
CARPINTERIA, CA 93013
This Oceanfront Coastal Estate represents a High-Potential Investment Opportunity, listed at a List Price of $34,500,000, which aligns with its $34,500,000 Fair Market Value. While the property maintains a Condition Rating of 4, the 1986 construction offers a prime canvas for modernization. Featuring unobstructed panoramic ocean views, a separate guest studio, and a massive 101,059 sqft lot, the site provides rare compound expansion potential. This is an ideal acquisition for Ultra-High-Net-Worth Investors or Owner-Occupants seeking a legacy bluff-top property in a prestigious enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3055 A Padaro Lane Subject | $34,500,000* List Price | 4 | 7 | 6,913 | $4,991 | - |
A 3055 A Padaro Lane Active | $34,499,992 List Price | 4 | 7 | 6,913 | $4,991 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, this property is well-maintained but largely reflects its original construction era. While the exterior and grounds are in excellent shape, the interiors feature dated elements such as 1980s-style hexagonal tile flooring, older wood-framed windows, and textured plaster walls. The heavy use of virtual staging in marketing materials and the listing description's suggestion to 'personalize the home' confirm that the interior finishes and systems likely require modernization to meet contemporary luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 101059, living area = 6913.
Situated on the prestigious Padaro Lane, this bluff-top parcel offers unparalleled privacy and sweeping Pacific Ocean views in one of California's most coveted coastal enclaves.
Spanning over 2 acres of oceanfront land, the property provides an expansive footprint and sense of seclusion that is exceptionally rare for high-end coastal real estate.
Built in 1986, the home may require significant capital investment in renovations to bring the interiors up to the contemporary luxury standards expected at this price point.
At a $34.5 million asking price, the property targets an extremely narrow buyer pool, which may result in a longer period on the market.
As a bluff-top property, it is subject to rigorous coastal commission oversight and the long-term maintenance challenges associated with salt air and potential erosion.
Chic and serene coastal living on a private 2± acre oceanfront parcel featuring a light-filled 3-bed main house and separate guest studio. Interiors embrace sweeping views and effortless indoor-outdoor living with terraces, lawns, and mature specimen trees capturing the sea breeze. A rare opportunity to enjoy a relaxed bluff-top lifestyle now, or personalize the home to suit your vision. Offered as a single legal parcel. Seller will consider a combined sale with the adjacent vacant parcel to create a ±4.3-acre oceanfront compound.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 7.0 | 0.0 |
| Square foot | 6,913 | - |
| Lot Size | 101,059.203 | - |
| Price | $34.50M | $2.02M |
| Price per sq ft | $5.0K | $1.4K |
| Built year | 1986 | 0 |
| HOA | $0 | $0 |
| Days on market | 169 | 66 |
Feb 3, 2026
$34,499,999
Initial Listing