1 month on rocket

7351 Happy Canyon Rd, Santa Ynez, CA, 93460

$25,000,000

52 Bedrooms
50 Full Baths, 8 Partial
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
MLS #24-3666
Lot Size554.00 Acres
StatusActive

About 7351 Happy Canyon Rd

Welcome to the iconic Circle K Ranch, a stunning estate nestled in the heart of the Santa Ynez Valley - an area renowned for its world-class vineyards and equestrian culture. Spread across 554 breathtaking acres, this remarkable property is a fusion of history, luxury, and nature; making it ideal for a legacy ranch, corporate retreat or hospitality center. Originally known as the J & R Double Arch Ranch, this storied property was once home to McDonald's founders Ray and Joan Kroc, who transformed it into a think tank for the McDonald's Corporation. It was here, the Egg McMuffin was born, a testament to the innovative spirit that flourished within its gates. In 1990, the property was acquired by Gerald Kessler of Nature's Plus Vitamins, who renamed it Circle K Ranch and preserved its original charm and purpose. The property's heritage is captured in its masterfully designed structures. The 17,000-square-foot main lodge, designed by renowned architect Glenn Marchbanks Jr., stands as the centerpiece of the property, featuring 25 en-suite double occupancy lodging rooms, a grand 3,000-square-foot gathering room, commercial-grade kitchen and a dining room that accommodates 100 guests. The lodge's soaring ceilings, hand-carved woodwork and expansive views create an atmosphere of elegance and warmth. The adjacent 5,200-square-foot conference hall serves as an auditorium or theater, seating 62, perfect for corporate events, lectures, or film screenings. Situated atop a scenic hill, the Round House serves as the property's main home and commands stunning 360-degree views of Happy Canyon. Built in 1971 by Ray and Joan Kroc, the residence preserves its original period décor and unique architectural style. The 5,200 square-foot home provides an intimate, one-of-a-kind living experience. Additional structures include four single-family residences, a duplex, manager's house, two bunkhouses equipped with 9 en-suite bedrooms, a gymnasium and more. In total, the ranch can accommodate up to 100 overnight guests. Water is abundant on the ranch, with numerous wells, two lakes and cisterns capable of storing over 100,000 gallons. The estate offers an abundance of amenities to cater to any lifestyle. The Founders Building serves as a library, conference hall and boasts 5 bedroom suites and ranch offices. For those seeking recreation, the estate includes a helicopter pad, two tennis courts, a resort-style pool, hiking trails and barbecue-picnic facilities. The barns, paddocks, trails and fenced corrals offer endless possibilities for equestrian pursuits and agricultural endeavors. The property is a working cattle ranch, but is also home to exotic animals including Watusis, zebras, llamas and swans. Although exceptionally private, the property is conveniently located just 30 minutes from Santa Barbara and 10 minutes from the Santa Ynez Airport. Happy Canyon Road is a premium location, referred to by many as the "Montecito or Beverly Hills of the Santa Ynez Valley." Whether envisioned as a working ranch, corporate retreat, or personal estate, Circle K Ranch offers endless possibilities for its next chapter. Property consists of 7 APNs: 141-090-026, 141-020-012, 141-020-024, 141-020-025, 141-020-040, 141-090-025, 141-090-017.

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (805) 969-5026, (805) 688-1794
  • Listing Agent: Kerry Mormann, Joe Ramos

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 8
  • Full Bathrooms: 50
  • Total Bedroom Count: 52

Virtual/3D Tour

  • 3D Tour: 7351 Happy Canyon Rd
3D Tour

Lot Features

Lot Information:

  • Lot Size: 554.00 Acres

Other

Directions Information:

  • Directions: Take Happy Canyon Road to Rambling Oaks. Turn left. Entrance gate is over the bridge, on the right side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $25,000,000

Tax Information:

  • Annual Amount: $26,343
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Santa Ynez, CA.

Med. Sold Price

$2.0M

Med. Price/SqFt

$1,517

Avg. Days On Market

211

# of Sold Homes

2

7351 Happy Canyon Rd vs Santa Ynez

40 DAYS ON ROCKET

-171 Days

$25,000,000

+$23.0M More

KEY TAKEAWAY

This property is $23.0M more than the Median Sold Price in Santa Ynez, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Santa Barbara Multiple Listing Service
  • MLS Number: #24-3666

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (805) 969-5026, (805) 688-1794
  • Listing Agent: Kerry Mormann, Joe Ramos

IDXThe data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 16, 1990Home Sold
$900,000

Tax History

YEARPROP. TAXASSESSMENT
2021$26,343$2,499,306
2020$26,342$2,473,680
2019$25,303$2,425,177
2018$25,303$2,377,626
2017$24,857$2,331,007

History based on county public records data.

Payment Calculator

$124.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$75K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4310277
9
/10
  • Ballard Elementary School

  • 2425 School St

  • 8.05 miles

  • Public District Grades KG-6

school-card-donut-4310278
6
/10
  • Oak Valley Elementary School

  • 595 2nd St

  • 13.47 miles

  • Public District Grades KG-5

school-card-donut-4310279
7
/10
  • Brandon Elementary School

  • 195 Brandon Dr

  • 15.08 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,841. The majority of Santa Ynez, CA residents have income between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7351 Happy Canyon Rd

What is the listing price of this property?

The listing price of 7351 Happy Canyon Rd property is $25,000,000.

What type of property is this?

The property 7351 Happy Canyon Rd is a house located in Santa Ynez, California, 93460.

Is this property for sale now?

Active Listing: 7351 Happy Canyon Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $26,343 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 16, 1990 for $900,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7351 Happy Canyon Rd has 52 bedrooms and 50 full and 8 half bathrooms.

What is the square footage of this property?

The sq. ft. of 7351 Happy Canyon Rd is not available (source: MLS/tax record).
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Rocket HomesCaliforniaSanta Barbara CountySanta Ynez934607351 Happy Canyon Rd

This home is located at 7351 Happy Canyon Rd in Santa Ynez, CA and zip code 93460. This home sits on a 554.00 acre lot. Features: 52 bedrooms, 58 bathrooms. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $25,000,000.

In November 2024 more than 0 listings in Santa Ynez, CA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The number of homes for sale in Santa Ynez, CA increased by 7.5% between October 2024 and November 2024. In November 2024 median list price was $2,000,000 and the average listing age was 211 days.

From Rocket Homes Real Estate and based on county public records data.

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