Realkey.ai
RealKey
‪(213) 433-7766‬

828 Ballard Canyon Road, SOLVANG, CA 93463, SOLVANG, 93463 - 6 bed, 7 bath

828 Ballard Canyon Road, SOLVANG, CA 93463 home-pic-0
ACTIVE$4,195,000$3,836/sqft
828 Ballard Canyon Road, SOLVANG, CA 93463
6Beds
7Baths
3,836Sqft
219,542.406Lot

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 = 219542, living area = 3836.
Top Cons:
Age of Construction: Built in 1975, the property is approaching 50 years old, which may imply potential for aging infrastructure (e.g., plumbing, electrical) despite recent updates to the main residence.

Compared to the nearby listings

Price:$4.20M vs avg $1.76M (+$2,435,000)91%
Size:3,836 sqft vs avg 2,242 sqft96%
Price/sqft:$1.1K vs avg $73296%

More Insights

Built in 1975 (51 years old).
Condition: Despite being built in 1975, the property has undergone a meticulous and extensive renovation, as evidenced by the description and high-quality images. The kitchen features modern, high-end stainless steel appliances, contemporary cabinetry, solid surface countertops, and stylish lighting, all appearing virtually new. All bathrooms are luxuriously updated with modern vanities, backlit LED mirrors, contemporary fixtures (including gold and black finishes), new tiling, and glass-enclosed showers, some with freestanding tubs. The flooring throughout the main living areas is new light wood plank, and light fixtures are modern and upscale. The overall aesthetic is fresh, current, and shows no signs of deferred maintenance, aligning perfectly with the 'extensively renovated within 5 years' and 'all components are new or virtually new' criteria for an excellent score.
Year Built
1975
Close
-
List price
$4.2M
Original List price
-
Price/Sqft
$1,094
HOA
$0
Days on market
-
Sold On
-
MLS number
25-4054
Home ConditionExcellent
Features
Good View:
Pool
Patio
View-

About this home

Welcome to Palomino Ranch, an iconic 5-acre gated estate nestled in the prestigious Mesa Hills neighborhood of Solvang. Steeped in heritage, this remarkable property was initially established in the 1970s as a renowned breeding ground for Tennessee Walker Palomino horses—many of which proudly paraded in the legendary Rose Parade for over three decades. Meticulously reimagined for modern living, the primary residence offers four spacious bedrooms and four luxurious bathrooms, including two primary suites designed for ultimate comfort and privacy. Step inside to soaring open truss ceilings and an expansive living room and gourmet kitchen—an ideal setting for entertaining family and friends in style. For the equestrian enthusiast, the estate features a six-stall barn complete with living quarters, perfect for staff or guests. A detached, separate guest house ensures additional privacy for friends. The grounds are a true sanctuary, boasting a professionally designed riding arena, a sparkling pool, an outdoor barbecue area, a tranquil pond, multiple pens and pastures, a three-car garage, and a fruit orchard set amidst five flat, usable acres. Experience the perfect blend of peace and privacy, with the convenience of being just minutes from the vibrant heart of the Santa Ynez Valley. The Palomino Ranch presents a rare opportunity to own a piece of California history, thoughtfully updated for today's discerning buyer, offering timeless elegance, exceptional amenities, and an unparalleled lifestyle.

A
Austin Jones
Listing Agent

Price History

Date
Event
Price
12/31/24
Sold
$2,000,000
11/16/21
Sold
$3,495,000
05/24/18
Sold
$2,450,000
Condition Rating
Excellent
Despite being built in 1975, the property has undergone a meticulous and extensive renovation, as evidenced by the description and high-quality images. The kitchen features modern, high-end stainless steel appliances, contemporary cabinetry, solid surface countertops, and stylish lighting, all appearing virtually new. All bathrooms are luxuriously updated with modern vanities, backlit LED mirrors, contemporary fixtures (including gold and black finishes), new tiling, and glass-enclosed showers, some with freestanding tubs. The flooring throughout the main living areas is new light wood plank, and light fixtures are modern and upscale. The overall aesthetic is fresh, current, and shows no signs of deferred maintenance, 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 = 219542, living area = 3836.
Extensive Equestrian Facilities: A 5-acre estate featuring a six-stall barn with living quarters, a professionally designed riding arena, and multiple pens/pastures, ideal for equestrian enthusiasts.
Multi-Generational Living & Guest Accommodations: Offers a primary residence with two primary suites, separate living quarters in the barn, and a detached guest house, providing ample space and privacy for guests or staff.
Luxuriously Updated Main Residence: The primary home has been 'meticulously reimagined' with modern amenities, soaring open truss ceilings, an expansive living room, and a gourmet kitchen.
Comprehensive Outdoor Amenities: Features a sparkling pool, outdoor barbecue area, tranquil pond, and a fruit orchard, creating a resort-like living experience on expansive grounds.
Prestigious Gated Estate: Located in the desirable Mesa Hills neighborhood of Solvang, offering privacy, security, and a sense of exclusivity, minutes from the Santa Ynez Valley.

Cons

Age of Construction: Built in 1975, the property is approaching 50 years old, which may imply potential for aging infrastructure (e.g., plumbing, electrical) despite recent updates to the main residence.
High Operational & Maintenance Costs: The extensive 5-acre grounds, equestrian facilities, pool, and multiple structures will likely incur significant ongoing costs for maintenance, landscaping, and utilities.
Specialized Market Appeal: The property's strong equestrian focus, while a benefit to some, may narrow the potential buyer pool, potentially impacting market demand and time on market.
Browse Properties by State Browse housing market trends by state