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$69,995,000

Beds
5
Baths
4.5
sq ft
2,514

2937 Padaro Ln, Carpinteria, CA 93013

2937 Padaro Ln

Carpinteria, CA 93013

  • 7 days on market
Nestled within the exclusive, celebrity-favored enclave of Carpinteria, Rancho Carinoso is a prestigious, legacy property offering 4.221 acres / With over 1 acre of private oceanfront. As the last significant beach estate on Southern California's coast, it boasts direct access to the renowned Loon Point surf break, promising an unparalleled lifestyle surrounded by sand, sea, and sun. A grand driveway leads to a motor court framed by mature trees and lush, newly designed landscaping. The impeccably crafted single-level home features three spacious bedrooms and four bathrooms, perfectly blending comfort and sophistication. A 1,000-square-foot detached garage provides added convenience. Perfect for equestrian enthusiasts, the property can accommodate up to nine horses with private trails leading directly to a horse-friendly beach. As the future owner, you will enjoy the rare privilege of riding along the coast Rancho Carinoso also offers a once in a lifetime development opportunity.

Details

Property type

Single Family Residence

Est. home value

$9,051,071

Lot size

4.21 acres

Price per sq ft

$27,843

Year built

2014

HOA

No

Price History

09/12/2024
CLAW

CLAW #24438089

Listed
$69,995,000
-35.78%
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: 09/19/2024 at 3:05 PM

Listing updated: 09/19/2024 at 1:39 PM

Listed by: Amanda Lhommedieu, Nest Seekers Phone #: (310) 278-8861

MLS: CLAW #24438089

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