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3325 Figueroa Mountain Road, Los Olivos, CA 93441, Los Olivos, 93441 - 3 bed, 5 bath

3325 Figueroa Mountain Road, Los Olivos, CA 93441 home-pic-0
ACTIVE$9,950,000$5,000/sqft
3325 Figueroa Mountain Road, Los Olivos, CA 93441
3Beds
5Baths
5,000Sqft
7,753,680Lot

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 = 7753680, living area = 5000.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7753680, other record lot size in square feet = 3283552.

Compared to the nearby listings

Price:$9.95M vs avg $1.96M (+$7,995,000)67%
Size:5,000 sqft vs avg 2,458 sqft67%
Price/sqft:$2.0K vs avg $79567%

More Insights

Built in 1997 (29 years old).
Condition: Built in 1997, this property is 27 years old, which typically places it in the 'Fair' category by age alone. However, the main residence exhibits a high level of maintenance and luxurious amenities that elevate its condition to 'Good'. The kitchen features high-end, modern stainless steel appliances (e.g., Sub-Zero style refrigerator, double wall ovens, professional range), granite countertops, and custom wood cabinetry, all appearing in excellent condition. The master bathroom is spacious and well-appointed with a classic clawfoot tub and marble-topped dual vanities. While the overall style is traditional/rustic, the quality of materials and the meticulous upkeep mean that components do not show signs of being outdated or requiring immediate renovation. The property is move-in ready, and its major systems and finishes appear well-maintained with minimal wear and tear, aligning with the 'Good' criteria for overall quality and functionality.
Year Built
1997
Close
-
List price
$9.95M
Original List price
-
Price/Sqft
$1,990
HOA
$0
Days on market
-
Sold On
-
MLS number
V1-33194
Home ConditionGood
Features
Excellent View:
Pool
Spa
Patio
View-

About this home

New offering of 3 parcels, totaling just under 179+/- acres. Rancho Arroyo Perdido | Evergreen Arabians. Ideal for the equestrian enthusiast, vineyard developer, or anyone seeking a large-scale agricultural opportunity, this extraordinary estate in the heart of The Santa Ynez Valley Wine Country offers limitless potential, on 3 legal separate parcels.With over 75+/- acres of usable farmland, the property is well-suited for polo fields, vineyards, organic farming, or orchards--whatever your vision may be. At the center of the estate is a stunning 5,000+/- sq ft main residence blending refined country living with expansive views and luxurious amenities, including a private pool and spa. Additional residences include a charming casita, original 1940s farmhouse, ranch manager's home, and employee apartments, providing ample space for multi-generational living, guests, or staff. For equestrian pursuits, the ranch is equipped with world-class facilities including a 24,000+/- sq ft covered arena, stallion and mare barns, foaling barn with vet suite, breeding building with lab, multiple barns, round pen, presentation arena, horse pool, and hot walker. Dozens of stalls,turnouts, pastures, tack rooms, wash racks, hay storage, and workshop space round out the infrastructure. Private wells and a modern agricultural irrigation system support both residential and farming operations, including active oat, alfalfa, and grass hay fields. Gently rolling acreage, sandstone walls, ponds, glass atrium Greenhouse and a small personal orchard complete the picturesque setting.Whether you're an equestrian professional or a collector of legacy properties, this compound is a once-in-a-generation offering in the heart of Wine Country. Additional 11+/- acre parcel may be available for purchase, more details upon request.

L
Laura Drammer
Listing Agent

Price History

Date
Event
Price
12/18/95
Sold
$3,800,000
Condition Rating
Good
Built in 1997, this property is 27 years old, which typically places it in the 'Fair' category by age alone. However, the main residence exhibits a high level of maintenance and luxurious amenities that elevate its condition to 'Good'. The kitchen features high-end, modern stainless steel appliances (e.g., Sub-Zero style refrigerator, double wall ovens, professional range), granite countertops, and custom wood cabinetry, all appearing in excellent condition. The master bathroom is spacious and well-appointed with a classic clawfoot tub and marble-topped dual vanities. While the overall style is traditional/rustic, the quality of materials and the meticulous upkeep mean that components do not show signs of being outdated or requiring immediate renovation. The property is move-in ready, and its major systems and finishes appear well-maintained with minimal wear and tear, aligning with the 'Good' criteria for overall quality and functionality.
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 = 7753680, living area = 5000.
Expansive & Flexible Land Holdings: Comprising nearly 179 acres across three legal parcels, offering significant land value, subdivision potential, and diverse development opportunities.
Premier Equestrian Infrastructure: Features world-class facilities including a 24,000 sq ft covered arena, multiple specialized barns, a vet suite, horse pool, and extensive turnouts, ideal for professional or serious equestrian enthusiasts.
Strategic Wine Country Location: Situated in the highly desirable Santa Ynez Valley Wine Country (Los Olivos), providing prestige, scenic beauty, and strong potential for vineyard development or agritourism.
Diverse Agricultural Potential: With over 75 acres of usable farmland, supported by private wells and modern irrigation, the property is primed for vineyards, organic farming, orchards, or polo fields, offering significant productive capacity.
Comprehensive Residential Accommodations: Includes a luxurious 5,000 sq ft main residence with high-end amenities, complemented by a casita, historic farmhouse, manager's home, and employee apartments, catering to multi-generational living, guests, or staff.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7753680, other record lot size in square feet = 3283552.
Premium Price Point: The nearly $10 million asking price positions this property within a very exclusive market segment, potentially limiting the pool of prospective buyers.
High Operational & Maintenance Demands: The extensive acreage, multiple structures, and specialized equestrian/agricultural facilities necessitate substantial ongoing investment in maintenance, staffing, and operational costs.
Management Complexity: The scale and multifaceted nature of the estate, encompassing residential, equestrian, and agricultural components, demand considerable management expertise or dedicated resources, which may not appeal to all buyers.
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