1611 Fredensborg Way, Solvang, CA 93463, Solvang, 93463 - 4 bed, 4 bath
Loading property details...
Solvang, CA 93463
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $2,795,000—positioned well below the $2,933,788 Fair Market Value by 4%. This valuation gap provides $138,788 in Instant Equity. While the home maintains a Condition Rating of 4, its expansive 5-acre lot and unobstructed mountain views offer significant upside for modernization. With no HOA restrictions and high land-to-living area utilization, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a customizable estate in Solvang.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1611 Fredensborg Way Subject | $2,730,000* List Price | 4 | 4 | 3,549 | $776 | - |
A 1631/1633 Fredensborg Way Active | $2,795,000 List Price | 5 | 4 | 3,462 | $807 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994, this 30-year-old property is well-maintained but significantly dated. The kitchen features original white appliances and cabinetry, while the bathrooms retain 1990s-era oak vanities, tile countertops, and wallpaper borders. While functional and move-in ready, the home requires comprehensive cosmetic updates to its primary systems and finishes to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 3549.
Situated on a generous 5-acre lot, this property offers exceptional privacy and ample space for outdoor amenities, equestrian facilities, or potential agricultural use in the heart of Solvang.
The residence features stunning mountain views, a premium asset that enhances the property's value and provides a serene backdrop for the Santa Ynez Valley lifestyle.
Constructed in 1994, the interior and systems may require significant updates to meet the expectations of modern luxury buyers at this price point.
The large 217,800 square foot lot requires substantial ongoing maintenance, including landscaping and fire safety compliance, which adds to the long-term cost of ownership.
Exceptional opportunity in Solvang. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 4.0 | 3.0 | 67% |
| Square foot | 3,549 | 2,338 | 79% |
| Lot Size | 217,800 | 18,077.4 | 88% |
| Price | $2.73M | $1.64M | 79% |
| Price per sq ft | $769 | $699 | 67% |
| Built year | 1994 | 1985 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 268 | 4% |
Jun 6, 2026
$2,730,000
$2,795,000
-2% Price Drop
Initial Listing
May 6, 2026
$2,795,000
Initial Listing
Apr 17, 2001
$1,150,000
Public Record
Feb 24, 2000
$825,000
Public Record