450 Lambert Road, CARPINTERIA, CA 93013, CARPINTERIA, 93013 - 6 bed, 7 bath
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CARPINTERIA, CA 93013
This 21-acre coastal estate represents a High-Potential Investment Opportunity, currently listed at a List Price of $12,500,000, which aligns with the $12,500,000 Fair Market Value. While the property maintains a Condition Rating of 4, the existing 3,510 sqft residence offers a significant canvas for a modern legacy estate. Featuring panoramic ocean and mountain views and extensive agricultural infrastructure, this asset is primed for value-add development. This is an ideal acquisition for Luxury Real Estate Developers or High-Net-Worth Owner-Occupants seeking a custom coastal compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 450 Lambert Road Subject | $12,500,000* List Price | 6 | 7 | 3,510 | $3,561 | - |
A 450 Lambert Road Active | $12,500,000 List Price | 6 | 7 | 3,510 | $3,561 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, the property is well-maintained but reflects its original era with dated interior finishes. The living areas feature older wall-to-wall carpeting, 1980s-style wood-paneled ceilings, and vintage light fixtures. While the structure appears sound and functional, the overall aesthetic and lack of recent renovations suggest that the home requires significant cosmetic and functional updates to meet contemporary luxury standards, as evidenced by the listing's mention of proposed plans for a new modern masterpiece.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 941767, living area = 3510.
Spanning 21± private acres, this rare and significant land holding offers unparalleled privacy and space in a highly sought-after coastal enclave near Montecito and Summerland.
The property features breathtaking, unobstructed vistas of the Pacific Ocean and the Santa Ynez Mountains, providing a quintessential and high-value California backdrop.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3510, other record living area = 3377.
Built in 1983, the existing 3,510 sqft home likely requires extensive modern renovations or a complete rebuild to align with the $12.5M luxury price point.
The mature avocado orchards and extensive ranch infrastructure necessitate ongoing maintenance and operational oversight, which may represent a significant commitment for non-agricultural buyers.
Step into the California dream at Live Oaks Ranch — where coastal charm meets rural calm across 21± private acres of panoramic views, rolling meadows & mature orchards. An extraordinary canvas for legacy living, a long oak-lined drive leads to the 3BD/3.5BA main residence w expansive decks capturing ocean & mountain vistas. The original ranch office, barn, and 6-car garage add versatility, while mature avocado trees and a long-standing Montecito Water District agreement provide opportunity. Whether building a modern masterpiece with the proposed plans or crafting your own vision, Live Oaks Ranch is a place to pause, breathe, and imagine what comes next, all while staying connected to the spirit of the CA coast — just moments from Summerland, Carpinteria, & Montecito.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 7.0 | 0.0 |
| Square foot | 3,510 | - |
| Lot Size | 941,767.188 | - |
| Price | $12.50M | $2.02M |
| Price per sq ft | $3.6K | $1.4K |
| Built year | 1983 | 0 |
| HOA | $0 | $0 |
| Days on market | 170 | 66 |
Feb 2, 2026
$12,500,000
Initial Listing
Mar 31, 2021
$9,250,000
Public Record