A large chunk of land in California's Santa Ynez valley has been carved into large ranch property. The Ranches at Figueroa Canyon are five ranches being being offered for sale. Four architects are designing conceptual main house and ranch site plans, each tailored to specific ranch properties: Howard Backen of Backen Gillam Architects based in Sausalito and St. Helena, California; Barry Berkus of B3 Architects and Berkus Design Studio in Santa Barbara, California and Scottsdale, Arizona; Jonathan Foote, Architect in Tucson, Arizona and Livingston, Montana; and David Leavengood of Leavengood Architects in Seattle, Washington.

Each architect will provide a conceptual design for one of the ranch properties, covering the main ranch house and a site plan for ancillary buildings such as a ranch manager's residence, guest house, barns, entry or pool. Buyers may opt to work with the architect who provided the conceptual plans for their ranch, choose one of the other Preferred Architects or select an architect outside of the Preferred Architects Program.

The Ranches at Figueroa Canyon range from 187 to 1,176 acres and each has one or more legal parcels served by water and utilities. The areas were traditionally used for cattle ranching but could now be home to vineyards and equestrian facilities, as well as a private residence. The five ranches – College Ranch, Ranger Peak Ranch, Vista Largo Ranch, Corrales Creek Ranch and Lost Trail Ranch – range from $6 million to $24.5 million.