2860 Baseline Avenue, SANTA YNEZ, CA 93460, SANTA YNEZ, 93460 - 5 bed, 5 bath

2860 Baseline Avenue, SANTA YNEZ, CA 93460 home-pic-0
ACTIVE$3,075,000/sqft
2860 Baseline Avenue, SANTA YNEZ, CA 93460
5Beds
5Baths
Sqft
220,413.594Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
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 = 220413, living area = 2953.
Top Cons:
Recent Price Reduction: The property has recently undergone a price reduction from $3.195M to $3.075M, which may signal to buyers that the initial pricing was aggressive or that market interest is softer than anticipated.

Compared to the nearby listings

Price:$3.08M vs avg $2.42M (+$650,000)64%
Size: sqft vs avg 2,692 sqft21%
Price/sqft:$0 vs avg $66521%

More Insights

Built in 1989 (37 years old).
Condition: Despite being built in 1989, the property has undergone a complete and recent overhaul, as explicitly stated in the description ('fully overhauled, reimagined from the ground up with new systems, surfaces, and finishes'). The images confirm a high-end, contemporary renovation throughout, including a chef's kitchen with Thermador appliances, quartzite countertops, and custom cabinetry, and spa-style bathrooms with modern fixtures, freestanding tubs, and stylish tiling. New HVAC and owned solar further support the 'virtually new' condition, meeting current quality standards with no deferred maintenance.
Year Built
1989
Close
-
List price
$3.08M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
25-2999
Home ConditionExcellent
Features
Excellent View:
Deck
Spa
View-

About this home

A design-forward retreat in the heart of the Santa Ynez Valley, this 5± acre Ballard estate captures the essence of California living: open space, natural light, and refined style throughout. Fully overhauled, the property has been reimagined from the ground up with new systems, surfaces, and finishes - delivering a true turnkey experience. The 5 bedroom, 5 bathroom home features wide-plank Spanish oak floors, imported tile and stone, designer lighting, and curated built-ins throughout. At its center is a chef's kitchen wrapped in quartzite, with Thermador appliances, Bosch espresso machine, custom cabinetry, and seamless flow into a vaulted great room with fireplace and full wet bar. Fleetwood sliding doors open to an expansive entertaining deck with outdoor kitchen, built-in spa, and sweeping sunset views. A detached guest suite offers versatility, while the primary wing includes a spa-style bath, walk-in shower, and access to a private outdoor area. Additional features include a new HVAC system, owned solar, and flat, usable acreage ideal for horses, farm animals, vineyards, and future amenities. A turnkey, agriculturally zoned property located just minutes from Ballard School, downtown Los Olivos, world-class restaurants, and the celebrated tasting rooms of Santa Barbara's Wine Country.

J
Joe Ramos
Listing Agent

Price History

Date
Event
Price
02/22/24
Sold
$2,150,000
10/31/23
Sold
$2,050,000
11/01/11
Sold
$985,000
08/10/06
Sold
$1,800,000
Condition Rating
Excellent

Despite being built in 1989, the property has undergone a complete and recent overhaul, as explicitly stated in the description ('fully overhauled, reimagined from the ground up with new systems, surfaces, and finishes'). The images confirm a high-end, contemporary renovation throughout, including a chef's kitchen with Thermador appliances, quartzite countertops, and custom cabinetry, and spa-style bathrooms with modern fixtures, freestanding tubs, and stylish tiling. New HVAC and owned solar further support the 'virtually new' condition, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

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 = 220413, living area = 2953.
Turnkey & Extensive Renovation: The property has been fully overhauled and reimagined from the ground up with new systems, surfaces, and finishes, offering a true turnkey experience for the buyer.
Luxury Finishes & Gourmet Kitchen: Features wide-plank Spanish oak floors, imported tile and stone, designer lighting, curated built-ins, and a chef's kitchen with quartzite, Thermador appliances, and custom cabinetry.
Exceptional Outdoor Living & Views: An expansive entertaining deck with an outdoor kitchen, built-in spa, and sweeping sunset views provides an ideal setting for relaxation and entertaining.
Versatile 5-Acre Agriculturally Zoned Lot: The flat, usable 5± acre, agriculturally zoned parcel is ideal for horses, farm animals, vineyards, or future amenities, offering significant potential and flexibility.
Prime Santa Ynez Valley Location: Located just minutes from Ballard School, downtown Los Olivos, world-class restaurants, and celebrated tasting rooms, offering convenient access to the best of Wine Country.

Cons

Recent Price Reduction: The property has recently undergone a price reduction from $3.195M to $3.075M, which may signal to buyers that the initial pricing was aggressive or that market interest is softer than anticipated.
Significant Price Discrepancy from Recent Sales: The current list price of $3.075M is substantially higher than recent sales in 2023 ($2.05M) and 2024 ($2.15M), potentially leading to buyer scrutiny regarding value despite extensive renovations.
Niche Market Appeal: While the large acreage and agricultural zoning are strengths for specific buyers, they may narrow the overall buyer pool, potentially extending the property's time on the market.
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