3519 Padaro Lane, CARPINTERIA, CA 93013, CARPINTERIA, 93013 - 5 bed, 4 bath

3519 Padaro Lane, CARPINTERIA, CA 93013 home-pic-0
ACTIVE$16,950,000$2,750/sqft
3519 Padaro Lane, CARPINTERIA, CA 93013
5Beds
4Baths
2,750Sqft
16,988.4Lot

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 = 16988, living area = 2750.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2750, other record living area = 3013.

Compared to the nearby listings

Price:$16.95M vs avg $1.82M (+$15,125,000)97%
Size:2,750 sqft vs avg 1,203 sqft90%
Price/sqft:$6.2K vs avg $59697%

More Insights

Built in 1960 (66 years old).
Condition: Despite being built in 1960, the property has undergone an extensive, 'from the ground up' renovation, as stated in the description and clearly evidenced by the images. The kitchen features sleek, modern flat-panel cabinetry, high-end integrated appliances, and contemporary marble/quartz countertops with stylish brass fixtures. Bathrooms are equally luxurious with modern vanities, fixtures, and large glass showers. All flooring, lighting, and finishes throughout the home are new, high-quality, and reflect current design trends, indicating a recent renovation within the last 5 years. The property shows no signs of deferred maintenance and is in virtually new condition.
Year Built
1960
Close
-
List price
$16.95M
Original List price
-
Price/Sqft
$6,164
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3687
Home ConditionExcellent
Features
Excellent View:
Deck
Spa
View-

About this home

Kick your feet up at this magically reimagined Padaro Lane estate. Transformed from the ground up, this 5BD/4BA oceanfront retreat radiates modern elegance at every turn. Soaring sea-view windows, vaulted ceilings, & bespoke finishes define the main house, where airy interiors flow effortlessly btwn inviting entertaining spaces & intimate rooms for relaxation. The tranquil primary suite embodies coastal luxury w a private ocean-view deck & spa-like bath. The detached 2bd GH offers a peaceful escape, while outdoors, lush landsacping, multiple firepits, sitting areas, and a cedar hot tub create a private tropical haven. Located on one of CAs most prestigious stretches of sand, just moments from Montecito & Summerland, Padaro Lane is the destination you've been searching for.

N
Nancy Kogevinas
Listing Agent

Price History

Date
Event
Price
09/27/24
Sold
$10,000,000
Condition Rating
Excellent

Despite being built in 1960, the property has undergone an extensive, 'from the ground up' renovation, as stated in the description and clearly evidenced by the images. The kitchen features sleek, modern flat-panel cabinetry, high-end integrated appliances, and contemporary marble/quartz countertops with stylish brass fixtures. Bathrooms are equally luxurious with modern vanities, fixtures, and large glass showers. All flooring, lighting, and finishes throughout the home are new, high-quality, and reflect current design trends, indicating a recent renovation within the last 5 years. The property shows no signs of deferred maintenance and is in virtually new condition.
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 = 16988, living area = 2750.
Prime Oceanfront Location: Situated on Padaro Lane, one of California's most prestigious stretches of sand, offering direct oceanfront access and unparalleled coastal living.
Extensive Modern Renovation: The estate has been 'magically reimagined' and 'transformed from the ground up,' radiating modern elegance with bespoke finishes, vaulted ceilings, and soaring sea-view windows.
Luxurious Amenities & Features: Includes a tranquil primary suite with a private ocean-view deck and spa-like bath, lush landscaping, multiple firepits, sitting areas, and a cedar hot tub, creating a private tropical haven.
Detached Guest House: A separate 2-bedroom guest house provides versatile space for visitors, extended family, or potential staff, enhancing privacy and functionality.
Proximity to Desirable Areas: Located just moments from the exclusive communities of Montecito and Summerland, offering convenient access to high-end amenities, dining, and entertainment.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2750, other record living area = 3013.
Significant Price Appreciation: The property was sold for $10,000,000 in September 2024 and is now listed at $16,950,000, representing a substantial price increase in a short period that may require strong market justification.
Original Construction Year: While extensively renovated, the main structure was originally built in 1960, which could lead to buyer inquiries regarding the age of underlying systems or potential long-term maintenance considerations.
Limited Renovation Details: The description highlights a 'transformed from the ground up' renovation but lacks specific details on the scope of work (e.g., new foundation, full system replacements, permitted additions), which high-end buyers often seek.
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