3519 Padaro Lane, Carpinteria, CA 93013, Carpinteria, 93013 - 5 bed, 4 bath
ACTIVE$16,950,000$3,013/sqft
3519 Padaro Lane, Carpinteria, CA 93013
5Beds
4Baths
3,013Sqft
16,988Lot
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 = 3013.
Top Cons:
Ultra-Luxury Price Point: The $16.95 million list price places this property in an extremely exclusive market, significantly narrowing the potential buyer pool.
Compared to the nearby listings
Price:$16.95M vs avg $1.82M (+$15,125,000)97%
Size:3,013 sqft vs avg 1,203 sqft90%
Price/sqft:$5.6K vs avg $59697%
More Insights
Built in 1960 (66 years old).
Condition: Despite being built in 1960, the property has been 'transformed from the ground up' with an 'extensive luxury renovation,' as stated in the description and confirmed by the images. The kitchen features modern, high-end integrated appliances, sleek cabinetry, and marble countertops. Bathrooms are spa-like with contemporary vanities, fixtures, and tiling. All visible components, including flooring, lighting, and finishes throughout the home, appear virtually new, reflecting current quality standards and bespoke design with no signs of wear or deferred maintenance.
Year Built
1960
Close
-
List price
$16.95M
Original List price
-
Price/Sqft
$5,626
HOA
$0
Days on market
-
Sold On
-
MLS number
25611683
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 been 'transformed from the ground up' with an 'extensive luxury renovation,' as stated in the description and confirmed by the images. The kitchen features modern, high-end integrated appliances, sleek cabinetry, and marble countertops. Bathrooms are spa-like with contemporary vanities, fixtures, and tiling. All visible components, including flooring, lighting, and finishes throughout the home, appear virtually new, reflecting current quality standards and bespoke design with no signs of wear or deferred maintenance.
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 = 3013.
Exclusive Oceanfront Location: The property is situated on Padaro Lane, one of California's most prestigious stretches of sand, offering direct oceanfront access and proximity to Montecito and Summerland.
Extensive Luxury Renovation: Described as 'magically reimagined' and 'transformed from the ground up,' the estate boasts modern elegance, bespoke finishes, and vaulted ceilings, ensuring a high-end living experience.
Comprehensive Outdoor Amenities: The outdoor spaces feature lush landscaping, multiple firepits, various sitting areas, and a cedar hot tub, creating a private tropical haven for relaxation and entertainment.
Detached Guest House: A detached 2-bedroom guest house provides additional private living space, ideal for visitors, extended family, or potential staff accommodations.
Panoramic Ocean Views & Design: The main house is designed with soaring sea-view windows and a tranquil primary suite featuring a private ocean-view deck, maximizing the stunning coastal vistas.
Cons
Ultra-Luxury Price Point: The $16.95 million list price places this property in an extremely exclusive market, significantly narrowing the potential buyer pool.
Significant Recent Price Increase: The property's list price of $16.95 million represents a substantial increase from its $10 million sale in September 2024, which may lead to buyer scrutiny regarding current market valuation.
Lack of Mentioned Cooling System: For a luxury estate of this caliber and price point, the absence of a specified cooling system (e.g., central air conditioning) in the description could be a perceived drawback for some buyers.