Asking Price: $48,975,000 | ​​​​​​​

Set along the coveted shores of Padaro Lane, Rancho Carioso is a truly one-of-a-kind, approximately 4.2-acre oceanfront sanctuary offering the rare privilege of nearly an acre of private beach and direct access to the legendary Loon Point surf break. Zoned for nine horses, with a private equestrian trail leading directly to the sand, this is one of the only coastal properties in California where you can ride freely along the shoreline at any hour of the day. The property's exceptional coastal lifestyle unfolds effortlesslydock your yacht just offshore and tender in, launch jet skis and kayaks from your backyard, or take an ATV down to your private beach cabana. The single-level 3-bedroom, 3.5-bath residence blends contemporary elegance with coastal serenity, featuring sun-drenched interiors and sweeping ocean views. A 1,000-square-foot detached garage provides flexible utility, while multiple build-ready sites invite possibilities for a pool, sport court, or guest house.Surrounded by avocado and citrus trees, a private hiking trail, and a fully irrigated landscape, the estate enjoys endless vistas of the Channel Islands and the Pacific beyond. Located minutes from the Rosewood Miramar Beach Resort, the Santa Barbara Polo & Racquet Club, and a private airport, Rancho Carioso is the last true beachfront ranch estate in Southern Californiaan irreplaceable legacy property that embodies freedom, privacy, and the timeless spirit of the California coast.