1840 Old Mission Drive, Solvang, CA 93463, Solvang, 93463 - 4 bed, 3 bath
Loading property details...
Solvang, CA 93463
This Modern Income-Generating Estate is listed at $2,290,000, representing a stable valuation aligned with its $2,227,538 Fair Market Value. Boasting a Mint Condition Rating, this 2023 construction features a main residence with mountain views, a ground-level primary suite, and a private patio. The property’s standout financial feature is the 614 sq ft ADU, currently generating $2,845/month in rental income, offering a substantial mortgage offset or guest quarters. Situated in a prime walkable Solvang location, this turnkey home balances luxury lifestyle with high-utility assets. It is an ideal match for Owner-Occupants seeking a house-hack or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1840 Old Mission Drive Subject | $2,290,000* List Price | 4 | 3 | 2,555 | $872 | - |
A 591 Valley Oak Road Active | $1,699,000 List Price | 4 | 4 | 2,210 | $769 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is in mint condition and meets the criteria for a home less than 10 years old. The kitchen and bathrooms feature modern cabinetry, quartz countertops, and contemporary tile work. All systems, including the HVAC and electrical, are nearly new, and the home is completely move-in ready with no maintenance required.
The property includes a private 614 sq ft ADU currently generating $2,845/month, offering significant mortgage offset or versatile space for multi-generational living.
Built in 2023, this home features contemporary open-concept design, energy-efficient systems, and a desirable main-level primary suite, ensuring a move-in-ready experience.
Boasting an exceptional 'in-town' lifestyle, the residence is within walking distance to Solvang’s iconic bakeries, boutiques, and essential services like the local hospital.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9583, other record lot size in square feet = 7840. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2555, other record living area = 1915.
The laundry facilities are situated in the garage rather than a dedicated interior utility room, which may be viewed as a convenience trade-off for a luxury-priced home.
At a $2.29M price point on a sub-10,000 sq ft lot, the property faces stiff competition from buyers seeking more expansive acreage or privacy typical of the Santa Ynez Valley.
A rare opportunity to own a newer construction home just moments from the heart of downtown Solvang. Built in 2023, this thoughtfully designed two-story property blends modern comfort, flexible living space, and an unbeatable in-town location. Total combined living space is 2555 sq ft (1941 sq ft main house + 614 sq ft ADU). The main residence features 4 bedrooms and 2.5 bathrooms, highlighted by a bright, open-concept layout filled with natural light. The spacious kitchen offers ample cabinetry and generous counter space, flowing seamlessly into the living and dining areas — ideal for both everyday living and entertaining. The primary suite is conveniently located on the main (ground) level, offering comfort, privacy, and ease of access. Upstairs, 3 additional bedrooms and Full Bath provide separation and flexibility for family, guests, or workspace needs. Laundry is conveniently located in the garage, maximizing interior living space while maintaining functionality. The oversized garage offers extra height — accommodating larger trucks, vans, and recreational vehicles — a rare and practical bonus. Adding exceptional versatility is the private 1-bedroom, 1-bath ADU (614 sq ft) with its own entrance, living space, and separate interior staircase access. This brings the property to 5 Bedrooms 4 Bathrooms total — ideal for extended family, guests, a home office, or rental income (currently generating $2,845/month), significantly enhancing the property's value and appeal. Located within walking distance to Solvang's renowned restaurants, charming boutiques, grocery stores, pharmacies, the hospital, and iconic Danish bakeries, this home offers exceptional convenience in the heart of the Santa Ynez Valley. Fresh, modern, and move-in ready, this nearly new home presents a unique opportunity to enjoy stylish in-town living with built-in flexibility and income potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,555 | 2,338 | 54% |
| Lot Size | 9,583 | 17,424 | 25% |
| Price | $2.29M | $1.64M | 79% |
| Price per sq ft | $896 | $699 | 79% |
| Built year | 2023 | 1985 | 96% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 267 | 4% |
Apr 29, 2026
$2,290,000
Initial Listing
Nov 2, 2016
$850,000
Public Record