One Of The Top 20 Most Expensive Homes For Sale In The World Just Hit The Market

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Arthur A. Cameron III, the grandson of Beverly Hills oil tycoon Arthur A. Cameron and Hollywood actress Kay Aldridge, listed Rancho Cariñoso for $109 million. Now listed, it is ranked one of the top 20 of the most expensive homes for sale in the world.

Rancho Cariñoso is situated on a beautiful 4.21-acre oceanfront lot in Santa Barbara County. It is the only property in the Padaro Lane bluffs area to have beach access. A 2,500-square-foot home currently sits on the lot, and multiple building sites are available. The possibilities for streamlined building are endless.

Arthur A. Cameron III grew up in multiple homes in both Palm Springs and the Santa Barbara area. “Both my grandfather and father had the keenest eye for remarkable pieces of one-of-a-kind, truly exceptional real estate all over the world," he said.  "But none with quite the special kind of idyllic magic that this property holds. It's truly a once-in-a-lifetime large piece of prime coastal land with unmatched offerings and capabilities on and off the serene Pacific Ocean. An unparalleled place to grow up and live within.”

Rancho Cariñoso is also perfect for equestrian enthusiasts as it is zoned to stable up to nine horses on its grounds. A private horse trail also leads directly to the beach where (unlike other beaches close by) horseback riding is allowed at all hours of the day.

Due to Rancho Cariñoso's proximity to the ocean, it is convenient for yacht owners as they can dock their yachts in front of the property. Residents can experience world-class lobster diving in front of the property as well.

Rancho Cariñoso truly has it all. This ocean oasis and equestrian dream has something for everyone.   "This is a rare, once-in-a-lifetime opportunity," listing agent Sean Matthews emphasizes. "To own a piece of California's iconic coastline and make it your own. This world-class legacy property is unlike any other beachfront estate on the market today."

For more information on this stunning property, please visit the website here.

All Photo Credits: Gavin Cater 

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