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Many second home/vacation home Buyers are looking to buy a property today that will become a more permanent residence in the future. While the specific property qualifications and budgets vary widely, one common theme is privacy, space and room for expansion. I refer to these properties as “transitional“, in which the initial investment includes a great piece of land with limited improvements, only those necessary to enjoy the property in the near term. The land however, needs to accommodate the long-term plan, which might include a larger home, guest house, pool, barns, cattle, agriculture etc. Transitional properties are limited, but make great economic sense for those Buyers planning on growing into their Santa Ynez lives.
Some second home Buyers have the time and patience for “project properties“, which are those needing a significant amount of work, often immediately. Others want something comfortable today with the opportunity to accommodate full-time enjoyment in the future. For the latter, please click on “Transitional Properties” below for my updated list.
The other type of property appealing to some second home Buyers is “Turnkey”, meaning properties that require very little effort today or in the future. Bring your toothbrush and you are good to go. My updated lists of “turnkey” properties can be accessed below by budget.
As a second home specialist, I keep very close tabs on the desirable properties for second/vacation homes.