338 Toro Canyon Road, Carpinteria, CA 93013, Carpinteria, 93013 - 5 bed, 10 bath

338 Toro Canyon Road, Carpinteria, CA 93013 home-pic-0
ACTIVE$18,500,000$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:
Exclusivity of Price Point: The $18.5 million asking price targets an extremely limited and niche buyer demographic, potentially extending market time.

Compared to the nearby listings

Price:$18.50M vs avg $1.82M (+$16,675,000)97%
Size:7,657 sqft vs avg 1,203 sqft97%
Price/sqft:$2.4K vs avg $59697%

More Insights

Built in 2004 (22 years old).
Condition: Built in 2004, this property is 20 years old, placing it at the upper end of the 'Good' category based on age. The images reveal a meticulously maintained estate with high-end finishes throughout. The main kitchen features custom wood cabinetry, professional-grade built-in appliances, and luxurious flooring, while the guest kitchen is also modern and functional. Bathrooms are expansive and opulent, with custom vanities, intricate tile work, and high-quality fixtures. All major components, including flooring (hardwood, tile, carpet), light fixtures (chandeliers, sconces, recessed), and visible systems, appear to be in excellent condition with minimal wear and tear, requiring no immediate renovations. The overall aesthetic is a timeless Mediterranean style that has aged gracefully, making it move-in ready.
Year Built
2004
Close
-
List price
$18.5M
Original List price
-
Price/Sqft
$2,416
HOA
$0
Days on market
-
Sold On
-
MLS number
25628215
Home ConditionGood
Features
Excellent View:
Pool
Spa
Patio
View-

About this home

Spread across 10 acres with sweeping ocean views, this exceptional ranch estate is the epitome of country chic. Set down a long private driveway, the custom built residence embodies a refined equestrian lifestyle with four ensuite bedrooms and thoughtfully designed living spaces. Offering tremendous privacy, the home includes a library, screening room, wine cellar, great room, and covered terraces that open to an infinity pool and spa.The property features a premier equestrian center with a six stall barn, guest apartment, hobby vineyards, and dual gated access. With abundant space for training and agricultural pursuits, miles of nearby trail riding, or the creation of a world class polo estate, this is a special opportunity where classic Mediterranean elegance meets elevated equestrian style, offering endless possibilities in one of the area's most coveted coastal settings.

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 property is 20 years old, placing it at the upper end of the 'Good' category based on age. The images reveal a meticulously maintained estate with high-end finishes throughout. The main kitchen features custom wood cabinetry, professional-grade built-in appliances, and luxurious flooring, while the guest kitchen is also modern and functional. Bathrooms are expansive and opulent, with custom vanities, intricate tile work, and high-quality fixtures. All major components, including flooring (hardwood, tile, carpet), light fixtures (chandeliers, sconces, recessed), and visible systems, appear to be in excellent condition with minimal wear and tear, requiring no immediate renovations. The overall aesthetic is a timeless Mediterranean style that has aged gracefully, making it move-in ready.
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 Acreage & Privacy: The property spans 10 acres, offering exceptional privacy and a secluded ranch estate experience, accessed via a long private driveway.
Sweeping Ocean Views: Enjoy breathtaking sweeping ocean views, enhancing the property's aesthetic appeal and value in a coveted coastal setting.
Luxury Amenities & Features: The custom-built residence boasts a library, screening room, wine cellar, great room, infinity pool, spa, and covered terraces, providing a luxurious lifestyle.
Premier Equestrian Facilities: Features a premier equestrian center with a six-stall barn, guest apartment, hobby vineyards, and dual gated access, ideal for an equestrian lifestyle or agricultural pursuits.
Architectural Elegance & Modern Build: Embodying classic Mediterranean elegance and elevated equestrian style, the custom-built residence was constructed in 2004, offering modern design and quality.

Cons

Exclusivity of Price Point: The $18.5 million asking price targets an extremely limited and niche buyer demographic, potentially extending market time.
Niche Market Appeal: The extensive equestrian facilities and ranch estate style cater to a very specific lifestyle, which may narrow the pool of potential buyers significantly.
High Maintenance & Operational Costs: A 10-acre property with a large custom home, equestrian center, vineyards, pool, and spa implies substantial ongoing maintenance, staffing, and utility expenses.
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