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$63 Million California Coastal Estate Comes With An Unexpected Time-Saving Bonus

Admin by Admin
November 15, 2023
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$63 Million California Coastal Estate Comes With An Unexpected Time-Saving Bonus
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A 350-feet of bluff-front website overlooking the Pacific is a scorching commodity within the Southern California … [+] actual property market.

Eric Foote for Village Properties

This lush, gated property on the Southern California shoreline is prepped for a purchaser to unlock its potential.

The flat 4.3-acre property in Carpinteria encompasses not one however two parcels totaling 350 toes of bluff high alongside the Pacific Ocean. The primary incorporates the principle home and visitor studio. The second is a park-like stretch of garden dotted with mature Monterey Cypress timber, their trunks twisted by years of coastal breezes.

Included within the $63 million asking worth are plans to reinforce the principle residence and add a visitor home and swimming pool on the opposite plot. “Having a second parcel presents a really distinctive alternative for extra improvement that may be not possible on a single parcel,” says Jasmine Tennis of Village Properties’ Riskin Partners. “It’s arguably one of many rarest alternatives the coveted shoreline has to supply.”

Having plans already created for 3055 Padaro Lane, provides Riskin Companions’ Sarah Hanacek, “can save a brand new proprietor a number of years of improvement.”

Extentsive landscaping and brickwork create a parklike setting.

JIM BARTSCH for Village Properties

Unique Padaro Lane has lengthy been related to celeb homeowners, together with Ellen DeGeneres, Portia de Rossi, George Lucas, Kevin Costner, Mila Kunis and Ashton Kutcher. President-elect Invoice Clinton stayed on the serene property following his 1992 victory and once more the next 12 months for a household trip.

With such high-profile neighbors and guests, movers and shakers of every kind can get pleasure from a measure of anonymity within the rich group.

Giant home windows at one finish of the vaulted-ceiling nice room body ocean views.

Jim Bartsch for Village Properties

A large red-brick pathway leads previous two seating areas earlier than terminating on the arch-topped entrance door.

Inside, the intense, beach-vibe foremost home options uncovered beam vaulted ceilings, beveled home windows and 5 fireplaces. French doorways off lots of the rooms open to patio house for ease of indoor-outdoor residing.

A bay window, fire and beamed ceiling are amongst options within the eating room.

Jim Bartsch for Village Properties

The grand lobby incorporates a winding staircase. Past is the ocean-view lounge. Among the many residing areas with fireplaces are the formal eating room, household room with built-in bar and eat-in middle island kitchen. A breakfast room sits off the kitchen.

Inside the 6,321-square-foot foremost home are three bedrooms, 4 full loos and a storage loft. The hooked up visitor quarters add one other bed room, full toilet and practically 600 extra sq. toes of residing house atop the three-car storage, which incorporates one in all two half-bathrooms.

The again patio takes in expansive water views.

Jim Bartsch for Village Properties

The grounds, maintained by a personal nicely, embody a sunken barbecue space, meandering paths, placing inexperienced, rose backyard and koi pond. Views take within the Pacific Ocean, sunsets, Channel Islands and Santa Ynez Mountains.

There’s entry to the sand a brief distance away at Loon Level Seashore, which permits horseback driving.

The white-and-blue major suite blends with the distant horizon.

Jim Bartsch for Village Properties

Village Properties’ Riskin Companions Property Group and Sandy Stahl of Sotheby’s Worldwide Realty are the itemizing brokers.

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