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$7,750,000
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Property Description
Rancho Cañada de la Laguna - 148.9± Acres of Prime Agricultural Land An exceptional offering along Highway 246 in Buellton-148.9± acres of flat, fertile farmland spanning both sides of the highway with direct frontage on the Santa Ynez River. Formerly a working dairy farm, this property combines rich agricultural soils, abundant water resources, and historic improvements in a truly irreplaceable location. Water Resources: Two high-volume shallow agricultural wells, two domestic wells, and two reservoirs (approx. 5 ac-ft & 15 ac-ft). Residences: Three homes-4BR/2BA, 3BR/2BA, and 2BR/1BA-plus a classic 100-year-old dairy barn. Land: Nearly all level, highly farmable ground currently cultivated; bordered by the river with a parklike riparian setting. Location: Prime visibility and access along Highway 246, minutes to Buellton and the Santa Ynez Valley wine country. A rare large-scale agricultural holding with strong water, historic charm, and versatile potentialideal for farming, vineyard, equestrian, or estate uses.
Full Property Details
Full Property Details for 1050 W Hwy 246
General
- Price: $7,750,000
- Status: Active
- Type: Single Family
- Source: SBAOR
- MLS ID: 25-3118
- Updated: 8/18/2025
- Added to Site: 152 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Location
- Area: 97 - OUT OF AREA
- County: Santa Barbara
- Cross Streets: HWY 246
School Information
- Elementary School: Other
- Middle School: Other
- High School: Other
Structural Information
- # Buildings: 3
- Square Feet: 2,221
- Year Built: 1961
Lot Features
- Lot Size (Acres): 148.9
- Lot Size (Sq. Ft.): 6,486,084
- Lot Size: 148.9
- Zoning: A-2
Financial Considerations
- Terms: Cash, CTL
Disclosures and Reports
- Property ID: 099-240-078
Listed by Berkshire Hathaway HomeServices California Properties
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Schools
Schools serving 1050 W Hwy 246
School Districts:Buellton Union Elementary School District, Santa Ynez Valley Union High School District
| Name | Grades | Distance |
|---|---|---|
Oak Valley Elementary School, Buellton, CA 595 2nd Street, Buellton, CA 93427 | K-5 | 0.8 mi |
Jonata Middle School 301 2nd Street, Buellton, CA 93427 | 6-8 | 1.3 mi |
Santa Ynez Valley Union High School 2975 E. Highway 246, Santa Ynez, CA 93460 | 9-12 | 6.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1050 W Hwy 246
Date
Details
Price
Change
Source
8/18/2025
Listed
$7,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1050 W Hwy 246
1050 W Hwy 246, Buellton, CA 93427 (MLS# 25-3118) is a Single Family property with 3 bedrooms and 3 full bathrooms. 1050 W Hwy 246 is currently listed for $7,750,000 and was received on August 18, 2025. Want to learn more about 1050 W Hwy 246? Do you have questions about finding other Single Family real estate for sale in Buellton? You can browse all Buellton real estate or contact a Coldwell Banker agent to request more information.

