120 Meadowlark Road, SANTA YNEZ, CA 93460, SANTA YNEZ, 93460 - 13 bed, 5 bath
120 Meadowlark Road
SANTA YNEZ, CA 93460
Property Price
SUMMARY
Analysis of 120 Meadowlark Road, SANTA YNEZ, CA 93460 is currently available with a list price of $4,850,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the SANTA YNEZ Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and shows evidence of significant updates despite its 1967 original construction. The kitchen has been modernized with white shaker-style cabinetry, dark stone countertops, and high-end stainless steel appliances. Main living areas feature updated hardwood flooring, vaulted ceilings with exposed beams, and recessed lighting. While some secondary areas like bedrooms retain slightly dated elements such as wallpaper and older carpeting, the overall estate—including the extensive equestrian facilities and guest houses—appears well-maintained and functional without the need for immediate major renovation.
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 = 1386514, living area = 4003.
- Comprehensive Equestrian Infrastructure
The property is a turnkey horse facility featuring multiple barns, a private track, a hot-walker, and 4-rail fenced turnouts, making it ideal for professional or serious hobbyist use.
- Expansive Acreage & River Frontage
Spanning approximately 31 acres with rare Santa Ynez River frontage, the estate offers exceptional privacy, scenic beauty, and significant long-term land value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1386514, other record lot size in square feet = 106286.
- Dated Construction
Built in 1967, the main residence and various outbuildings may require significant modernization or capital improvements to meet contemporary luxury standards.
- Disproportionate Bed-to-Bath Ratio
With 13 bedrooms but only 5 bathrooms across the property, the current configuration may present functional challenges for large groups and suggests a need for plumbing expansions.
About 120 Meadowlark Road
Welcome to this gracious +/-31 acre Meadowlark horse property with enviable Santa Ynez River frontage. Framed by stately oaks, the multi-level main house is an entertainer's dream with game room/bar, formal dining room and spacious casual spaces, zero-entry pool with Baja bench, pool house/gym and large outdoor bbq patio featuring fire pit and sweeping views. Separated from the primary living environs there is a manager's quarters and 3 guest houses. Agriculture and horse facilities include multiple barns, workshop/outbuildings, 4-rail fenced turnouts, pastures, hot-walker, and a private track. A children's area playground and park area, cooled by the shade of heritage sycamores, speaks to past and future recreational and gathering opportunities for all ages.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1967
- Lot Size
- 1,386,514.75 Sq. Ft.
Interior
- Total Bedrooms
- 13
- 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 | 13.0 | 3.5 | 96% |
| Baths | 5.0 | 3.5 | 77% |
| Square foot | 4,003 | 3,083 | 69% |
| Lot Size | 1,386,514.75 | 204,732.203 | 96% |
| Price | $4.85M | $2.17M | 96% |
| Price per sq ft | $1.2K | $625 | 88% |
| Built year | 1967 | 1988 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 701 | 219 | 77% |
Pricing History
Listed for Sale
Apr 5, 2024
$4,850,000
Initial Listing
Sold
Mar 28, 2013
$2,376,000
Public Record