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.
Despite being built in 1972, this property presents as a recently and extensively renovated estate of unparalleled quality. The kitchen features top-of-the-line, integrated professional-grade appliances, custom cabinetry, and high-end finishes, all in pristine condition. Bathrooms are equally luxurious, showcasing exquisite marble, custom vanities, and high-end fixtures. The overall design, materials, and meticulous upkeep throughout the entire 20,000 sq ft Tuscan villa, including hardwood, terracotta, and marble flooring, and sophisticated lighting, indicate a comprehensive, high-quality renovation that meets current luxury standards with no deferred maintenance.
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 = 4486680, living area = 20081.
- Unrivaled Prestige & Scale
Positioned as 'the crown jewel' of the Santa Ynez Valley, this 200-acre estate in the premier Happy Canyon offers unparalleled grandeur and exclusivity, making it one of California's most prestigious properties.
- Exquisite Architectural Design & Quality
The 20,000 sq ft Tuscan Villa, designed by Michael S. Smith, exemplifies sophisticated luxury, featuring gracious, grand spaces and unparalleled quality and perfection throughout.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 20081, other record living area = 19301.
- Exorbitant Price Point
The list price of $59.5 million places this property in an ultra-luxury niche, significantly narrowing the potential buyer pool to an extremely select group of ultra-high-net-worth individuals.
- High Ongoing Maintenance & Operational Costs
An estate of this magnitude, featuring extensive acreage, a large villa, and numerous amenities (lake, vineyards, equestrian facilities), will demand substantial ongoing maintenance, staffing, and operational expenses.
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
- 4,486,680 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 | 4,486,680 | 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