163 3rd Street, SOLVANG, CA 93463, SOLVANG, 93463 - 3 bed, 3 bath
ACTIVE$1,398,000$2,113/sqft
Est. Value: $1,396,585
%
FairlyEstimate
163 3rd Street, SOLVANG, CA 93463
3Beds
3Baths
2,113Sqft
11,326Lot
Price Vs. Estimate
The estimated value ($1,396,585.13) is $1,414.87 (0%) lower than the list price ($1,398,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 2113.
Top Cons:
Age of Construction: Built in 1971, the property may require updates to systems (plumbing, electrical) or cosmetic renovations in areas like the kitchen and bathrooms to meet contemporary buyer expectations.
Compared to the nearby listings
Price:$1.40M vs avg $1.68M ($-277,000)35%
Size:2,113 sqft vs avg 2,113 sqft50%
Price/sqft:$662 vs avg $73139%
More Insights
Built in 1971 (55 years old).
Condition: Built in 1971, this home is well-maintained but shows a mix of updated and dated features. The kitchen has updated white shaker cabinets and stainless steel appliances, but the tile flooring and countertops appear to be from an older renovation (likely 15-20 years ago), making it functional but not contemporary. One bathroom is recently updated with modern finishes, while the other features a more dated granite-look countertop and glass block shower. Hardwood floors are present in main living areas, but some bedrooms are carpeted. Overall, the property is move-in ready but would benefit from cosmetic updates to bring it to current styles, particularly in the kitchen and one bathroom.
Year Built
1971
Close
-
List price
$1.4M
Original List price
-
Price/Sqft
$662
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3756
Home ConditionFair
Features
Excellent View:
Deck
Pool
Patio
View-
About this home
A Private retreat in the sweet spot of Solvang! Walk into this gem & immediately enjoy the magical views over the Santa Ynez River & beyond. The living room offers hardwood floors, fireplace, sliding doors that open to outdoor patio with pool & views that invite easy indoor/outdoor living. Open floor plan to kitchen, separate laundry room, 1/2 bath to patio/pool area. This home offers large separate dining room, currently used as an art studio. Primary bedroom w/bath opens to patio and pool. Yard is private & is terraced for gardens, also allowing further privacy. 2 large bedrooms with guest bathroom, this home is waiting for it's next chapter. A wonderful location in the charming town of Solvang, close to restaurants, golf courses, wineries, shops, schools, walking, hiking, biking..
C
Carole Colone
Listing Agent
Price History
Date
Event
Price
07/22/94
Sold
$278,000
03/12/03
Sold
$535,000
Condition Rating
Fair
Built in 1971, this home is well-maintained but shows a mix of updated and dated features. The kitchen has updated white shaker cabinets and stainless steel appliances, but the tile flooring and countertops appear to be from an older renovation (likely 15-20 years ago), making it functional but not contemporary. One bathroom is recently updated with modern finishes, while the other features a more dated granite-look countertop and glass block shower. Hardwood floors are present in main living areas, but some bedrooms are carpeted. Overall, the property is move-in ready but would benefit from cosmetic updates to bring it to current styles, particularly in the kitchen and one bathroom.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 2113.
Prime Solvang Location: Situated in a highly desirable 'sweet spot' of Solvang, offering convenient access to local restaurants, golf courses, wineries, shops, schools, and outdoor activities like walking, hiking, and biking.
Panoramic River Views: Features 'magical views over the Santa Ynez River & beyond,' providing a serene and picturesque backdrop for the property.
Private Pool & Outdoor Living: Includes a private pool and an outdoor patio, seamlessly integrated with the living space via sliding doors, ideal for entertaining and enjoying the California climate.
Flexible Interior Layout: Offers an open floor plan connecting the living room and kitchen, hardwood floors, a fireplace, a separate laundry room, and a large dining room currently used as an art studio, providing versatile living spaces.
Secluded & Landscaped Yard: The private, terraced yard is designed for gardens, enhancing privacy and offering potential for lush landscaping.
Cons
Age of Construction: Built in 1971, the property may require updates to systems (plumbing, electrical) or cosmetic renovations in areas like the kitchen and bathrooms to meet contemporary buyer expectations.
Lack of Explicit Cooling System: The description highlights a fireplace but does not mention a cooling system (like central air conditioning), which could be a significant drawback during warmer months in Solvang.
Terraced Yard Maintenance: While aesthetically pleasing and private, the terraced yard designed for gardens could imply higher ongoing maintenance requirements and water usage for landscaping.