The Ballard Inn

Colliers is pleased to present the exclusive opportunity to acquire the Ballard Inn, a fully renovated 15 key boutique hotel located at 2436 Baseline Avenue in the heart of the Santa Ynez Valley wine country. Originally constructed in 1985 and comprehensively renovated in 2024, the property comprises 9,062 square feet on a 22,651 square foot C2 zoned parcel in Ballard, one of the valley’s most charming and supply constrained hamlets.

The Ballard Inn is offered at $6,500,000, representing $433,333 per key and a 7.62% capitalization rate on adjusted trailing twelve month net operating income of $495,319. Over the trailing twelve months ending July 2026, the property produced 71.2% occupancy, a $304.53 ADR, and $216.70 RevPAR on $1,300,864 in total revenue. Current results reflect rooms only operations, leaving the existing restaurant and food and beverage program as untapped upside for a new operator.

Beyond in place income, the property offers a path to expand from 15 to 19 keys, a 27% increase in room count that would provide meaningful revenue  upside in a market where new hospitality supply is effectively impossible to deliver. Positioned minutes from Los Olivos, Solvang, and more than 120 wineries and tasting rooms, the Santa Ynez Valley continues to benefit from durable drive to leisure demand out of Los Angeles, Santa Barbara, and the Central Coast.

The Ballard Inn presents investors with a rare combination of renovated, income producing real estate, a clear expansion thesis, and an irreplaceable wine country location.

Available