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3055 Padaro Lane, Carpinteria, CA 93013

$40.00M4bd · 7ba · 6,913 sqft
Lot 101,059 sqft•Single Family Residence•
Active
•271d on market•MLS# 00-26646903

Property Description

Discover an unparalleled oceanfront oasis on the California coast. Spanning over 4.3 flat, park-like acres on two parcels, this estate boasts a staggering 350-feet of dramatic bluff front overlooking the Pacific. In a world where privacy is scarce, find iconic anonymity here. Bright, beachy interiors grace the 3-bd main house and separate guest studio. Well-proportioned rooms offer sea views and invigorating ocean breezes with wonderful indoor-outdoor living throughout. The lush, organic paradise features sprawling lawns and many historic specimen trees, all nurtured by a private water source. Plans to reimagine the existing home and create a guest house and pool on the second parcel have been thoughtfully crafted and are in final review. Experience chic seaside living like never before!

Features & Amenities

FeeBuilt 1986

Property Details

Land Type
Fee
Year Built
1986
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Forced Air
View
Coastline, Ocean, Panoramic
Flooring
Carpet, Tile, Wood
Roof
Shake
City
Carpinteria
Zip Code
93013
County
Santa Barbara
Listed byVillage Properties, Robert Riskin

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$202,256.71
Principal & Interest
Loan Amount
$31,999,200
Total Interest
$40,813,216
Total Payment Over 30 Years
$72,812,416
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 0 active · 1 closed

3055 Padaro Lane, Carpinteria, CA 93013

Carpinteria · Single Family Residence

$40.00M
Luxury Tier
Beds
4
Baths
7
Sqft
6,913
Lot
2.32 ac
Year
1986
$/Sqft
$5786
Pool: No✓
Spa: No✓
View: city✓

Listed 11.1% below the median closed sale of $45,000,000. Closed comps sold at 76% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $40.00M· $5,786/sqft
Total list price
Closed comps
vs closed median $45.00M
−$5.00M (−11.1%)
Active compsinsufficient comp data
Price per sqft
Closed compsinsufficient comp data
Active compsinsufficient comp data

Closed Properties (1)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
120 Montecito Ranch LaneSummerland200510/07/202612250861,617$59.50M$45.00M$00.767558
Total: 1 · Average12.025.00861,617$45.00M$45.00M$0—75
Median0$45.00M$45.00M
AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.