1631 1633 Fredensborg Way, Solvang, CA 93463, Solvang, 93463 - 5 bed, 4 bath
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Solvang, CA 93463
This Dual-Residence Estate presents a High-Potential Investment Opportunity with a List Price of $2,795,000—positioned well below the $2,911,109 Fair Market Value by 3%. This valuation gap offers $116,109 in Instant Equity. Featuring a Fair Condition Rating, the property offers significant upside through cosmetic modernization of the 1995 interiors. With 5 acres, a pool and spa, and a separate guest house, this estate is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, equestrian-ready property in the prestigious Ballard School District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1631 1633 Fredensborg Way Subject | $2,795,000* List Price | 5 | 4 | 3,462 | $841 | - |
A 1611 Fredensborg Way Active | $2,730,000 List Price | 4 | 4 | 3,549 | $769 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, the property is 29 years old and largely retains its original finishes. While the home is well-maintained and functional, the kitchen and bathrooms are dated, featuring 1990s-style tile countertops, original cabinetry, fluorescent light boxes, and carpeted flooring in the primary bathroom, necessitating cosmetic updates 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 = 3462.
The property includes both a 3,462 sqft main home and a separate 3-bedroom guest house, providing rare flexibility for multi-generational living, a caretaker, or a private home office.
Spanning 5 acres with open pastures, a corral, and livestock shelters, the estate is perfectly equipped for animal lovers seeking a functional ranch lifestyle in the Santa Ynez Valley.
The reliance on a shared well for two residences and livestock facilities may require complex maintenance agreements and could be a deterrent for buyers seeking total utility independence.
With two separate homes, a pool, a spa, and five acres of agricultural land, the property demands substantial ongoing maintenance and operational costs.
Set on approximately 5+/- acres in the heart of the Santa Ynez Valley, 1631 & 1633 Fredensborg Way offer space, privacy, and beautiful mountain views within the coveted Ballard School District. Located near the end of the road, the property enjoys a peaceful setting with a sense of seclusion while remaining conveniently close to town.The main residence spans approximately 3,462+/- square feet and features 5 bedrooms, 4 bathrooms, an attached 3-car garage, and a comfortable floor plan designed for both everyday living and entertaining. Interior features include red oak hardwood floors, vaulted ceilings, custom cabinetry, expansive windows, and an upstairs hobby room. The living spaces open to the outdoor patio, pool, and spa, creating an easy indoor-outdoor flow for enjoying the Valley's year-round climate and surrounding views.The property is well suited for animals with open pastures, a corral, and livestock shelters, adding to the versatility of the acreage. A shared well services the property.A separate guest residence offers 3 bedrooms, 2 bathrooms, and its own 2-car garage, providing flexibility for extended family, guests, a caretaker, or private workspace.Located just minutes from Ballard, Solvang, Los Olivos, and many of the Santa Ynez Valley's wineries, restaurants, and outdoor attractions, this property offers a peaceful rural setting with convenient access to town.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,462 | - |
| Lot Size | 217,800 | - |
| Price | $2.79M | $1.85M |
| Price per sq ft | $807 | $632 |
| Built year | 1995 | 0 |
| HOA | $0 | $0 |
| Days on market | 51 | 207 |
Jun 1, 2026
$2,795,000
Initial Listing
Nov 23, 1999
$727,500
Public Record