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$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:
Modest Primary Residence Size: The main residence, at 2,514 sq ft with 3 bedrooms, may be considered modest in scale for an estate of this acreage and price point, potentially requiring further investment for expansion.

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: Built in 2014, this property is only 10 years old and presents in virtually new condition. The kitchen features high-end, modern stainless steel appliances (e.g., Wolf range), contemporary light wood cabinetry, and granite countertops, all in pristine condition. Hardwood flooring is consistent throughout the main living areas, and the overall aesthetic reflects contemporary elegance with no visible signs of wear, tear, or outdated features. The property meets 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
25614201
Home ConditionExcellent
Features
Excellent View:
Deck
Patio
View-

About this home

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.

B
Barron N. 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, modern stainless steel appliances (e.g., Wolf range), contemporary light wood cabinetry, and granite countertops, all in pristine condition. Hardwood flooring is consistent throughout the main living areas, and the overall aesthetic reflects contemporary elegance with no visible signs of wear, tear, or outdated features. The property meets 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.
Exclusive Oceanfront & Private Beach Access: Features an unparalleled 4.2-acre oceanfront estate with nearly an acre of private beach and direct access to the renowned Loon Point surf break.
Unique Equestrian & Luxury Coastal Lifestyle: Zoned for nine horses with a private trail to the sand, offering rare shoreline riding, complemented by yacht docking, jet ski/kayak launching, and a private beach cabana.
Significant Development & Expansion Potential: Includes multiple build-ready sites for additional structures like a pool, sport court, or guest house, alongside a 1,000 sq ft detached garage.
Prime Location & Unrivaled Privacy: Situated on the coveted Padaro Lane, minutes from luxury amenities, offering exceptional privacy with lush landscapes, private trails, and sweeping ocean/island vistas.
Irreplaceable Legacy Asset: Marketed as 'the last true beachfront ranch estate in Southern California,' representing an irreplaceable, one-of-a-kind legacy property with inherent long-term value.

Cons

Modest Primary Residence Size: The main residence, at 2,514 sq ft with 3 bedrooms, may be considered modest in scale for an estate of this acreage and price point, potentially requiring further investment for expansion.
High Ongoing Operating Costs: The extensive acreage, private beach, equestrian facilities, and luxury amenities will necessitate substantial ongoing maintenance, staffing, and property tax expenses.
Niche Buyer Pool: The property's highly specialized features and ultra-luxury price point target a very specific and limited demographic, which could impact market liquidity.
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