2851 Tapadero Road, SOLVANG, CA 93463, SOLVANG, 93463 - 4 bed, 3 bath
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SOLVANG, CA 93463
This Santa Ynez Valley Ranch Estate is a Strong Value Opportunity, listed at $3,695,000—positioned well below the $3,853,790 Fair Market Value by 4%. This valuation gap offers $158,790 in Instant Equity for incoming buyers. Maintaining a Condition Rating of 3, the property features panoramic valley views, a boutique vineyard, and a lighted tennis court across 20 acres. Located in the elite Los Olivos Elementary District, the estate includes a guest house and barn. It is ideal for Owner-Occupants or Lifestyle-Oriented Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2851 Tapadero Road Subject | $3,695,000* List Price | 4 | 3 | 2,499 | $1,542 | - |
A 2750 Latigo Drive Active | $3,895,000 List Price | 3 | 3 | 2,806 | $1,388 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, showing clear evidence of updates that bridge its 1974 construction with modern standards. The kitchen features updated stainless steel appliances, a farmhouse sink, and solid-surface countertops. Bathrooms include modern black hardware and rain shower heads. While some finishes like the cabinetry and tile flooring reflect an older renovation style, the overall condition is high-quality with no immediate repairs needed.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 874249, living area = 2499.
The property is a recreational haven featuring a pool, spa, lighted tennis/basketball court, and a boutique Petite Syrah vineyard, offering a complete ranch lifestyle.
Positioned in the prestigious Ballard Canyon, the home captures sweeping, unobstructed views of the valley and mountains through oversized picture windows and expansive decking.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 6.
Originally built in 1974, the property may require updates to major systems or cosmetic modernizations to align with current luxury market expectations.
The unique loft space is only accessible via a ladder, which limits its functionality and may pose safety or accessibility challenges for some users.
Set within Walking M Ranches along Ballard Canyon, 2851 Tapadero Road captures a peaceful setting framed by sweeping valley and mountain views. Offering 4 bedrooms and 3 bathrooms across approximately 2,499± square feet, the home blends comfort, character, and a front-row seat to the surrounding landscape. The living room sets the tone with wood-beamed ceilings, a striking stone fireplace, and oversized picture windows that showcase the scenery beyond. An inviting formal dining room provides an ideal space for entertaining, while the kitchen pairs classic farmhouse charm,complete with a farmhouse sink and stainless steel appliances, with a breakfast area positioned to take in panoramic views. A relaxed family room features built-in cabinetry and wine storage, perfect for casual... evenings, while a charming loft accessed by ladder offers a cozy retreat or creative hideaway. The primary suite feels serene and private, highlighted by a skylight and wood-beamed ceiling. Outdoor living shines here. An expansive deck overlooks the pool and spa, creating an effortless setting for entertaining or unwinding against the valley backdrop. A lighted tennis/basketball court invites recreation day or night, while a petite guest house and barn overlook the boutique Petite Syrah vineyard, adding to the property's authentic ranch ambiance. Located within the Los Olivos Elementary and Santa Ynez Valley Union High School Districts, this Ballard Canyon property offers a rare blend of views, versatility, and classic Santa Ynez Valley charm.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 58% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,499 | 2,226 | 61% |
| Lot Size | 874,249.188 | 16,988.5 | 97% |
| Price | $3.69M | $1.29M | 94% |
| Price per sq ft | $1.5K | $652 | 94% |
| Built year | 1974 | 1980 | 33% |
| HOA | $375 | $0 | 92% |
| Days on market | 75 | 245 | 6% |
Feb 6, 2026
$3,695,000
Initial Listing
Sep 26, 2003
$1,450,000
Public Record
Sep 30, 1997
$585,000
Public Record