
Solvang, CA 93463
This Modern 2023 Construction is a High-Potential Investment Opportunity, listed at $1,979,000—positioned above the $1,835,295 Fair Market Value. While priced at a premium, the property offers a unique Income-Generating ADU currently yielding $2,600/month, providing immediate cash flow. Featuring an Excellent Condition Rating, this home includes a spacious open-concept layout, an oversized garage, and a private patio with Mountain Views. Its prime, walkable location near Solvang’s amenities ensures long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, multi-generational living solution.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1900 Old Mission Drive Subject | $1,979,000* List Price | 3 | 3 | 2,555 | $718 | - |
A 591 Valley Oak Road Sold | $1,599,000 | 4 | 4 | 2,210 | $724 | 0.9 mi |
B 1840 Old Mission Drive Active | $2,290,000 List Price | 4 | 3 | 2,555 | $896 | 0.1 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 new construction home. The kitchen and bathrooms feature modern cabinetry, stone countertops, and contemporary fixtures. All systems, including the HVAC and electrical, are nearly new, and the home is move-in ready with no maintenance required.
The property features a 614 sq ft attached ADU currently generating $2,600 per month, offering a significant mortgage offset or a turnkey solution for multi-generational living.
As a 2023 build, the home offers the rare benefit of newer construction in Solvang, featuring contemporary open-concept design, energy efficiency, and move-in-ready finishes.
The residence boasts an exceptional in-town location within walking distance to Solvang’s iconic bakeries, restaurants, and essential services, blending suburban comfort with urban convenience.
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 = 10018. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2555, other record living area = 1664.
At nearly $2 million, the property commands a high price-per-square-foot that may be a hurdle for buyers comparing it to larger estates or more expansive acreage in the Santa Ynez Valley.
The 9,583 sq ft lot is relatively modest for this price bracket, which may limit outdoor privacy and space for those seeking a more traditional rural valley lifestyle.
A rare opportunity to own a newer construction home just moments from the heart of downtown Solvang -- with an attached ADU currently generating $2,600/month plus income. Built in 2023, this thoughtfully designed single-story property blends modern comfort, flexible living space, and an unbeatable in-town location. Total combined living space is 2,555 sq ft (1,941 sq ft main house + 614 sq ft ADU). The main residence features 3 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 offers comfort, privacy, and easy single-level living, with the remaining bedrooms providing separation and flexibility for family, guests, or workspace needs. Oversized laundry room offering excellent functionality and storage potential. 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 and living space -- currently rented for $2,600/month, and a fantastic option for in-laws, extended family, guests, a home office, or as an income-producing rental unit. This brings the property to 4 Bedrooms, 3.5 Bathrooms total, significantly enhancing the property's flexibility, appeal, and long-term value. 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 a private, income-ready ADU built right in.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,555 | 2,041.5 |
| Lot Size | 9,583 | 19,892.667 |
| Price | $1.98M | $1.54M |
| Price per sq ft | $775 | $749 |
| Built year | 2023 | 1985 |
| HOA | $0 | $0 |
| Days on market | 19 | 55 |
Aug 21, 2026
$1,979,000
Initial Listing
Nov 2, 2016
$850,000
Public Record