7735 Happy Canyon Rd , Santa Ynez, CA 93460
$7,750,000
Est. Payment: $42,273.90/mo
7700 Sqft
136.86 Acres
Status: ACTIVE | Days on site: 4
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House Description

Happy Canyon Retreat offers the rare opportunity to remake an extraordinary legacy estate into your vision. Across 136 acres in the esteemed Happy Canyon AVA, the property already possesses an exceptional sense of place and an extraordinary breadth of resources: expansive open land, mature California Heritage Oaks and Sycamores, dramatic mountain backdrops, a private lake, substantial water resources (3 wells w/ potential of 300gpm), multiple residences, and extensive ranch infrastructure. Part of a historic cattle ranch rich in Valley history, it has 3 distinct residences totallng over 13,000 square feet allowing for a generational living opportunity. At the center of it all, a 7,700 square-foot manor overlooks the lake, with ancient oaks and rolling lawns visible from almost every room. Its architecture has an old world aesthetic with the refined sensibility of an East Coast estate. The residence remains unfinished, leaving its final expression to its next owner. Open patio areas and a modest lap pool are thoughtfully integrated into the space. In addition, a renovated 4200 square foot farmhouse, including 6 bedrooms and 6 baths, sits across the lake and features sun lit rooms from walls of glass, soaring ceilings and a comfortable country vibe. The possibilities extend across the acreage. At the forefront of the property is a level 20 acres that would lend itself to a regulation polo field or premium vineyard with well above average water resources to support either. The land, water, residences, and existing improvements could support an equestrian estate , working

Highlights

Listed by Patty Murphy , 805-680-8571 Sotheby's International Realty , 310-724-7000. San Diego County Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
136.86

Year Built

1983

County

Santa Barbara

Neighborhood

Not Applicable(1)

Listing ID

SC26185524

Questions about this listing?

Contact Agent

Interior Features

Appliances:N/K
Air Cond:N/K
Fireplaces:N/K
Water:Agricultural Well,Well

Exterior Features

Garage Capacity:0
Zoning:AG-2
Roof:Slate,Mansard
Others:
  • ▪ Additional:Under Construction
Sewer:Conventional Septic
Principal Interest
$42,274
Taxes
$4,941

Home Price

$7,750,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$1,550,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$42,273.90

Principal

Taxes

Principal Taxes HOA Total
Monthly $42,273.90 $4,940.63 $0.00 $47,214.53
Yearly $507,286.86 $59,287.50 $0.00 $566,574.36
Total $15,218,605.78 $1,778,625.00 $0.00 $16,997,230.78

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Santa Ynez, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-10-04T20:03:50.000Z

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