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$67,500,000

Beds
3
Baths
3.5
sq ft
2,514

2937 Padaro Ln, Carpinteria, CA 93013

2937 Padaro Ln

Carpinteria, CA 93013

  • 25 days on market
A renowned historical Carpinteria horse ranch sited in a celebrity-studded enclave, Rancho Carinoso is a world-class, legacy property offering boasting an incredible 4.2 acres of oceanfront beauty. This is the last large beach estate on the Southern California coast and sits directly on famous surf break Loon Point, beckoning extraordinary living amidst the sand, sea and sun. A long driveway leads to a motor court surrounded by mature trees, new landscaping and greenery. Inside, the three-bedroom, four-bathroom home spans a single, thoughtfully designed level. A 1000-square-foot detached garage adds ease. This exquisite property is zoned for up to nine horses to be stabled on its grounds. A private trail leads directly to the horse-friendly beach. Enjoy the rare opportunity as the homeowner to ride your horse on the beach down to Santa Claus Lane at any hour of the day, a coveted privilege and treasure as all other riders on the beach must use the public trail under strict time constraints. Dock your yacht conveniently in front of the homesite and tender to shore to the private beach/backyard area. Residents have the ability to keep a hangar of water toys, such as small boats, kayaks etcetera on the beach portion of the property; launch a jet ski from your backyard. Ride small ATVs on the property and trails all the way to the private beach cabana an opportunity that no other home on Padaro Lane or in the area is privy to. Experience world-class lobster diving in the backyard, barbeque on the beach and enjoy views of the Santa Barbara harbor fireworks from the cabana. Explore a private hiking trail on-site, enjoy the fruits of avocado and citrus trees and luxuriate in the spa with direct views of the Channel Islands in the distance. The property provides a drip irrigation system for turnkey landscaping. With multiple building sites on the property, the possibilities for streamlined building are endless. Two structures have already been built, and residents will have the creative opportunity to expand on the two existing structures or build anew. A flat area below the main house is an ideal location for a state-of-the-art pool and pool house. The ideal location lends proximity to the Rosewood Miramar, the Santa Barbara Polo & Racquet Club and a private airport. Rancho Carinoso is nothing short of a wonderland, and all who step foot within its gates are sure to be enchanted and inspired by its magical splendor.

Details

Property type

Single Family Residence

Est. home value

$9,051,071

Lot size

4.21 acres

Price per sq ft

$26,850

Year built

2014

HOA

No

Price History

02/06/2025
CLAW

CLAW #25494313

Listed
$67,500,000
-38.07%
01/24/2024
CRMLS

CRMLS #SR23046175

Removed
$109,000,000
03/20/2023
CRMLS

CRMLS #SR23046175

Listed
$109,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Kelmar Living Trust

Loan start date

February 2024

Original loan amount

$600,000

Est. remaining balance

Not provided

Interest rate

6.95%

Loan type

Building or Construction Loan, 3 year

Seller

Arthur A Cameron Iii

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/03/2025 at 8:40 PM

Listing updated: 02/14/2025 at 5:20 AM

Listed by: Sally Forster Jones, Compass Phone #: (310) 230-5478

MLS: CLAW #25494313

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