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$6,250,000

Beds
5
Baths
6.0
sq ft
5,423

560 Ranch Rd, Solvang, CA 93463

560 Ranch Rd

Solvang, CA 93463

  • 584 days on market
    • Price drop $700,000↓
Hidden in the hills between Solvang and the Santa Ynez Mountains on two parcels & APN's of 65 total acres+/-. Through the gated entrance to the 5400+/-sf main residence you enter through the towering front doors to an expansive living-room with cathedral ceilings and extensive windows to the view of the verdant pastures beyond. This home boasts a generous kitchen, temperature controlled wine closet, laundry & mud rooms, spare room with en-suite bath, primary suite with fireplace, spacious closet with custom cabinetry, primary bath with dual sinks, glass shower and soaking tub. There are three additional bedrooms with en-suite baths and walk in closets. Your work stress will disappear when working from the elegant office with marble fireplace, floor to ceiling shelves and a bucolic view. With large center granite island counters, you can create a culinary masterpiece. To the southwest of the home is the 12 stall center aisle barn with a laundry, bath, wash racks, vet area, tack room, kitchen with dining and patio. In addition is an 8 stall covered mare motel with turn outs, competition arena, hay & storage barn, pastures with cover from the elements, areas for eventing space including trails and water feature. Among the barns and workshops is a large triplex which includes a studio, one bedroom and two bedroom unit. Relax and enjoy the Santa Ynez Valley's beauty and privacy all from your own ranch estate.

Details

Property type

Single Family Residence

Est. home value

$7,625,666

Property condition

Updated/Remodeled

Lot size

65.0 acres

Price per sq ft

$1,153

Year built

1979

HOA

No

Price History

10/30/2024
CLAW

CLAW #23271443

Price change
$6,250,000
-10.07%
10/23/2024
CLAW

CLAW #23271443

Pending
$6,950,000
10/08/2024
CLAW

CLAW #23271443

Listed
$6,950,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$3,703,243
Asking price
$6,250,000
Closing costs (~8% of asking)
-$500,000
Est. remaining loan balance
-$2,046,757
Cash to seller
$3,703,243

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

February 2023

Original loan amount

$2,090,000

Est. remaining balance

$2,046,757

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Long Creek Holdings Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 7:30 PM

Listing updated: 12/05/2024 at 2:37 PM

Listed by: Allan S. Jones, Sta. Ynez Valley RE Co. Inc. Phone #: (805) 688-5717

MLS: CLAW #23271443

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