0 CA HWY 135, Los Alamos, CA 93440, Los Alamos, 93440 - 7 bed, 5 bath
0 CA HWY 135
Los Alamos, CA 93440
Property Price
SUMMARY
Analysis of 0 CA HWY 135, Los Alamos, CA 93440 is currently available with a list price of $29,800,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Alamos Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property was built in 1925, making it nearly 100 years old. The listing description explicitly states that 'all existing structures, including a ranch house, two guest cottages, and various barns, require significant remodeling and updates to meet modern standards.' The interior images of the main house show very dated wood paneling, old carpets, and basic light fixtures, indicating a lack of major renovations in many decades. While some guest cottage interiors show slightly more recent updates like LVP flooring and newer paint, the overall condition of the multiple structures, especially the main house, points to a need for substantial repairs and rehabilitation rather than minor updates. No kitchen or bathroom images are provided, but given the age and the explicit need for extensive renovation, these critical areas are highly likely to be in poor, outdated condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 100000000, living area = 2000.
- Expansive Acreage & Panoramic Views
A vast 3500-acre legacy ranch offering unparalleled 360-degree panoramic views of valleys, coastline, and mountain ranges, providing exceptional privacy and scenic beauty.
- Prime Location & Accessibility
Strategically located minutes from Los Olivos, premier wineries, beaches, and airports, with easy access to Santa Barbara, San Luis Obispo, and a 2-hour drive to Los Angeles.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
All existing structures, including the 1925 ranch house, two guest cottages, and various barns, require significant remodeling and updates to meet modern standards.
- High Capital Investment
The substantial list price of $29.8 million, coupled with anticipated renovation costs, necessitates a significant capital outlay, limiting the potential buyer pool.
- Complex Management & Maintenance
Managing a 3500-acre property with multiple structures, agricultural operations, and extensive land requires considerable ongoing resources, expertise, and operational costs.
About 0 CA HWY 135
New Price on this legacy ranch property in Los Alamos. Discover 360-degree panoramic views into space & endless possibilities from the top of this expansive 3500 Acre ranch property in Santa Barbara County, only minutes to Los Olivos, beaches, premier wineries & airports. The Carrari Ranch in Los Alamos spans two miles of Highway 135 frontage beginning just at the edge of town. It extends three miles to the West over the mountain range along Drum Canyon. Fulfill big dreams of visiting & living in the Santa Barbara area for the beautiful climate, beaches & to enjoy the famous food & wine culture. Venture to the top of the ranch to discover dramatic city views of the Lompoc, Santa Maria & Santa Ynez Valleys, the coastline & local mountain ranges. You can see it all! Visit the private campsite for outdoor county fun including hiking, biking, camping & hunting. This ranch is your ideal outdoor playground destination. Bring the kids and the horses. Consider accomplishing some true grit by remodeling several cool structures include a ranch house, two guest cottages, a tractor barn for equipment & multiple vehicles, a warehouse, carriage barn & a hay/horse/livestock barn with tack room. Manage the ranch from the centrally located Ranch Office. The entire 3500 acre ranch is divided into four (4) separate parcels of land. About 500 farmable acres are supported by water troughs, multiple wells & extensive irrigation throughout the property. About 40 acres of valley land are unplanted & could be used for organic farming. Portions of the ranch are currently leased for farming operations & cattle. The property is zoned AG-II-100, ideal for your own amazing ranch, vineyard, ag enterprise, cattle grazing & equestrian adventures. Featuring spectacular views, rolling hills with majestic oaks, miles of roads & trails over & around the property plus options for additional view homesites. Plan your updates to all of the existing structures, main house, 2 guest cottages and the office/barn plus more, to create a remarkable Santa Barbara Lifestyle property. The ranch is located halfway between Santa Barbara & San Luis Obispo with easy access from local highways & airports. Become a local in this hip popular town of Los Alamos. Arrive anywhere in the Santa Ynez Valley, Los Olivos, Lompoc & beautiful beaches in minutes. Just a quick 2-hour drive to the Los Angeles area. Contact the listing agents to schedule a private tour and for additional details on this incredible opportunity
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 100,000,000 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 89% |
| Baths | 5.0 | 2.0 | 89% |
| Square foot | 2,000 | 1,980 | 56% |
| Lot Size | 100,000,000 | 10,019 | 89% |
| Price | $29.80M | $879.0K | 89% |
| Price per sq ft | $14.9K | $420 | 89% |
| Built year | 1925 | 1997 | 11% |
| HOA | $0 | $50 | 44% |
| Days on market | 518 | 220 | 89% |
Pricing History
Listed for Sale
Oct 5, 2024
$29,800,000
Initial Listing