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3041 Fairlea Road, SANTA YNEZ, CA 93460, SANTA YNEZ, 93460 - 3 bed, 3 bath

3041 Fairlea Road, SANTA YNEZ, CA 93460 home-pic-0
ACTIVE$2,295,000$1,804/sqft
Est. Value: $2,295,000
%
FairlyEstimate
3041 Fairlea Road, SANTA YNEZ, CA 93460
3Beds
3Baths
1,804Sqft
Lot

Price Vs. Estimate

The estimated value ($2,295,000) is $0 (0%) lower than the list price ($2,295,000). This property may be overpriced.

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 = 38332, living area = 2750.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1804, other record living area = 2750.

Compared to the nearby listings

Price:$2.29M vs avg $2.27M (+$22,500)50%
Size:1,804 sqft vs avg 2,692 sqft29%
Price/sqft:$1.3K vs avg $73686%

More Insights

Built in 1959 (67 years old).
Condition: The property features a beautifully remodeled main house with a modern, high-quality kitchen (stainless steel appliances, large island, rustic brick backsplash) and updated bathrooms (stone tile, modern vanities). The guest suite, added in 2016, is also in excellent, modern condition with a kitchenette and mini-split AC. The barn cabana is similarly updated. Flooring throughout is modern hardwood/laminate. While the original structure dates to 1959, the extensive renovations make it move-in ready with minimal wear. However, the main house lacks central air conditioning, which is noted as a weakness, preventing an 'Excellent' rating despite the high quality of the recent updates.
Year Built
1959
Close
-
List price
$2.29M
Original List price
-
Price/Sqft
$1,272
HOA
$449
Days on market
-
Sold On
-
MLS number
25-2610
Home ConditionGood
Features
View-

About this home

Enjoy this expansive 2,750± sq ft home featuring 3 bedrooms plus an office and 3 bathrooms, or easily close the adjoining doorway to separate it into a main house and a private guest suite. Set on just under an acre, with majestic olive trees, blooming roses and brick pathways, in the desirable Skyline Park neighborhood, this versatile property offers a rare blend of comfort, style, and functionality with multiple living spaces - ideal for multi-generational living, guest accommodations, or creative at-home work spaces. The beautifully remodeled main house, approx. 1,804± sq ft, features 2 bedrooms plus office, 2 bathrooms, and a garage conversion transformed into a spacious family room with bay windows and a cozy woodstove. The kitchen is a true centerpiece, showcasing an expansive.. island with sink and seating for three, complemented by a rustic brick backsplash and quality finishes throughout. The inviting living room features wood-beamed ceilings, a large stone fireplace, and glass French doors that open to the backyard retreat complete with a private pool and spa-perfect for entertaining or unwinding under the stars. A gorgeous addition, completed in 2016 at approx. 900± sq. ft., offers a 1 bedroom, 1 bathroom guest suite with a private entrance, open kitchenette and living area with fireplace, walk-in closet, laundry, and a fenced yard. Follow the ranch-style drive tucked away to the side, back to the barn structure that includes garage parking for 3 cars, an office, and a 1 bedroom, 1 bathroom cabana upstairs spanning approx. 798± sq ft. Outdoors, you'll also find a corral and turnout-great for a horse or 4-H animals, room to garden and parking for all of your recreational vehicles. Located just minutes from Santa Ynez Valley High School, the YMCA and downtown Santa Ynez, this peaceful property benefits from non-metered water at a flat quarterly rate (449) and all the charm of the Skyline Park community.

L
Laura Drammer
Listing Agent

Price History

Date
Event
Price
05/25/95
Sold
$320,000
11/27/12
Sold
$600,000
Condition Rating
Good
The property features a beautifully remodeled main house with a modern, high-quality kitchen (stainless steel appliances, large island, rustic brick backsplash) and updated bathrooms (stone tile, modern vanities). The guest suite, added in 2016, is also in excellent, modern condition with a kitchenette and mini-split AC. The barn cabana is similarly updated. Flooring throughout is modern hardwood/laminate. While the original structure dates to 1959, the extensive renovations make it move-in ready with minimal wear. However, the main house lacks central air conditioning, which is noted as a weakness, preventing an 'Excellent' rating despite the high quality of the recent updates.
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 = 38332, living area = 2750.
Exceptional Versatility & Multi-Generational Living: The property's design allows for easy separation into a main house and a private guest suite, complemented by a separate cabana, offering ideal solutions for multi-generational living, rental income, or dedicated work/hobby spaces.
Extensive Outdoor Amenities & Acreage: Situated on nearly an acre, the property features a private pool, spa, mature landscaping, brick pathways, a corral, and turnout, providing a luxurious outdoor lifestyle and facilities for equestrian or 4-H animals.
Modernized & High-Quality Interiors: The beautifully remodeled main house boasts a centerpiece kitchen with an expansive island and quality finishes, alongside charming details like wood-beamed ceilings and a large stone fireplace, ensuring contemporary comfort.
Comprehensive Outbuildings & Storage: A dedicated barn structure offers 3-car garage parking, an office, and an upstairs 1-bedroom/1-bathroom cabana, plus ample space for recreational vehicle parking, catering to diverse storage and functional needs.
Desirable Location & Unique Water Benefit: Located in the sought-after Skyline Park neighborhood, minutes from local amenities, the property also benefits from non-metered water at a flat quarterly rate, combining convenience with potential cost savings.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1804, other record living area = 2750.
Age of Original Structure & Potential Infrastructure Concerns: While extensively remodeled, the main house dates back to 1959. The description does not explicitly detail updates to all underlying infrastructure, which may warrant further investigation by potential buyers.
High Maintenance Requirements: The expansive nearly one-acre property, featuring multiple structures, a pool, spa, and extensive landscaping, will likely demand significant ongoing time and financial investment for its upkeep.
Lack of Central Air Conditioning: The property description highlights a cozy woodstove but does not mention central air conditioning, which could be a notable comfort consideration during warmer periods in the Santa Ynez climate.
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