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

350 N Refugio Road
Santa Ynez, CA 93460
Property Price
SUMMARY
Analysis of 350 N Refugio Road, Santa Ynez, CA 93460 is currently available with a list price of $4,750,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Santa Ynez Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 350 N Refugio Road
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1982
- Lot Size
- 2,830,093 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 23% |
| Square foot | 2,207 | 2,958 | 27% |
| Lot Size | 2,830,093 | 204,732.203 | 96% |
| Price | $4.75M | $2.17M | 96% |
| Price per sq ft | $2.2K | $625 | 96% |
| Built year | 1982 | 1988 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 935 | 219 | 81% |
Pricing History
Listed for Sale
Aug 15, 2023
$4,750,000
Initial Listing










































