1620 Westerly Road, SANTA YNEZ, CA 93460, SANTA YNEZ, 93460 - 8 bed, 14 bath
1620 Westerly Road
SANTA YNEZ, CA 93460
Property Price
SUMMARY
Analysis of 1620 Westerly Road, SANTA YNEZ, CA 93460 is currently available with a list price of $59,500,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
While originally built in 1972, this 20,000 sq. ft. Tuscan Villa has undergone an extensive, high-end renovation designed by Michael S. Smith. The property showcases unparalleled quality with premium materials including custom stone and parquet wood flooring, ornate coffered ceilings, and designer light fixtures. The interior and exterior are in pristine condition with no signs of deferred maintenance, meeting the highest luxury standards for a move-in ready legacy estate.
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 = 8712000, living area = 20081.
- Premier Viticultural Estate
The property features 80± acres of established vineyards within the prestigious Happy Canyon AVA, offering significant agricultural value and a world-class wine country lifestyle.
- Architectural Pedigree
Designed by the world-renowned Michael S. Smith, the 20,000± sq ft Tuscan Villa represents the pinnacle of sophisticated design, craftsmanship, and luxury living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8712000, other record lot size in square feet = 4486680. Living area discrepancy between mls listing and other public or private record. mls listing living area = 20081, other record living area = 19301.
- Substantial Carrying Costs
The maintenance of a 20,000 sq ft residence, 200 acres of land, and active vineyards requires a significant annual budget for staffing, landscaping, and upkeep.
- Operational Complexity
Managing 80 acres of vineyards and equestrian facilities involves complex agricultural and business operations that may exceed the desires of a typical residential buyer.
About 1620 Westerly Road
The crown jewel of the Santa Ynez Valley, and arguably one of the most prestigious estates in all of California, The Westerly Estate is perfectly cradled in the premier Happy Canyon - the area's most lauded viticultural region. Commanding 200± acres with expansive vistas of dramatic mountain ranges, the sophisticated 20k± sq ft Tuscan Villa designed by Michael S. Smith is gracious, grand, and offers unparalleled quality and perfection at every turn. The epitome of luxury living in wine country, with scaled spaces opening to the home's natural surroundings, including a private lake, gardens, pool, equestrian facilities, lighted tennis courts, 80± acres of established vineyards. The property offers the utmost privacy in a serene setting minutes away to world-class restaurants and wineries
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 8,712,000 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 14 (14 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 | 8.0 | 3.5 | 96% |
| Baths | 14.0 | 3.5 | 96% |
| Square foot | 20,081 | 3,083 | 96% |
| Lot Size | 8,712,000 | 204,732.203 | 96% |
| Price | $59.50M | $2.17M | 96% |
| Price per sq ft | $3.0K | $625 | 96% |
| Built year | 1972 | 1988 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 638 | 219 | 73% |
Pricing History
Listed for Sale
Jun 7, 2024
$59,500,000
Initial Listing