A rare in-town building opportunity in the heart of Santa Ynez. This nearly 1/4-acre corner lot is ideally located just one block from downtown, with convenient access to local restaurants, shops, schools, and the park. With a water meter already installed, plus prior survey and staking completed, much of the early groundwork has already been addressed, saving meaningful time and upfront cost. The parcel's size, configuration, and vacant status present an opportunity to build a single-family home with accessory dwellings or explore additional development possibilities, offering flexibility for a range of potential uses (buyer to verify). Whether building a primary residence, weekend retreat, or exploring investment potential, the property offers a compelling blend of walkability, usability, and long-term upside.