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.
This beachfront property is well-maintained and move-in ready, but its condition falls into the 'fair' category based on the provided criteria. The last major renovation and expansion occurred in 1993, which is over 30 years ago. While the architectural design is classic, the interior finishes—including the wood paneling, older carpeting, and 90s-era fixtures—show signs of being outdated. To meet modern luxury standards for its price point, the home would require significant cosmetic and system updates.
The property boasts approximately 51 feet of direct ocean frontage on the prestigious Padaro Lane, offering rare 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,' this home offers a unique blend of classic coastal charm and recognized design excellence.
The residence provides spectacular panoramic views of the harbor, islands, and mountains, highlighted by a striking two-story primary suite addition and an expansive oceanside terrace.
With the last major renovation occurring in 1993, the interior finishes and core systems may require significant updates to meet modern luxury standards and buyer preferences.
At a listing price of $11.5 million for 2,135 square feet, the property commands an extremely high price per square foot, which may limit the pool of value-driven buyers.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 51% |
| Square foot | 2,135 | 1,618 | 73% |
| Lot Size | 7,405 | 6,969 | 54% |
| Price | $11.50M | $1.68M | 95% |
| Price per sq ft | $5.4K | $1.2K | 97% |
| Built year | 1947 | 1964 | 22% |
| HOA | $400 | $0 | 86% |
| Days on market | 183 | 196 | 43% |
Apr 10, 2026
$11,500,000
$12,500,000
-8% Price Drop
Initial Listing
Oct 21, 2025
$12,500,000
Initial Listing