 | 19% |
Pricing History
Listed for Sale
Nov 3, 2025
$48,975,000
Initial Listing
Sold
Aug 1, 2002
$15,000
Public Record































