build your own custom estate home development …€¦ · ynez valley. in january 2012, the owner...

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CALL FOR OFFERS 143 Acres. Vineyard Estate. Build on up to 7 Lots. Endless Possibilities. Last Of Its Kind In The Santa Ynez Valley. Santa Barbara Wine Country OFFERING MEMORANDUM BUILD YOUR OWN CUSTOM ESTATE HOME DEVELOPMENT OPPORTUNITY UNTOUCHED AND PRISTINE SINCE 1908

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Page 1: BUILD YOUR OWN CUSTOM ESTATE HOME DEVELOPMENT …€¦ · Ynez Valley. In January 2012, the Owner filed its application for the subdivision of the property into 7 (seven) 20 acre

CALL FOR OFFERS

143 Acres. Vineyard Estate. Build on up to 7 Lots. Endless Possibilities. Last Of Its Kind In The Santa Ynez Valley.

Santa Barbara Wine Country

O F F E R I N G M E M O R A N D U M

BUILD YOUR OWN CUSTOM ESTATE HOME DEVELOPMENT OPPORTUNITY UNTOUCHED AND PRISTINE

SINCE 1908

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DUE DILIGENCE INDEX

1 PROPERTY OVERVIEW

Offices throughout the United States serving the North American Markets

BRE #01900930 | BOND #0677820

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866.568.6638 BraunCo.com/ZacaPreserve

David Jaffe310.798.3123

[email protected]

SINCE 1908

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WPROPERTY OVERVIEWAdjacent to the 101 Freeway in the Santa Ynez Valley. Located less than 45 miles Northwest of Santa Barbara.1

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WEST VIEWS

NORTH VIEWS

EAST VIEWS

SOUTH VIEWS

Property has gorgeous views in all directions of the Santa Ynez Valley.

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ARTISTS RENDERING OF VINEYARD POTENTIAL AND ORGANIC FARM

BUILD YOUR ESTATE HOME GROW GRAPES HORSE PROPERTY

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WPROPERTY OVERVIEWTHE POTENTIAL DEVELOPMENT VISION

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Santa Barbara

40 miles away from Santa Barbara. Located in the heart of the Santa Ynez Valley and Santa Barbara Wine Country.

20 minutes to Gaviota Beach

Santa Ynez Valley

Los Olivos

Property

Buellton

Solvang

Gaviota Capitan

LOCATION

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In the 1970’s, local rancher and Board Supervisor for Santa Barbara County Willy Chamberlin sponsored an agricultural preservation ordinance which effectively eliminated the possibility that any significant subdivision would be developed in nearly all the rural lands of Santa Barbara County. In the highly esteemed Santa Ynez Valley, this has virtually eliminated any subdivision of County Land, with only a very few infill projects in the local towns of Buellton, Solvang and Santa Ynez.

In 2005 the current owner purchased the property for investment purposes. Shortly thereafter, the Santa Ynez Valley went through a Community Planning Process that lasted until 2011 during which time no applications for development were allowed to be processed. The resulting community plan incorporated the rezoning of this 143 acres and provided for community consensus that this remaining large parcel could be subdivided into 20 acre lots, the highly coveted agricultural “ranchettes” of the Santa Ynez Valley. In January 2012, the Owner filed its application for the subdivision of the property into 7 (seven) 20 acre parcels. Five years later, on April 15, 2017 the Planning Commission formally approved the Subdivision Map. 

HISTORY

Zaca preserve is an untouched, pristine parcel of rolling oak woodlands and grasslands, the only approved and potential ranchette style subdivision located in the Santa Ynez Valley Wine Country of Santa Barbara County, totaling 143 acres and including up to 7 (seven) 20 acre estate ranchette lots.

ZACA PRESERVE

NATIVE GRASSES ARE PREVALENT ON THIS PRISTINE PARCEL

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This gorgeous property of rolling oak woodlands, natural grasslands and coastal scrub habitat is now available as a pristine and untouched natural parcel for the next owner who will have the flexibility to craft a single large estate, or to subdivide the property into 20 acre lots, or any combination thereof. The approved subdivision map has been planned in a way that requires minimal development infrastructure. The parcel will be served by a less than 1/2 mile lane with underground utilities. This access road can provide for private access for the estate owner or community access to the 7 (seven) 20 acre subdivided lots.

The natural resources of the parcel include 2 tested and functioning wells which draw from the Buellton aquifer, known for its estimated 200 year reserve capacity and can support vineyard development or any other agricultural initiatives. Zaca Preserve has expansive developable home sites with its steeper slopes and important native  features such as oak woodlands which are protected as un-developable. Each of the 20 acre lots can be developed with a primary estate residence and secondary residence and can include supporting barns and other agricultural structures as required. 

This property is perfect for either the individual who wants to develop a large estate or who wants to land bank the property with it’s 3 year entitlements, or the developer who wants a subdivision of lots for building custom homes or could just be sold off as lots.  The property has stunning views of the Santa Ynez Valley and its beautiful Mountain ranges. Each building

…there is no other parcel and in all likelihood there will never be another

parcel in the Santa Ynez Valley that provides for 7 distinct 20 acre lots all as part of an

Estate Community.

OVERVIEW

GREAT OPPORTUNITY FOR VINEYARD DEVELOPMENT

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site on each lot has total privacy. The site is easily accessed just off highway 101 with its own frontage road and lies between Buellton to the South, Los Olivos to the North and Solvang to the East. The property is located in the heart of the Santa Ynez Valley. It is 40 minutes from Santa Barbara and less than 2 hours from Los Angeles. The current owner has carried this investment property for over 12 years as it went through an exhaustive entitlement process. Direct costs related to approvals total in excess of $1,000,000.

There are currently only a few 20 acre parcels available for purchase in the Santa Ynez Valley with prices ranging from a low of around $700,000 up to $2 million with an average price of approximately $1.2 million. However, in the Santa Ynez Valley there is no other parcel and in all likelihood there will never be another parcel that provides for 7 distinct 20 acre lots all as part of an Estate Community (See current 20 acre parcel listings).

OVERVIEW CONTINUED…

DIVERSE LANDSCAPE

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WDEVELOP AS A 143-ACRE ESTATE PARCEL, OR UP TO SEVEN 20-ACRE LOTS

THE PARCEL IS FULLY ENTITLED.

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Located in northern Santa Barbara County, California, the  Santa Ynez Valley is just 35 miles from the beaches of Santa Barbara, 125 miles up the coast from Los Angeles and 300 miles south of San Francisco. The region is easily accessible via vehicles on U.S. Highway 101 and State Highways 154 and 246. Private aircraft land at Santa Ynez Airport (IZA).

Santa Ynez Valley is one of five distinct American Viticultural Areas (AVA) in Santa Barbara County’s vast  wine country, and more than 50 varietals thrive in the area’s diverse micro-climates. The unusual east-west orientation of the coastal mountains creates transverse valleys that funnel cool Pacific Ocean air and fog inland during the late afternoon and evening. The resulting hot sunny days and cool nights are a winning combination for both wine grapes and wine tasters. The Oscar-winning 2004 movie Sideways shot on location throughout the area and helped to plant the Santa Ynez Valley firmly on the international wine map.  Most of the 120+ wineries located here are small boutique operations and many

are family-owned and operated. Visitors enjoy the area’s strong rural flavor and tasting world-class wines in an unpretentious, friendly atmosphere where it’s not unusual to end up chatting with the winemaker or owner – either at the winery or in-town tasting rooms.

The picturesque  Santa Ynez Valley  encompasses six communities clustered closely together like wine grapes. From the charming, tiny gem of rural  Ballard, the bustling gateway city of  Buellton, the vintage western town of  Los Alamos, the arts-influenced wine-infused town of Los Olivos and the turn-of-the-20th-century township of Santa Ynez, to the northern European atmosphere of the city of Solvang founded by Danish-Americans in 1911, it’s relaxing and refreshing to meander and experience them all. Just two hours up the coast from Los Angeles, it feels like a world away with endless possibilities.

SANTA YNEZ VALLEY

MARKET OVERVIEW

STUNNING VIEWS OF THE SANTA YNEZ MOUNTAINS

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COMPARABLE LOTS AND LOT SALESThere are currently 9, 20-acre plus lots listed for sale in the Santa Ynez Valley areas of Santa Ynez, Solvang, Buellton and Los Olivos (see Index).  

COUNTY AND RELATED ENTITY APPROVALS AND ZONINGThe Property is approved for development of 7 (seven) 20 acre parcels subject to Conditions of Approval and recording of a Final Subdivision Map. The owner has until April 15, 2020 to file the application for the Final Subdivision Map and an additional 3 years of extensions could be available if required. Recording of the Subdivision Map is not required and the parcel could be developed as a single estate parcel with none of the conditions of Approval (see Index).

ENVIRONMENTAL AND CULTURALAn Environmental Negative Declaration Report was prepared for the Property and proposed sub division and was adopted by Santa Barbara County. A Botanical Survey was conducted which was part of the basis for the Negative Declaration.

An archeology study was conducted to ensure the property is developable and that any existing artifacts will not interfere in a significant manner with development of the property.

WATER SYSTEMThe water system as currently engineered is comprised of 2 wells which have been tested with regards to production, interference with other wells and water quality. The wells meet all County Standards (well reports, see Index).

The water system is a simple design comprised of storage cisterns to-be-located on each of the lots which are the responsibility of the ultimate homeowner. The cisterns are filled each night by the shared well system. This design provides a great degree of self-sufficiency and low cost water source for the home structures and supports any agriculture use on the property (see Index).

DUE DILIGENCE SUMMARY

RENDERING OF THE “RANCHETTE” STYLE DEVELOPMENT POTENTIAL

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APPROVED USES OF THE PARCEL AND RESULTING 20 ACRE PARCELSThe zoning and conditions of approval provide for the agricultural use of the lots in addition to the building of a primary house and secondary house.

STORM WATERA study of the adjoining Dry Creek Drainage was conducted to meet the requirements of the Army Corp of Engineers and the Development Plan was found to be in compliance with existing policy.

SEWER SYSTEMThe sewer system is comprised of leach fields on each parcel. Percolation tests were performed to substantiate that the soils will accommodate this type of system (Percolation test reports, see Index).

ROAD SYSTEM AND ACCESSThe development is approved and it was determined that the property can be accessed off off the 101 freeway via the Jonata Park frontage road and that there were no required offsite road improvements. The developer can create an appropriate entrance gate and related monument to define the entrance to the subdivision (Report, see Index).

Grading Plans provide for minimal cut and fill and the projected excess tonnage can easily be sold off-site for proposed developments within the Santa Ynez Valley.

TYPICAL BARN ARCHITECTURE REPRESENT THOSE OF THE SANTA YNEZ VALLEY

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1. Condition of Approval

2. Approved Tentative Map

3. Tentative Map Photos

4. Zaca Initial Study 9.15.16

5. Botanical Survey 11.17.14

6. Drainage Study for Crossing Dry Creek

7. Extended Phase 1 Archaeological Investigation

8. Percolation Docs for 7 lots

9. Plains All American Pipeline

10. Cost Estimate

DUE DILIGENCE INDEX2 A complete and comprehensive package of Due Diligence information information is available for review.

Contact David Jaffe for access: 310.798.3123 x225 or email [email protected].

The property is fully entitled for the subdivision or 7, 20-acre lots.

PLENTY OF OPEN SPACE TO ENJOY ON THESE 20-ACRE PARCELS.

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DISCLAIMERDISCLAIMER: BRAUN make no representations or warranties on approved uses of the property. This brochure is provided for the sole purpose of allowing a potential buyer to evaluate the subject property. The potential buyer is urged to perform its own examination and inspection of the property and information relating to same, and shall rely solely on such examination and investigation and not on this brochure or any materials, statements or information contained herein or otherwise pro-vided. Neither BRAUN its members, managers officers, employees or agents, nor any of its partners, directors, officers, employees and agents, nor owner, make any representations or warranties, whether express or implied, by operation of law or otherwise, with respect to this brochure or the property or any materials, statements or information contained herein or relating thereto, or as to the accuracy or completeness of such materials, statements or information, or as to the condition, quality or fitness of the property, or assumes any responsibility with respect thereto. Such materials, statements and information have in many circumstances been obtained from outside sources and have not been tested or verified. Projections, in particular, are based on various assumptions and subjective determinations as to which no guaranty or assurance can be given. Without limiting the foregoing, in the event this brochure contains information relating to any “hazardous materials” in relation to the property, such information shall in no way be construed as creating any warranties or representations, expressed or implied, by operation of law or otherwise, by BRAUN, broker, sales agents or owner, as to the existence or non-existence or nature of hazardous materials in, under, on or around the property. This brochure is provided subject to errors, omissions, prior sale or lease, change of price or terms and other changes to the materials, statements and information contained herein or relating to the Property. BRAUN will not be responsible if the property is unsatisfactory to the buyer in any way. PROPERTY VALUE: Buyers are responsible for con-ducting their own due diligence. We suggest that all buyers do their own due diligence in regards to assessing value.

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OFFERING MEMORANDUM

THIS IS AN OFFERING MEMORANDUM intended for buyers interested in the real property located at Jonata Park Road, Buellton, CA 93427 as more particularly described here-in (“Property”). This memorandum contains information pertaining to the Property’s seller and has been prepared by BRAUN, (“BRAUN”). Although the seller has reviewed this memorandum, it does not purport to be all-inclusive or contain all of the information that a potential investor may desire. Neither the seller, nor any of its members, officers, directors, employees or agents, nor BRAUN, nor broker, make any representation or warranty, expressed or implied, as to the accuracy or completeness of any of the information contained herein. The seller, BRAUN, disclaims any liability which may be based on such information, errors therein, or omissions therefrom. The information contained herein represents estimates based on assumptions considered reasonable under the circumstances. No representations or warranties, expressed or implied, are made that the property will conform to such use and development. There is no representation as to environmental condition of the property, or as to any other aspect of the property.