3345 Padaro Ln, Montecito, CA 93013
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3345 Padaro Ln Montecito, CA 93013

$23,700,000
  • 3 Beds
  • 3 Baths
  • 2,795 Sq.Ft.
Pending
$23,700,000 Get Pre-Qualified

Map preview of 3345 Padaro Ln, Montecito, CA 93013

Property Overview: 3345 Padaro Ln Montecito, CA has 3 bedrooms, 3 bathrooms, 2,795 living square feet and 21,344 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Paradise on Padaro, treasured for generations, on the market for the first time in over 60 years. Extraordinary opportunity to purchase 3345 Padaro Lane, which INCLUDES TWO HOMES ON TWO PARCELS, 83 feet of ocean front and 2/3 of an acre. The lush landscaping and gates make this property ultra private. Panoramic beach views are absolutely stunning. The ocean front home (parcel 005-400-031) was custom designed in a sophisticated contemporary style. The entry opens to a spectacular living room with soaring ceilings, stunning wood walls and cabinetry, and a wall of glass opening to privately elevated Padaro Beach views. The expansive back patio is sheltered by glass walls and shaded by mature trees. The floor plan is wonderful, with 3 bedrooms,den.including a spacious ocean front primary suite on one level and an ocean view office . There is an attached two car garage. The second home, (parcel 005-400-032) was custom designed to include a guest suite on the garden level, including 2 bedrooms, 1 bath and a kitchenette. Upstairs is a spacious living room, kitchen and large bedroom and bathroom. Ocean views reach the upstairs sleeping porch/lanai. There is an attached 2 car garage and private outdoor lounging space.These homes are sited on arguably the most prime spot on Padaro Beach Cove, with a gorgeous sandy beach and beautiful views up and down the cove. Welcome to Paradise on Padaro!

Listed by Susan Pate | BRE #01130349 | Compass
Co-listed by Mitchell Morehart | BRE #00828316 | Compass
Last checked: 7 minutes ago | Last updated: April 2nd, 2024 | Source CRMLS | DOM: 534
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Home details

Lot Sq. Ft
21,344
HOA Dues
$0/mo
Year built
1984
Garage
2 Car
Property Type:
Single Family Home
Status
Pending
MLS#
22205596
City
Montecito
County
Santa Barbara
Time on Site
571 days

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Property Details for 3345 Padaro Ln

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central, Forced Air
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Guest House, Living Room
Room Information
  • Flooring: Carpet, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
  • Security Features: Automatic Gate
Exterior Features
Exterior Information
  • Other Structures: Guest House
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Auto Driveway Gate, Garage - Two Door
  • Has Attached Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Ocean, Coastline
  • Common Walls: No Common Walls
  • Parcel Number: 005400031
  • Architectural Style: Contemporary
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Schools
School Information
  • High School District: Carpinteria Unified
Location / Neighborhood
Location Information
  • Directions: Exit Highway 101 at Padaro Lane
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Local Montecito Agent

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Sale History for 3345 Padaro Ln

View property's historical transactions
  • April, 2024

  • Apr 1, 2024

    Date

    Pending

    CRMLS: 22205596

    $23,700,000

    Price

  • Oct 4, 2022

    Date

    Active

    CRMLS: 22205596

    $26,500,000

    Price

Tax History for 3345 Padaro Ln

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

3345 Padaro Ln is listed 178.99% higher than the median list price for the city of Montecito which has a median list price of $8,495,000. The median price per/sqft for Montecito is $2,209 and this home is listed at $8479.43 per/sqft which puts the price per square foot 283.86% higher than the median price per square foot for the city of Montecito.

About 3345 Padaro Ln

Detailed summary of property

3345 Padaro Ln is a single family home located in Montecito, CA 93013 and is currently in escrow to be sold. This house offers 3 bedrooms, 3 bathrooms, roughly 2,795 living square feet, and sits on an approximately 21,344 square foot lot. 3345 Padaro Ln was first listed on ArdentRealEstateGroup.com on October 4, 2022. The homeowner is currently asking $23,700,000 and was originally asking $26,500,000. The median priced home in Montecito is $8,495,000 with a median price per square foot of $2,209. Based on Ardent Real Estate Group's Montecito Market Data, this home is listed 178.99% higher than the median priced home. Local competing homes currently for sale include 783 Bel Air Rd, 634 Stone Canyon Rd and 634 Stone Canyon Rd. While the average home in Montecito, CA is selling in 132 days, 3345 Padaro Ln has a days on market of 534 days. There are currently 18 homes for sale in the Montecito real estate market and 17 of them are single family homes while 1 of them are condos and 0 are townhomes. For more information on this home for sale at 3345 Padaro Ln Montecito, CA 93013 contact Ardent Real Estate Group and we will put you in touch with one of our Montecito agents.

Public Facts for 3345 Padaro Ln

Public county record property details
Beds
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Baths
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Year built
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Sq. Ft.
--
Lot Size
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Stories
--
Type
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Pool
--
Spa
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County
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Lot#
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APN
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The source for these homes facts are from public records.

93013 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,950,000
Median List Price/Sq.Ft.
$1,766
Median Sold Price
$973,000
Median Sold Price/Sq.Ft.
$811
Total Inventory
12
Median Sale to List Price %
91.88%
Avg Days on Market
47
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.