338 Toro Canyon Road, Carpinteria, CA 93013, Carpinteria, 93013 - 5 bed, 10 bath
ACTIVE$23,500,000$7,657/sqft
338 Toro Canyon Road, Carpinteria, CA 93013
5Beds
10Baths
7,657Sqft
353,707Lot
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 = 353707, living area = 7657.
Top Cons:
Significant Price Appreciation: The current list price of $23.5M is a substantial increase from its 2013 sale price of $10.6M, which may require strong market justification to potential buyers.
Compared to the nearby listings
Price:$23.50M vs avg $1.82M (+$21,675,000)97%
Size:7,657 sqft vs avg 1,203 sqft97%
Price/sqft:$3.1K vs avg $59697%
More Insights
Built in 2004 (22 years old).
Condition: Built in 2004, this luxurious Mediterranean estate is 20 years old and falls within the 'Good' category's age range. The property is exceptionally well-maintained, presenting as move-in ready with no immediate renovations required. The main kitchen features high-end, professional-grade stainless steel appliances, custom dark wood cabinetry, and stone countertops, all in excellent condition. Bathrooms are opulent with quality materials like mosaic tiles and custom vanities, reflecting the high-end style of its build era. While the aesthetic is traditional Mediterranean rather than ultra-modern, all components show minimal wear and tear, and major systems appear functional and well within their expected lifespan. The guest apartment kitchen offers a slightly more contemporary feel with stainless steel appliances and lighter wood, indicating potential updates or a different design approach for that space. Overall, the property's condition, quality of finishes, and meticulous upkeep are outstanding for its age.
Year Built
2004
Close
-
List price
$23.5M
Original List price
-
Price/Sqft
$3,069
HOA
$0
Days on market
-
Sold On
-
MLS number
25500645
Home ConditionGood
Features
Excellent View:
Pool
Spa
Patio
View-
About this home
Spread over 10 acres, this romantic, Mediterranean Summerland retreat is just moments from Montecito, Padaro Lane Beach, and the Santa Barbara Polo Club. Home to perfectly framed ocean, island, and mountain views, this private estate features an approx. 8,725-square-foot villa with 4 ensuite bedrooms all on one level. Thoughtfully designed for both formal and casual living, the villa includes a moody library, a screening room, a wine cellar, covered loggias, and an infinity pool with spa. The estate also boasts state-of-the-art equestrian facilities, a charming guest apartment, and hobby vineyardsoffering the ultimate blend of luxury, lifestyle and endless possibilities.
M
Marsha Kotlyar
Listing Agent
Price History
Date
Event
Price
11/07/13
Sold
$10,600,000
03/25/02
Sold
$180,500
Condition Rating
Good
Built in 2004, this luxurious Mediterranean estate is 20 years old and falls within the 'Good' category's age range. The property is exceptionally well-maintained, presenting as move-in ready with no immediate renovations required. The main kitchen features high-end, professional-grade stainless steel appliances, custom dark wood cabinetry, and stone countertops, all in excellent condition. Bathrooms are opulent with quality materials like mosaic tiles and custom vanities, reflecting the high-end style of its build era. While the aesthetic is traditional Mediterranean rather than ultra-modern, all components show minimal wear and tear, and major systems appear functional and well within their expected lifespan. The guest apartment kitchen offers a slightly more contemporary feel with stainless steel appliances and lighter wood, indicating potential updates or a different design approach for that space. Overall, the property's condition, quality of finishes, and meticulous upkeep are outstanding for its age.
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 = 353707, living area = 7657.
Expansive Estate & Privacy: Spread over 10 acres, this private estate offers significant land and seclusion, providing an exclusive retreat.
Luxury Amenities & Features: The villa boasts high-end amenities including a moody library, a screening room, a wine cellar, covered loggias, and an infinity pool with spa, catering to a luxurious lifestyle.
Prime Location & Panoramic Views: Strategically located moments from Montecito, Padaro Lane Beach, and the Santa Barbara Polo Club, offering perfectly framed ocean, island, and mountain views.
Unique Lifestyle Offerings: Features state-of-the-art equestrian facilities, a charming guest apartment, and hobby vineyards, appealing to a diverse range of luxury lifestyle pursuits.
Spacious & Thoughtfully Designed Villa: An approximately 8,725-square-foot villa with 4 ensuite bedrooms all on one level, thoughtfully designed for both formal and casual living.
Cons
Significant Price Appreciation: The current list price of $23.5M is a substantial increase from its 2013 sale price of $10.6M, which may require strong market justification to potential buyers.
Discrepancy in Stated Square Footage: The description's 'approx. 8,725-square-foot villa' differs significantly from the listed 7,657 sqft, potentially causing confusion or misrepresentation regarding the property's size.
Discrepancy in Stated Lot Size: The property is marketed as '10 acres,' but the provided lot_size of 353,707 sqft is closer to 8.12 acres, a notable difference that could impact buyer expectations.