Concierge Auctions announced today that the reserve has been met and bidding is officially open at $20M for Rancho Cariñoso, an extraordinary oceanfront ranch estate spanning approximately 4.2 acres along prestigious Padaro Lane in Santa Barbara County’s seaside city of Carpinteria. Listed for $17.7 million in cooperation with Barron and Tessa Hilton of Compass California, the estate offers nearly an acre of private beach, including direct access to the legendary Loon Point surf break, and an unmatched combination of equestrian, recreational, and waterfront amenities seldom found on a single property. Bidding will culminate 17 September via the firm's online marketplace, conciergeauctions.com.
“Beachfront ranch estates of this scale simply don’t come to market on the California coast anymore– and when they do, it’s time to take notice,” said Chad Roffers, CEO and Co-Founder of Concierge Auctions. “With the reserve met and bidding now open, we’re entering the most competitive stage of the process, and expect the final result will reflect what Rancho Cariñoso truly represents: a once-in-a-generation coastal offering.”
“Rancho Cariñoso is the kind of property that doesn’t need much explaining – buyers who know this coastline understand immediately what it means to find four oceanfront acres on Padaro Lane,” said Barron Hilton. “What makes it especially compelling is everything contained within those acres: direct beach and equestrian access, extraordinary privacy, and a lifestyle that is increasingly difficult to replicate anywhere along the California coast. Working with Concierge Auctions has allowed us to introduce that opportunity to an expanded global audience, and the response throughout the process has been exactly what we hoped for. We’re excited to see where competitive bidding takes it from here.”
The estate’s 4.2-acre setting offers an exceptional coastal lifestyle, with a private equestrian trail leading directly to the beach, offshore yacht anchorage, jet ski and kayak access, and an ATV trail to a private beach cabana. Avocado and citrus groves and a private hiking trail frame sweeping views of the Channel Islands and the Santa Ynez coastline. The single-level contemporary residence, completed in 2014, features warm wood flooring, fireplaces in both the living room and primary suite, and expansive gathering spaces, while multiple build-ready sites offer opportunities for a future pool, guest house, or additional amenities.
Rancho Cariñoso sits along the prestigious Padaro Lane in Carpinteria, one of the Central Coast's most coveted and quietly understated enclaves. The property is minutes from Rosewood Miramar Beach Resort, Caruso’s restaurant, and the Santa Barbara Polo & Racquet Club, with downtown Santa Barbara and the wineries of Santa Ynez Valley within easy reach. Santa Barbara Municipal Airport also provides convenient private aviation access.
Images of the property may be viewed HERE with credit to Mike Kelley and Shawn May Photography.
As part of Concierge Auctions' Key For Key® giving program in partnership with Giveback Homes, the closing will result in funding toward new homes built for families in need.
Agents will be compensated according to the terms and conditions of the Listing Agreement. See Auction Terms and Conditions for full details.
For more information, including property details, diligence documents, and more, visit ConciergeAuctions.com or call +1.212.202.2940.