3055 Padaro Lane, Carpinteria, CA 93013, Carpinteria, 93013 - 4 bed, 7 bath
3055 Padaro Lane
Carpinteria, CA 93013
Property Price
SUMMARY
Analysis of 3055 Padaro Lane, Carpinteria, CA 93013 is currently available with a list price of $49,800,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1986, the property is well-maintained but reflects its original era with dated features such as hexagonal tile flooring, Tudor-style architecture, and older wood-framed windows. While the interiors are clean and 'beachy,' the listing's emphasis on 'plans to reimagine' the home and the lack of modern kitchen/bathroom imagery suggest the systems and styles are aged and require updating to meet current luxury standards.
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 = 101059, living area = 6913.
- Premier Coastal Frontage
The estate boasts an extraordinary 350 feet of dramatic bluff frontage on the prestigious Padaro Lane, offering rare scale and unobstructed Pacific Ocean views.
- Significant Development Potential
The property includes two parcels with plans in final review to reimagine the main residence and add a guest house and pool, providing a streamlined path for luxury customization.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6913, other record living area = 6866. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Dated Original Construction
Built in 1986, the existing structures likely require significant modernization or a complete overhaul to align with contemporary ultra-luxury standards.
- Limited Initial Bedroom Count
With only three bedrooms in the main house, the current configuration may be insufficient for large families or high-end entertaining without executing the proposed expansion plans.
About 3055 Padaro Lane
Discover an unparalleled oceanfront oasis on the California coast. Spanning over 4.3 flat, park-like acres on two parcels, this estate boasts a staggering 350-feet of dramatic bluff front overlooking the Pacific. In a world where privacy is scarce, find iconic anonymity here. Bright, beachy interiors grace the 3-bd main house and separate guest studio. Well-proportioned rooms offer sea views and invigorating ocean breezes with wonderful indoor-outdoor living throughout. The lush, organic paradise features sprawling lawns and many historic specimen trees, all nurtured by a private water source. Plans to reimagine the existing home and create a guest house and pool on the second parcel have been thoughtfully crafted and are in final review. Experience chic seaside living like never before!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 101,059 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 7 (7 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 | 4.0 | 4.0 | 50% |
| Baths | 7.0 | 3.0 | 98% |
| Square foot | 6,913 | 1,603 | 98% |
| Lot Size | 101,059 | 6,534 | 86% |
| Price | $49.80M | $1.70M | 98% |
| Price per sq ft | $7.2K | $1.0K | 98% |
| Built year | 1986 | 1964 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 183 | 2% |
Pricing History
Listed for Sale
Feb 4, 2026
$49,800,000
Initial Listing
Sold
Feb 19, 2019
$18,125,000
Public Record