NOT LISTED FOR SALE

Estimated Value: $2,344,000 - $3,086,000

2 Beds
2 Baths
1,400 Sq Ft
$1,896/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $2,400,000 $1,714 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $16,462/month

50 Days on Market

Highlights

  • Horse Facilities
  • Barn
  • Spa
  • Los Olivos Elementary School Rated A
  • Stables
  • 19.26 Acre Lot

About This Home

As of February 2024

Welcome to Ballard Hill Ranch, a one-of-a-kind equestrian property in the heart of Los Olivos. Relax and unwind to panoramic views of the Santa Ynez Mountains and your horses grazing in large green pastures. This Beautiful Horse Property Features a +/- 20,000 square foot indoor covered riding arena overlooking vineyard and mountain views. Large enough to set an 8 jump course, the indoor arena is conveniently attached to a 24 stall count Stable with two large tack rooms, two restrooms, a wash rack, and a barn loft with great potential to renovate. The lower mare motel barn features a 17 stall count with optional in and outs. Two building sites with immaculate views have been graded and are ready to build the Los Olivos Farmhouse of your dreams. A charming +/- 1400 Square Foot Modular Residence sits on the Bluff with an inviting Porch/Deck and expansive views of the Santa Ynez Valley. Originally Built by Gene Suiter, father to championship horse cutter Joe Suiter, the iconic red barn at the lower end of the ranch sits next to a large cutting arena graded and waiting for updated footing. A 3rd Arena adjacent to the modular residence has been transformed to a modern camping experience under the stars with Large Eco Tent Yurts. There is maximum potential with rare AG-ll zoning and this +/- 19.26 acre ranch additionally has potential for Vineyard Development in the Ballard Canyon AVA. Come and see this rare opportunity in the heart of Los Olivos.

Last Listed By

Eric Haskell

The Agency License #01866805 Listed on: 10/25/2023

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,747

Year Built

  • Built in 1982

Lot Details

  • 19.26 Acre Lot
  • Partially Fenced Property
  • Property is zoned A-2

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Park or Greenbelt

Interior Spaces

  • 1,400 Sq Ft Home
  • Laminate Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Deck
  • Shed

Additional Features

  • Barn
  • Stables

Community Details

  • Horse Facilities
  • Horses Allowed in Community

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 135-350-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,747

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 1982
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Unit
  • Reso Flooring: Laminate
  • Property Information Year Built2: 1982
  • Property Information Apx # Acres: 19.26
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • View Setting2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • GroundsLandscaping Horse Facility2: Yes
  • Other Buildings Shed: Yes
  • Other Buildings Barn2: Yes
  • Other Buildings Stable2: Yes
  • View Green Belt2: Yes
  • Amenities Horses2: Yes
  • FlrWdw Coverings Laminate2: Yes
  • Laundry In Unit2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • View: Mountain(s), Setting, Green Belt
  • Acres: 19.26
  • Exclusions: Other
  • Exterior Features: Other, Deck, Hot Tub, Horse Facility, Fenced: PRT

Garage/Parking

  • Garage Spaces: 2.0

Schools

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

Lot Info

  • Parcel #: 135-350-003
  • Zoning: A-2
  • Lot Size Sq Ft: 838965.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Dec 19, 2023
Sold by
Moritz Angela Peggy
Bought by
Greyhawk Properties Llc
Seller's Agent
Eric Haskell
The Agency
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,995,000
Sold Price
$2,400,000
Premium/Discount to List
-$595,000
-19.87%
Total Days on Market
50
Views
146
Current Estimated Value
$2,654,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,553
Avg. Annual Appreciation
3.33%

Purchase Details

Closed on
Jan 17, 2019
Sold by
Friedland Templeton Iii G Cresswell and Friedland Templeton Patricia
Bought by
Moritz Angela Peggy

Purchase Details

Closed on
Feb 7, 2013
Sold by
Mcbeth Sandra K
Bought by
Templeton G Cresswell and Templeton Patricia F

Purchase Details

Closed on
May 18, 2007
Sold by
Ballard 154 Llc
Bought by
Templeton G Cresswell and Templeton Patricia Friedland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,435,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 27, 2001
Sold by
Federal Storage Partners Lp
Bought by
Ballard 154 Llc

Purchase Details

Closed on
Oct 5, 2001
Sold by
Suiter Gene
Bought by
Federal Storage Partners Lp

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Greyhawk Properties Llc $2,400,000 Equity Title
Moritz Angela Peggy $1,640,000 Fidelity National Title Co
Templeton G Cresswell $5,000 First American Title
Templeton G Cresswell $2,050,000 First American Title Company
Ballard 154 Llc -- --
Federal Storage Partners Lp -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moritz Angela Peggy $350,000
Previous Owner Moritz Angela Peggy $1,750,000
Previous Owner Moritz Angela Peggy $1,000,000
Previous Owner Moritz Angela P $800,000
Previous Owner Templeton G Cresswell $1,310,000
Previous Owner Templeton G Cresswell $1,435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2024 02/08/24 Sold $2,400,000 -10.9% $1,714 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
11/16/2023 11/16/23 Price Changed $2,695,000 -10.0% $1,925 / Sq Ft
10/25/2023 10/25/23 For Sale $2,995,000 -- $2,139 / 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
2023 $19,747 $1,763,410 $1,072,201 $691,209
2022 $19,112 $1,723,932 $1,051,178 $672,754
2021 $18,825 $1,690,130 $1,030,567 $659,563
2020 $18,581 $1,672,800 $1,020,000 $652,800
2019 $18,210 $1,640,000 $1,000,000 $640,000
2018 $20,679 $1,847,000 $1,274,000 $573,000
2017 $20,797 $1,847,000 $1,274,000 $573,000
2016 $19,587 $1,759,000 $1,213,000 $546,000
2014 $19,885 $1,848,549 $1,458,589 $389,960
Source: Public Records

Agents Affiliated with this Home

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Source: Santa Barbara Multiple Listing Service

MLS Number: 23-3207

Santa Barbara Multiple Listing Service

APN: 135-350-003