Offered at $1,995,000

805.689.6262
carey@villagesite.com

FEATURED LISTINGS

SANTA YNEZ

SANTA BARBARA/MONTECITO

Welcome to, www.BallardHillRanch.com, a unique equestrian property with vineyard potential in the Santa Ynez Valley town of Los Olivos, California.

It is situated on 20 acres of rolling oak studded hills; encompasses a very rare large indoor riding arena, 2 barns, 2 residences, round pen, an outdoor arena, and irrigated pastures. Great rental income potential. All of this is only a 1/2 hour from Santa Barbara or 2 hours from Los Angeles.

This property offers irreplaceable amenities and unparalled opportunities in the heart of wine country. The property is designed in such a way that the horse facilities are concentrated at one side of the property, well away from the privacy of the residence and the extraordinary view sites where one might build their dream home.

This configuration has enabled the property to earn about $4,500 per month income from the rental of the manager’s residence, part of the larger barn, and partial use of the covered arena; – while still allowing the owners to enjoy the majority of the property and its amenities in privacy.

Due to the area’s strict zoning this is a rare opportunity to own a once in a lifetime property in the heart of the wine country.

 Residences:

Current Main Residence: Up a private drive and at a distance from the barns, the charming 1400 +/-sf. main residence features stunning views from every room and was updated and remodeled in 2008. Of particular note are the large master suite and the open and airy Living Room with vaulted ceilings. A veranda overlooking the Valley runs the length of the home and is perfect for entertaining on summer evenings.

Manager’s Residence: This two bedroom, two bath home also has wonderful views and is located near the upper barn.

Potential New Home Sites: The property has several areas that would be the perfect setting for a grand new home with panoramic 360 degree views.

 Horse Facilities:

Upper Barn & Covered Arena Complex: 24 stall Center Aisle Barn with 12×12 stalls and 10×14 attached runs, rubber mats, auto-waterers, wash rack, two tack rooms, laundry, two restrooms, and two employee apartments. The attached 90 x 200 Covered Arena has sides which can be raised in inclement weather and includes two hot-walkers in addition to the riding area. The rental of part of this facility (with the owner retaining the use of several stalls, a tack room, and the right to use the Covered Arena) and the manager’s residence has earned about $4,500 per month in income. The current tenants would very much like to continue renting.

Lower Barn: 17 stall Center Aisle Barn with 12×20 stalls, rubber mats, auto waterers, tack room.

 Arenas:

Covered Arena: 90 x 200 (approx) under cover, consisting of a 90 x 160 arena and an additional 90 x 40 double hot-walker section. The sides can be raised in inclement weather.

Round Pen: 115 foot Round Pen (approx.) adjacent to the lower barn.

Outdoor Arena: 120 x 175 (approx.) outdoor arena with new footing

 Pastures:

Numerous pastures on 20 acres, fenced and cross fenced with post and board and non-climb fencing. Many pastures have irrigation lines and sprinklers.

 Other Property Amenities:

Hay Storage: Large hay barn and two additional covered hay areas.

Water and Water Reservoir: Property is served by a 2 inch meter from the SY Water District. There is a large Reservoir for water storage and watering arenas and irrigating the pastures and landscaping. Neighboring properties have good producing wells.

Cattle Pens: For cattle for Cutting Horses, Working Cow Horses, Team Penning, etc.

World Class Equine Clinics: The Ranch is minutes away from Alamo Pintado Equine Clinic and Dr. Van Snow’s Santa Lucia Farm.

Employee Housing: In addition there are two apartments for employees; a one bedroom apartment and a studio.

Vineyard Potential: Much of the ranch fronts Ballard Canyon which is prime vineyard territory. The property has extensive water lines in place and ample water.

Offered at $1,995,000

All information provided is deemed reliable, but we do not guarantee it.
We recommend that buyers make their own inquiries.