Unveiled at the Geneva Auto Salon of 2005, the Ferrari F430 Spider benefitted from the state-of-the-art aerodynamic simulation techniques used by Scuderia Ferrari, and a new, compact, and lightweight V-8 engine pushing 500 horsepower. The electronic differential (E-Diff) was first developed by the Grand Prix team, and the now-familiar manettino allowed the drive mode and suspension settings to be changed quickly and easily.

This Giallo Modena over natural leather F430 Spider offered here was delivered new to Ferrari of Newport Beach, California in February 2007. At a time when the F1 transmission was beginning to take hold, this car’s original owner specified the conventional six-speed gearbox, which is highly coveted by collectors today. Also of particular note is the extensive use of alligator upholstery accents on the seats, rollbar, and even the sun visors and steering wheel—a staggeringly expensive option that added $154,798 to the car’s base price of about $200,000.

Aside from the standard equipment that included everything from climate control and a full audio system to xenon headlights and a free-flow exhaust, the car was further outfitted with no less than 13 additional options which added yet another $52,000 to the car’s price. These items include such desirable features as color-matched brake calipers for the carbon-ceramic rotors, carbon engine kit, extensive use of carbon fiber throughout, electrically operated Daytona-style seats, and the desirable Scuderia Ferrari shields on the fenders. All told, then, the car’s sticker price was an extraordinary $419,534, making it almost certainly one of the most expensive F430 Spiders to ever leave the factory.

This unique F430 Spider was retained by the original owner until 2009, then indicating just under 300 miles. In 2015, a subsequent owner showed the car at the Ferrari Club of America annual meet in Carmel, California, and the consignor is just the fourth noted custodian of this special example from Maranello.

What was true in the 1950s for Ferrari remains so today: Tremendous desirability is borne from the bespoke design that makes a Ferrari completely and truly custom with unrepeatable rarity. This F430, with its six-speed transmission, unique suite of factory options, and very low indicated mileage, is a prancing horse the likes of which the astute collector is unlikely to see again soon.