3055 Padaro Lane, Carpinteria, CA 93013, Carpinteria, 93013 - 4 bed, 7 bath
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Carpinteria, CA 93013
This Premier Coastal Estate represents a rare acquisition on the prestigious Padaro Lane, listed at $34,499,990. The property is positioned accurately at its $34,499,992 Fair Market Value, offering exceptional price stability in one of California's most exclusive enclaves. Featuring a Condition Rating of 4, the residence provides Panoramic Ocean Views and a 2-acre bluff-top lot with significant Expansion Potential for a 4.3-acre compound. This legacy asset balances immediate coastal luxury with the opportunity for bespoke modernization. It is an ideal match for Visionary Homeowners or Luxury Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3055 Padaro Lane Subject | $34,499,992* List Price | 4 | 7 | 6,913 | $4,991 | - |
A 3055 A Padaro Lane Active | $34,500,000 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, the property is well-maintained but retains many original or dated features, such as hexagonal tile flooring in the breakfast area, older wood-framed windows, and textured plaster walls. While the home is move-in ready and functional, the listing description explicitly suggests the opportunity to 'personalize the home to suit your vision,' which, combined with the 38-year age and lack of recent major renovations shown in the images, places it in the 'fair' category for its price point.
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 property offers a rare 2-acre bluff-top position in one of California's most exclusive and sought-after oceanfront enclaves.
The offering includes a unique opportunity to acquire the adjacent vacant parcel, allowing for the creation of a massive 4.3-acre oceanfront compound.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =101059, other record lot size in square feet = 89298.
Built in 1986, the home may require significant capital investment for updates or a full remodel to align with modern luxury standards and the high list price.
With only three bedrooms in the main house, the current configuration may be insufficient for larger families or buyers seeking a high-capacity estate.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 7.0 | 2.0 | 97% |
| Square foot | 6,913 | 1,618 | 97% |
| Lot Size | 101,059 | 6,969 | 89% |
| Price | $34.50M | $1.68M | 97% |
| Price per sq ft | $5.0K | $1.2K | 97% |
| Built year | 1986 | 1969 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 196 | 8% |
Feb 4, 2026
$34,499,990
Initial Listing
Feb 19, 2019
$18,125,000
Public Record