Located in the heart of the Valley at the entrance to the Rolling Hills Estates sits this two-bedroom, two-bath charmer on a highly usable 5.46 +/- acre parcel. The home has recently undergone renovations and offers a new kitchen, appliances, flooring, and updated baths; the property offers an abundance of opportunities for the new owners to create their dream. The land is well suited for various uses, including vines, equestrian or sustainable farming. The existing home is well-sited and could easily convert to an ADU and incorporate into a master plan for a new home. This unique opportunity is not to be missed; it allows immediate use of the property while you build out your vision. With easy access to the communities of Los Olivos, Santa Ynez, and Ballard, the ideal location allows you to experience all the Santa Ynez valley offers.