
Santa Ynez, CA 93460
This property presents a High-Potential Investment Opportunity with a List Price of $1,275,000, which aligns with the $1,275,000 Fair Market Value. While the home maintains a Condition Rating of 4, the 0.77-acre parcel offers significant Expansion Potential and Equestrian Amenities, including a barn and corral. The residence features Hardwood Floors and Dual Fireplaces, providing a solid foundation for modernization. This is a compelling acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a rural lifestyle with the flexibility to customize a legacy property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1264 N Refugio Subject 3 bd · 2 ba · 1,621 sqft · $832 | $1,275,000 | 3 | 2 | 1,621 | $832 | - |
A 1193 Mustang Drive Active 3 bd · 2 ba · 1,594 sqft · $1,001 · 0.4 mi | $1,595,000 List Price | 3 | 2 | 1,594 | $1,001 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the property is well-maintained but largely in original condition. While the hardwood floors and newer metal roof are assets, the kitchen and living areas feature dated 1960s cabinetry, wood paneling, popcorn ceilings, and vintage appliances that require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33541, living area = 1621.
The property is well-equipped for horse enthusiasts, featuring a functional barn, adjacent corral, and fenced turnout on usable land.
The 0.77-acre parcel is gently contoured and offers significant space for gardening, boutique agriculture, or recreational vehicle parking.
The kitchen retains original cabinetry and finishes from the 1960s, requiring a modern update to meet current market expectations.
At 1,621 square feet, the home's interior living space is relatively small compared to the expansive lot size and price point.
Built in 1963, the property may require investments in older systems or structural updates typical of homes from this era.
A rural retreat with exceptional potential awaits. Thoughtfully positioned on an 0.77 expansive, tree-filled parcel with mature landscaping, the property offers a sense of privacy and calm while welcoming you into a comfortable approximately 1,621 sq ft home with 3 bedrooms and 2 bathrooms. Upon entry, the spacious living room is filled with natural light and framed by tranquil landscape views, with a fireplace serving as a warm and inviting focal point. Hardwood floors flow seamlessly throughout the home, connecting the living room to the dining area and a combined family room featuring a second fireplace and direct access to a charming brick patioan ideal setting for outdoor dining or quiet relaxation. With its privacy and peaceful views, this patio may well become the heart of the home. The kitchen retains the charm of original cabinetry and offers the opportunity for thoughtful updating, with pleasant views of the surrounding landscape and barn. While comfortable for immediate enjoyment, the residence also presents an excellent opportunity for expansion or customization for those wishing to enhance the space. The land itself is a defining featureusable, gently contoured, and well suited for a variety of lifestyle pursuits including gardening or equestrian use (buyer to verify). Positioned toward the rear of the property is a well-situated barn with an adjacent corral and fenced turnout, offering flexibility for a horse or small livestock, along with space for boutique agricultural projects. In addition to the two-car garage, the property provides generous room for recre
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,621 | 2,310.5 |
| Lot Size | 33,541 | 352,618 |
| Price | $1.27M | $1.64M |
| Price per sq ft | $787 | $727 |
| Built year | 1963 | 1971 |
| HOA | $0 | $300 |
| Days on market | 257 | 148 |
Feb 9, 2026
$1,275,000
Initial Listing