NOT LISTED FOR SALE

801 E Hwy 246 Solvang, CA 93463

Estimated Value: $8,912,000

4 Beds
3 Baths
2,151 Sq Ft
$4,143/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $4,000,000 $1,860 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $48,350/month

183 Days on Market

Highlights

  • Horse Facilities
  • Barn
  • 77 Acre Lot
  • Jonata Middle School Rated 9+
  • Stables
  • Ranch Style House

About This Home

As of October 2020

This 77+/- acre ranch is home to 'River Edge Farm'; one of California's leading thoroughbred farms. Located within the famous tree lined corridor between Solvang and Buellton, this historic ranch is an existing full scale breeding facility comprised of a 24 stall barn, an 28 stall barn, and a breeding facility comprised of a breeding barn, veterinary lab and offices, 6 stall stallion area, and 6 stall foaling area. Additionally there is a 4 bedroom manager's house, arena, round pen, equipment buildings, and several fenced and irrigated pastures. The property includes a vacant 25+/- acre parcel on the mesa high overlooking the ranch and provides sweeping panorama views of Santa Ynez Mountains and the farm below. This magical spot is destined for an exquisite home site.

Last Agent to Sell the Property

Carey Kendall

Village Properties License #00753349 Listed on: 03/03/2020

Last Buyer's Agent

Jon Ohlgren

Radius Group Commercial R.E. License #01464358

Radius Group Commercial R.E.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 77 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Lawn
  • Property is zoned Other, AG-Preserve

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Farming

  • Barn
  • Barn Office

Horse Facilities and Amenities

  • Farm Equipment
  • Paddocks
  • Groom or Foreman Quarters
  • Stables

Utilities

  • Well

Community Details

  • Horse Facilities
  • Horses Allowed in Community

Listing and Financial Details

  • Assessor Parcel Number 137-250-069

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1977
  • Reso Property Sub Type: Home/Estate
  • ResoSecurityFeatures: Gate:Elec
  • Architectural Style: Ranch
  • Reso Other Structures: Shed(s), Barn(s), Stable(s), Paddock, Work Shop, Foreman's House, Ranch Equipment, Employee Quarters, Ranch Office
  • Property Information Year Built2: 1977
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 77.0
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • GroundsLandscaping Lawn2: Yes
  • Security GateElec: Yes
  • WaterSewer Pvt Well In: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Other Buildings Work Shop2: Yes
  • GroundsLandscaping Horse Facility2: Yes
  • Other Buildings Shed: Yes
  • Other Buildings Barn2: Yes
  • Other Buildings Stable2: Yes
  • Other Buildings Paddock2: Yes
  • Other Buildings Foreman's House: Yes
  • Other Buildings Employee Quarters2: Yes
  • Other Buildings Ranch Office2: Yes
  • Amenities Horses2: Yes
  • Other Buildings Ranch Equipment2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Acres: 77.0
  • Exterior Features: Horse Facility, Lawn, Fenced: PRT

Utilities

  • Water Source: Private

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 137-250-069
  • Zoning: Other, AG-Preserve
  • Lot Size Sq Ft: 3354120.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Oct 12, 2020
Sold by
Wygod Realty Llc
Bought by
Ballard Ranch Llc
Seller's Agent
Carey Kendall
Village Properties
Buyer's Agent
Jon Ohlgren
Radius Group Commercial R.E.
List Price
$4,325,000
Sold Price
$4,000,000
Premium/Discount to List
-$325,000
-7.51%
Current Estimated Value
$8,912,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,912,000
Avg. Annual Appreciation
16.69%

Purchase Details

Closed on
Dec 17, 2013
Sold by
Wygod Martin J
Bought by
Wygod Realty Llc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ballard Ranch Llc $6,000,000 Fidelity National Title Co
Wygod Realty Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $4,000,000 -7.5% $1,860 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $4,325,000 -- $2,011 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,535 $1,984,100 $829,732 $1,154,368
2023 $21,535 $1,315,885 $712,453 $603,432
2022 $14,161 $1,293,375 $701,775 $591,600
2021 $14,011 $1,276,077 $696,077 $580,000
2020 $12,851 $1,172,252 $561,400 $610,852
2019 $12,548 $1,142,102 $543,221 $598,881
2018 $12,259 $1,113,546 $526,402 $587,144
2017 $12,057 $1,092,608 $516,970 $575,638
2016 $11,597 $1,070,727 $506,372 $564,355
2014 $7,475 $686,358 $167,116 $519,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-794

Santa Barbara Multiple Listing Service

APN: 137-250-069