Residential/Commercial mixed use property in beautiful Santa Barbara wine country. Prime location in the charming town of Santa Ynez with its beautiful landscapes, numerous boutiques, stellar restaurant scene, and nearby wineries. This flat, .34 acre property is zoned C-2 for a wide variety of uses including ''Lodging - Short-term rental''. An existing ~ 2,000 sq. ft. structure houses two commercial spaces, each with their own private bathroom, on the ground level. Upstairs is a two bedroom, one bath apartment with rear deck showcasing stunning valley and mountain views. The other half of the property is currently rented out as a storage yard with a small office. This is a unique opportunity to further develop an in-town property into its highest and best use!