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7351 Happy Canyon Rd, Santa Ynez, CA, 93460

52beds
58baths
0sqft
$24,750,000
--price/sqft
$150,888/moest. monthly cost
$6,035,520/yrincome needed

About This Home

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.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

Construction

Materials

  • Foundation: Slab
  • Roof: Other

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 52
  • Bathrooms: 58
  • Full bathrooms: 50
  • 1/2 bathrooms: 8

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Other

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 141090025
  • Zoning description: Residential,Agricultural
  • Special condition: Standard

Features

  • Has view: Yes
  • View description: Valley,Panoramic,Hill/Peak/Mnt

Lot

  • Lot size: 554 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtVery High
  • Inland Flooding
    Inland FloodingVery High
  • Landslide
    LandslideVery High
  • Wildfire
    WildfireVery High
  • Earthquake
    EarthquakeRelatively High

How This Home’s Risks Compare

Drought
Inland Flooding
Landslide
Wildfire
Earthquake

FEMA Declared Disasters in Santa Barbara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $125,149$1,501,788
Home Insurance *$3,351$40,212
Property Taxes $21,990$263,880
Electricity $398$4,786
Total$150,888$1,810,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$5,173,302/yr
40% on housing$4,526,640/yr
45% on housing$4,023,680/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 93460$1,167
Santa Barbara County$1,056

vs Homes Sold Last Month

Median $/sqft

ZIP 93460$743
Santa Barbara County$735

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-10-09Price change$24,750,000
2024-11-07Listed for sale$25,000,000
2024-01-24Listing removed--
2023-04-11Listed for sale$18,000,000

For Sale by Agent

AgentJoe Ramos
BrokerageBerkshire Hathaway HomeServices California Properties

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