Tens of thousands of acres of ''visual ownership'' from this spectacular view parcel located in Walking M Ranches, just off Ballard Canyon Road, within view of award-winning Stolpman, Jonata and Rusack Vineyards. Enter the iron gates, flanked by sandstone pillars and low walls, and immediately feel the peacefulness of this location as you meander down the long Pepper Tree lined drive to find yourself at the very end of the point, overlooking vineyards, pastures, rolling hills spotted with age-old oak trees, the Coastal Mountain range to the South, and if you look up, you'll see the graceful Red-tail hawks gliding in the wind overhead. Located in the Los Olivos School District, this approximately 3,249+/- sq. ft. home, with detached garage, is ready for your contractor to complete exactly how you'd like. County permits nearly ready. Currently, interior demolition of certain areas has already occurred, the kitchen has been removed along with bathroom vanities, and some exterior doors and windows too. So this is a work in progress, with great bones and a future as bright as the views are big. Subterranean wine cave, plus cute little barn converted to include part storage and part ''Relaxation Room'', with windows and sliding doors. A bit of funk, mixed with eclectic furnishings, to create a whimsical room with views. Don't count on conventional lending, this will be a cash transaction, or construction financing or a partial land loan.