
Santa Ynez, CA 93460
Analysis of 7735 Happy Canyon Road, Santa Ynez, CA 93460 is currently available with a list price of $7,750,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1983, the primary 7,700 sq ft manor is currently a shell 'down to the studs' and remains unfinished, requiring a complete interior rehab of all kitchens, baths, and systems. While the secondary farmhouse is renovated, the main residence's lack of habitability and the age of the infrastructure necessitate significant investment to complete.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 5961622, living area = 7700.
Spanning 136 acres in the prestigious Happy Canyon AVA, the property features 20 level acres ideal for a premium vineyard or polo field, supported by three high-yield wells.
With over 13,000 total square feet across three distinct residences, including a renovated 4,200 sqft farmhouse, the estate offers a rare opportunity for a large-scale family compound.
The 7,700 square-foot main manor remains unfinished, requiring the next owner to commit significant additional capital and time to complete the construction and interior finishes.
Managing 136 acres of ranch land, multiple residences, a private lake, and extensive infrastructure like the motocross track and barn necessitates substantial ongoing operational costs and oversight.
Happy Canyon Retreat offers the rare opportunity to remake an extraordinary legacy estate into your vision. Across 136 ± acres in the esteemed Happy Canyon AVA, the property already possesses an exceptional sense of place and an extraordinary breadth of resources: expansive open land, mature California Heritage Oaks and Sycamores, dramatic mountain backdrops, a private lake, substantial water resources (3 wells w/ potential of 300gpm), multiple residences, and extensive ranch infrastructure. Part of a historic cattle ranch rich in Valley history, it has 3 distinct residences totallng over 13,000 ± square feet allowing for a generational living opportunity. At the center of it all, a 7,700 ± square-foot manor overlooks the lake, with ancient oaks and rolling lawns visible from almost every room. Its architecture has an old world aesthetic with the refined sensibility of an East Coast estate. The residence remains unfinished, leaving its final expression to its next owner. Open patio areas and a modest lap pool are thoughtfully integrated into the space. In addition, a renovated 4200 ± square foot farmhouse, including 6 bedrooms and 6 baths, sits across the lake and features sun lit rooms from walls of glass, soaring ceilings and a comfortable country vibe. The possibilities extend across the acreage. At the forefront of the property is a level ± 20 acres that would lend itself to a regulation polo field or premium vineyard with well above average water resources to support either. The land, water, residences, and existing improvements could support an equestrian estate , working cattle ranch or a private family retreat. The final concept can be designed entirely around the way you want to live. Additional improvements include a 1400 ± square foot manager's residence plus a 40' x 96' working barn supporting ranch operations and storage needs. A professionally designed motocross track has been created at the back of the property and provides high entertainment value for the enthusiast. Riding trails and grazing pastures are established for cattle and horses with unimpeded views of the San Rafael Wilderness. Only 12 minutes from downtown Santa Ynez, this retreat offers ultimate privacy yet easy access to all valley amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 7,700 | 3,000 |
| Lot Size | 5,961,622 | 671,695 |
| Price | $7.75M | $1.72M |
| Price per sq ft | $1.0K | $632 |
| Built year | 1983 | 1979 |
| HOA | $0 | $300 |
| Days on market | 15 | 55 |
Aug 25, 2026
$7,750,000
Initial Listing