Padding on div border

Question

I want to put padding on a css border. Pull it inside a div, away from the edge. Is this possible using css (css3 is fine, webkit).

Here is the design.

Answer 1

Instead of borders, you may use outline property:

div{
  height:300px;
  width:500px;
  background-color:lightblue;
  outline:dashed;
  outline-offset:-10px;    
}

http://jsfiddle.net/H7KdA/