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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$2,750/sqft
Est. Value: $2,197,576
-4%
AboveEstimate
3041 Fairlea Road, Santa Ynez, CA 93460
3Beds
3Baths
2,750Sqft
38,332.801Lot

Price Vs. Estimate

The estimated value ($2,197,576.145) is $97,423.855 (4%) 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:
Age of Original Construction: While parts are extensively remodeled and added, the original structure dates back to 1959, which may imply older underlying systems (e.g., plumbing, electrical) that could require future attention or upgrades.

Compared to the nearby listings

Price:$2.29M vs avg $2.27M (+$22,500)50%
Size:2,750 sqft vs avg 2,755 sqft50%
Price/sqft:$835 vs avg $73664%

More Insights

Built in 1959 (67 years old).
Condition: Despite the original build year of 1959, the property has undergone extensive and high-quality renovations. The guest suite was a 'gorgeous addition' completed in 2016, and the main house has been 'beautifully remodeled.' The images showcase virtually new kitchens with modern stainless steel appliances, expansive islands, and quality finishes, along with luxurious, updated bathrooms featuring contemporary vanities and tiling. The flooring throughout is modern wood-look, and lighting fixtures are updated. While central AC is not mentioned for the main house, the overall condition of the primary living spaces, including the 2016 addition, aligns with components being new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1959
Close
-
List price
$2.29M
Original List price
-
Price/Sqft
$835
HOA
$449
Days on market
-
Sold On
-
MLS number
V1-31094
Home ConditionExcellent
Features
Good View:
Deck
Pool
Spa
Patio
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
Excellent
Despite the original build year of 1959, the property has undergone extensive and high-quality renovations. The guest suite was a 'gorgeous addition' completed in 2016, and the main house has been 'beautifully remodeled.' The images showcase virtually new kitchens with modern stainless steel appliances, expansive islands, and quality finishes, along with luxurious, updated bathrooms featuring contemporary vanities and tiling. The flooring throughout is modern wood-look, and lighting fixtures are updated. While central AC is not mentioned for the main house, the overall condition of the primary living spaces, including the 2016 addition, aligns with components being new or virtually new, 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 = 38332, living area = 2750.
Exceptional Versatility & Multi-Generational Potential: The property offers highly versatile living arrangements, including a main house, a private guest suite (added in 2016), and an additional cabana with an office, ideal for multi-generational living, rental income, or extensive home-based work.
Extensive Outdoor Lifestyle & Acreage: Situated on just under an acre, the property boasts a private pool, spa, equestrian facilities (corral and turnout), ample gardening space, and dedicated parking for recreational vehicles, catering to diverse outdoor and hobby needs.
Modernized & Well-Maintained Interiors: The main house features beautiful remodels, including a centerpiece kitchen with an expansive island, and the guest suite is a gorgeous, modern addition completed in 2016, ensuring updated comfort and style in key areas.
Cost-Efficient Water Utility: A significant financial benefit is the non-metered water at a flat quarterly rate, offering considerable savings, especially for a property with a pool, spa, and extensive landscaping.
Prime Santa Ynez Location: Located in the desirable Skyline Park neighborhood, the property offers a peaceful setting while being conveniently minutes away from Santa Ynez Valley High School, the YMCA, and downtown Santa Ynez amenities.

Cons

Age of Original Construction: While parts are extensively remodeled and added, the original structure dates back to 1959, which may imply older underlying systems (e.g., plumbing, electrical) that could require future attention or upgrades.
Potential for Higher Maintenance Complexity: The property's extensive features, including multiple living units, a barn, pool, spa, and large landscaped grounds, could lead to higher ongoing maintenance costs and time commitment compared to a simpler residence.
Absence of Central Air Conditioning: The description highlights woodstoves and fireplaces for heating but makes no explicit mention of a central cooling system, which could be a significant comfort concern during warmer months in Santa Ynez.
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