$15,950,000
PENDING $1M PRICE DROP

Estimated payment $96,703/month

Total Views 29,773
5 Beds
4 Baths
3,013 Sq Ft
$5,294 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

Sotheby's International Realty License #01209514 Listed on: 05/01/2026

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 16,988 Sq Ft 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

0.39 Acres

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: 5293.73

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $106,407 $10,200,000 $8,160,000 $2,040,000
2025 $106,407 $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2026 08/07/26 Sold $15,813,013 -0.9% $7,555 / Sq Ft View Prior Sale
05/11/2026 05/11/26 Pending -- -- --
04/30/2026 04/30/26 For Sale $15,950,000 +0.9% $7,621 / Sq Ft
04/28/2026 04/28/26 Off Market $15,813,013 -- --
03/17/2026 03/17/26 Price Changed $15,950,000 -5.9% $7,621 / Sq Ft
10/04/2025 10/04/25 For Sale $16,950,000 +69.5% $8,098 / 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $3,535,000 New Conventional
Open $8,100,000 Construction
Previous Owner $9,350,000 Construction
Previous Owner $524,460 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $467,000 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $400,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Source: The MLS

MLS Number: 25611683

The MLS

APN: 005-410-015

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