3581 Padaro Lane, Carpinteria, CA 93013, Carpinteria, 93013 - 4 bed, 3 bath
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Carpinteria, CA 93013
Analysis of 3581 Padaro Lane, Carpinteria, CA 93013 is currently available with a list price of $11,500,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Carpinteria Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1947 and last underwent a major renovation in 1993 (31 years ago). While the home is well-maintained and functional, the interior—specifically the bathrooms—features dated 1990s-era white square tiling and cabinetry that require cosmetic updates to meet modern standards.
The property features approximately 51 feet of direct beachfront on the prestigious Padaro Lane, complete with private steps to the sand and proximity to Serena's Cove and Loon Point.
Renovated by architect Edward W. Engs and featured in 'California Beach Houses,' the home offers a unique blend of classic cottage charm and a striking two-story primary suite addition.
The open floor plan and glass-enclosed windbreak terrace maximize spectacular panoramic views of the harbor, islands, sunsets, and mountains.
While architecturally significant, the last major renovation occurred in 1993, which may require modern updates to meet the expectations of contemporary luxury buyers.
With 242 days on the market and a recent $1 million price reduction, the property may be facing liquidity challenges or perceived overvaluation relative to current market conditions.
Stunning renovated classic Padaro Lane beach house on approx. 51 feet of beachfront. Spectacular Harbor, Islands & Sunset views. This 4 Bedroom beach house offers an open floor plan with a enclosed glass windbreak terrace at beachside and private gated walk-up courtyard and entry deck. Large oceanside terrace with more than enough room for family and friends and your private steps to the sand, Serena's cove and Loon Point. In 1993, Los Angeles Architect, Edward W. Engs renovated and expanded the original Port Hueneme cottage including a striking 2-story Primary suite addition with ocean and mountain views. The home was published in California Beach Houses, Chronicle Books, 1996.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,135 | - |
| Lot Size | 7,405 | - |
| Price | $11.50M | $2.02M |
| Price per sq ft | $5.4K | $1.4K |
| Built year | 1947 | 0 |
| HOA | $400 | $0 |
| Days on market | 275 | 66 |
Apr 10, 2026
$11,500,000
$12,500,000
-8% Price Drop
Initial Listing
Oct 21, 2025
$12,500,000
Initial Listing