Prime 406± acre Santa Ynez Valley agricultural estate featuring two distinct ranches near Lompoc: Home Ranch (77.69± acres) and Apache Ranch (329.02± acres), totaling approximately 195 farmable acres (70± and 125±, respectively). Significant income is generated from farmland rent, H-2A housing rent, and other commercial rent from on-site buildings. Level topography with fertile soils ideal for high-value vegetable crops such as Brussels sprouts, lettuce, peppers, and leafy greens. Exceptional water infrastructure includes seven agricultural wells across both ranches, featuring a recently installed $350,000 well, complemented by a solid set irrigation system throughout. The estate boasts extensive improvements, including an on-site produce packing and warehouse facility with three loading bays. Currently decommissioned 8,500± sq ft refrigerated storage within this facility can readily be reactivated to meet refrigerated handling needs. Residential improvements feature H-2A certified housing for 100 workers, including multiple residences, a large heated dining area equipped with flat-screen TVs, and 10 sets of washers and dryers. A separate dedicated manager's residence enhances operational readiness. Additional facilities include functional maintenance shops with four roll-up doors, a truck scale, and a recently upgraded $100,000+ drinking water system. Zoned AG-II-40, supporting diverse agricultural uses including row crops, permanent crops, and processing facilities. The Apache Ranch's southern section may present opportunities for exploration of alternative uses, including potential subdivision, given its separate access via San Pascual Canyon Road. See virtual tour for property layout.