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3280 Via Rancheros Road, SANTA YNEZ, CA 93460, SANTA YNEZ, 93460 - 6 bed, 7 bath

3280 Via Rancheros Road, SANTA YNEZ, CA 93460 home-pic-0
ACTIVE$11,900,000$7,499/sqft
3280 Via Rancheros Road, SANTA YNEZ, CA 93460
6Beds
7Baths
7,499Sqft
1,596,038.375Lot

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 = 1596038, living area = 7499.
Top Cons:
Exclusivity & High Price Point: The $11.9 million list price places this property in a highly exclusive market segment, significantly limiting the pool of potential buyers.

Compared to the nearby listings

Price:$11.90M vs avg $2.42M (+$9,475,000)93%
Size:7,499 sqft vs avg 2,856 sqft93%
Price/sqft:$1.6K vs avg $73686%

More Insights

Built in 1929 (97 years old).
Condition: Despite being built in 1929, the listing explicitly states a 'recent restoration project over the past 2 years' has brought the estate 'back to the height of its glory.' The images confirm this, showcasing a virtually new and high-end kitchen with modern appliances, shaker-style cabinetry, and contemporary lighting. Bathrooms feature freestanding tubs, glass-enclosed showers, and stylish vanities, all appearing recently updated to current luxury standards. Flooring, light fixtures, and overall interior finishes throughout the main residence reflect a meticulous, extensive renovation, aligning perfectly with the 'extensively renovated within 5 years' and 'all components are new or virtually new' criteria for an Excellent score.
Year Built
1929
Close
-
List price
$11.9M
Original List price
-
Price/Sqft
$1,587
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3899
Home ConditionExcellent
Features
Excellent View:
Deck
Pool
Patio
View-

About this home

Rare and fortunate opportunity to purchase one of the most historic homes in the Santa Ynez Valley. Perched high in a grove of 100-year-old Redwoods, ''Palacio del Rio'', formerly the Hacienda for the renowned Juan y Lolita Rancho, is set on approximately 36.6+/- acres and is steeped in Valley history. A recent restoration project over the past 2 years has brought this spectacular estate back to the height of its glory. Designed by Joseph Plunkett and built between 1929-1938, the gracious Hacienda offers a dramatic setting of unparalleled Valley views and beautiful mature landscape with a pool and tennis court. Previously owned by Jimmy Stewart and Dean Martin, the main residence has 6 bedrooms and 6 1/2 bathrooms, plus extensive grand guest quarters across the magnificent courtyard with 4 bedrooms and 2 bathrooms. Additionally, there is a separate 2-bedroom second residence, caretaker's quarters, wine cellar, and 6 car garage. On the lower portion of the property are fenced pastures, an irrigated garden, horse shelters, and a riding arena. There is also a large barn with a tack room, ample storage space, and four stalls. With sweeping views of the Santa Ynez Valley, an incredible location that is close to town, but offers serenity and privacy, this property is truly magnificent and irreplaceable.

C
Carey Kendall
Listing Agent

Price History

Date
Event
Price
06/13/01
Sold
$2,350,000
01/27/22
Sold
$7,980,000
06/30/06
Sold
$5,250,000
Condition Rating
Excellent
Despite being built in 1929, the listing explicitly states a 'recent restoration project over the past 2 years' has brought the estate 'back to the height of its glory.' The images confirm this, showcasing a virtually new and high-end kitchen with modern appliances, shaker-style cabinetry, and contemporary lighting. Bathrooms feature freestanding tubs, glass-enclosed showers, and stylish vanities, all appearing recently updated to current luxury standards. Flooring, light fixtures, and overall interior finishes throughout the main residence reflect a meticulous, extensive renovation, aligning perfectly with the 'extensively renovated within 5 years' and 'all components are new or virtually new' criteria for an Excellent score.
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 = 1596038, living area = 7499.
Historic & Celebrity Pedigree: A rare and historic estate ('Palacio del Rio') designed by Joseph Plunkett, with a rich past including ownership by celebrities like Jimmy Stewart and Dean Martin, offering unique cultural and architectural significance.
Expansive & Private Estate: Sprawling across approximately 36.6 acres, the property provides exceptional privacy, serenity, and mature landscaping, while remaining conveniently close to town.
Comprehensive Amenities & Facilities: The estate boasts a wide array of amenities including a pool, tennis court, wine cellar, 6-car garage, and extensive equestrian facilities with fenced pastures, a riding arena, and a large barn with four stalls.
Multiple Residences & Accommodations: Features a grand 6-bedroom main residence, extensive 4-bedroom guest quarters, and a separate 2-bedroom second residence, offering significant capacity for guests, staff, or multi-generational living.
Panoramic Valley Views & Unique Setting: Perched high within a grove of 100-year-old Redwoods, the property offers unparalleled, sweeping panoramic views of the entire Santa Ynez Valley.

Cons

Exclusivity & High Price Point: The $11.9 million list price places this property in a highly exclusive market segment, significantly limiting the pool of potential buyers.
Ongoing Maintenance & Operational Costs: Despite a recent restoration, a historic estate of this size and age (built 1929) with extensive grounds and multiple structures will likely incur substantial ongoing maintenance, utility, and staffing expenses.
Property Management Complexity: The vast acreage, numerous buildings, and specialized facilities (equestrian, multiple residences) demand complex management and oversight, potentially requiring dedicated professional staff.
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