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350 N Refugio Road, Santa Ynez, CA 93460, Santa Ynez, 93460 - 3 bed, 2 bath

350 N Refugio Road, Santa Ynez, CA 93460 home-pic-0
ACTIVE$4,750,000$2,207/sqft
350 N Refugio Road, Santa Ynez, CA 93460
3Beds
2Baths
2,207Sqft
2,830,093Lot

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 = 2830093, living area = 2207.
Top Cons:
Modest Existing Residence: The 1982-built, 2,207 sq ft home, while functional, may be considered modest in size and age for a 65-acre estate at this price point, potentially requiring significant upgrades or replacement to match the property's overall value.

Compared to the nearby listings

Price:$4.75M vs avg $2.42M (+$2,325,000)86%
Size:2,207 sqft vs avg 2,692 sqft36%
Price/sqft:$2.2K vs avg $73693%

More Insights

Built in 1982 (44 years old).
Condition: The property was built in 1982, making it over 40 years old. While the interior appears well-maintained, the kitchen features dated oak cabinets and countertops, though some appliances are newer stainless steel. Bathrooms also show older vanities and fixtures, with some minor updates like tiled shower surrounds. The overall aesthetic is aged and functional but would benefit from cosmetic updates to meet current styles, aligning with the 'fair' condition criteria.
Year Built
1982
Close
-
List price
$4.75M
Original List price
-
Price/Sqft
$2,152
HOA
$0
Days on market
-
Sold On
-
MLS number
23301161
Home ConditionFair
Features
Excellent View:
Patio
View-

About this home

Dreaming of building your own rural retreat far from the stresses of city living? This stunning 65-acre ranch in the heart of Santa Ynez Valley offers endless possibilities! Whether you envision a world-class vineyard, an equestrian paradise, or a secluded country sanctuary, there's plenty of room to bring any project to life. With panoramic mountain views and the lushly wooded Zanja de Cota Creek bordering the grounds, nature's beauty embraces you at every turn. Overlooking this remarkable estate sits a delightful 3-bedroom, 2-bath abode, spanning approximately 2,200 sq ft. Designed for comfort and functionality, it provides a peaceful haven with ample space for gatherings or quiet moments to soak in the surrounding landscape. Fifty acres of fertile farmland present a rare opportunity for numerous uses. Develop your own grape varietals, honey, olive oil, or other natural products in one of California's most celebrated wine regions. Horse enthusiasts will appreciate the open pastures, ideal for riding, training, or creating a premier stabling facility. Zoned AG-2 and benefiting from the Williamson Act/Ag Preserve, enjoy reduced property taxes alongside its exceptional agrarian potential. Water resources are plentiful, featuring district water with two meters, a 4-inch agricultural meter, and a 1-inch estate meter supporting large-scale farming or livestock. Situated near artisanal wineries, boutique shopping, and renowned restaurants.

A
Allan S. Jones
Listing Agent
Condition Rating
Fair
The property was built in 1982, making it over 40 years old. While the interior appears well-maintained, the kitchen features dated oak cabinets and countertops, though some appliances are newer stainless steel. Bathrooms also show older vanities and fixtures, with some minor updates like tiled shower surrounds. The overall aesthetic is aged and functional but would benefit from cosmetic updates to meet current styles, aligning with the 'fair' condition criteria.
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 = 2830093, living area = 2207.
Vast Development Potential: This 65-acre ranch, with 50 acres of fertile farmland, offers immense potential for developing a world-class vineyard, equestrian facility, or other agricultural ventures.
Exceptional Water Resources: The property boasts plentiful district water, including a 4-inch agricultural meter and a 1-inch estate meter, crucial for supporting large-scale farming or livestock.
Significant Tax Benefits: Zoned AG-2 and benefiting from the Williamson Act/Ag Preserve, the property offers reduced property taxes, enhancing its long-term financial appeal.
Stunning Natural Beauty: Enjoy panoramic mountain views and the lushly wooded Zanja de Cota Creek bordering the grounds, providing a picturesque and serene rural retreat.
Prime Santa Ynez Location: Situated in the heart of Santa Ynez Valley, the property is conveniently near artisanal wineries, boutique shopping, and renowned restaurants.

Cons

Modest Existing Residence: The 1982-built, 2,207 sq ft home, while functional, may be considered modest in size and age for a 65-acre estate at this price point, potentially requiring significant upgrades or replacement to match the property's overall value.
Substantial Development Investment Required: Realizing the full potential of the land, such as establishing a vineyard or equestrian facility, will necessitate significant additional capital investment and planning beyond the initial purchase.
High Maintenance & Operational Demands: Managing a 65-acre property with agricultural potential and extensive water resources implies considerable ongoing maintenance, labor, and operational costs for the owner.
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