$16,950,000

Estimated payment $90,290/month

Total Views 9,820
5 Beds
4 Baths
3,013 Sq Ft
$5,626 Price per Sq Ft

Highlights

  • Beach Front
  • Property has ocean access
  • Above Ground Spa
  • Ocean View
  • Detached Guest House
  • Primary Bedroom Suite

About This Home

Kick your feet up at this magically reimagined Padaro Lane estate. Transformed from the ground up, this 5BD/4BA oceanfront retreat radiates modern elegance at every turn. Soaring sea-view windows, vaulted ceilings, & bespoke finishes define the main house, where airy interiors flow effortlessly btwn inviting entertaining spaces & intimate rooms for relaxation. The tranquil primary suite embodies coastal luxury w a private ocean-view deck & spa-like bath. The detached 2bd GH offers a peaceful escape, while outdoors, lush landsacping, multiple firepits, sitting areas, and a cedar hot tub create a private tropical haven. Located on one of CAs most prestigious stretches of sand, just moments from Montecito & Summerland, Padaro Lane is the destination you've been searching for.

Listing Agent

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 10/28/2025

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 0.39 Acre Lot
  • Beach Front
  • Gated Home
  • Drip System Landscaping
  • Property is zoned 8-R-1

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Mountain

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,013 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • French Doors
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Sun or Florida Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • 4 Full Bathrooms
  • Double Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Spa
  • Property has ocean access
  • Balcony
  • Deck
  • Open Patio

Additional Homes

  • Detached Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 005-410-015

Home Details

Home Type

Single Family

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3013
  • Lot Acreage: 0.3900
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1960
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Gas
  • Flooring: Tile
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Primary Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Freezer, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 5625.62

Exterior Features

  • Construction: Wood Siding
  • Other Features: High Ceilings (9 Feet+), French Doors, Balcony
  • Other Structures: Other
  • Guest House: Detached
  • Patio: Deck(s), Patio Open, Balcony
  • Pool: No
  • Roof: Metal
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: Coastline, Panoramic, Mountains, Ocean
  • View: Yes
  • Waterfront: Ocean, Beach Front, Beach Access

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Forced Air
  • Security: Gated
  • Sewer: In Street
  • Water: Water District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Drip System
  • Assessor Parcel Number: 005-410-015
  • Lot Location: Beach Access, Beach Front, Ocean Front, Ocean Access
  • Lot Size Area: 16988

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,787 $10,000,000 $8,000,000 $2,000,000
2023 $17,787 $1,517,821 $919,896 $597,925
2022 $17,157 $1,488,060 $901,859 $586,201
2021 $16,766 $1,458,883 $884,176 $574,707
2020 $16,557 $1,443,925 $875,110 $568,815
2019 $16,204 $1,415,613 $857,951 $557,662
2018 $15,917 $1,387,857 $841,129 $546,728
2017 $15,613 $1,360,645 $824,637 $536,008
2016 $15,341 $1,333,967 $808,468 $525,499
2014 $14,292 $1,288,194 $780,727 $507,467
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2025 10/28/25 For Sale $16,950,000 +69.5% $5,626 / Sq Ft
09/27/2024 09/27/24 Sold $10,000,000 -14.9% $5,230 / Sq Ft View Prior Sale
05/30/2024 05/30/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $11,750,000 0.0% $6,145 / Sq Ft
05/17/2024 05/17/24 For Sale $11,750,000 -7.8% $6,145 / Sq Ft
03/16/2024 03/16/24 Off Market $12,750,000 -- --
01/25/2024 01/25/24 Price Changed $12,750,000 -13.6% $6,668 / Sq Ft
10/01/2023 10/01/23 For Sale $14,750,000 -- $7,714 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $10,000,000 Chicago Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Equity Title Company Santa B
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $9,350,000 Construction
Previous Owner $500,000 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 25611683

The MLS

APN: 005-410-015