206 Valhalla Drive, Solvang, CA 93463, Solvang, 93463 - 3 bed, 3 bath
206 Valhalla Drive
Solvang, CA 93463
Property Price
SUMMARY
Analysis of 206 Valhalla Drive, Solvang, CA 93463 reveals a property with a current list price of $2,495,000, which is 8% above the estimated $2,276,623 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Solvang Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 206 Valhalla Drive Subject | $2,495,000* List Price | 3 | 3 | 3,157 | $721 | - |
A 218 Valhalla Drive Sold | $2,542,000 | 4 | 3 | 3,473 | $732 | 0.1 mi |
B 565 Rancho Alisal Drive Sold | $2,090,000 | 3 | 4 | 3,614 | $578 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1999, this property is well-maintained and move-in ready, but the kitchen and secondary bathrooms feature styles and finishes (e.g., light wood cabinets, black appliances, gold-toned fixtures) that are consistent with its original build year and now appear dated. While the primary bathroom shows signs of a more recent update with modern finishes, the overall property, including major systems, is approaching 25 years old, suggesting potential for future updates as noted in the property analysis.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 17424, living area = 3157.
- Exceptional Views & Natural Light
The residence boasts striking mountain views and a light-filled design, enhanced by a wall of sliding glass doors and windows that create effortless indoor-outdoor flow.
- Premium Location & Lifestyle
Ideally situated within the Village Collection near the heart of Solvang, offering convenient access to Alisal River Golf Course, downtown wine tasting, shopping, and restaurants, embodying a coveted Santa Ynez Valley lifestyle.
CONSRISKS & DEFICIENCIES
- Ongoing Association Fees
The property is subject to a monthly association fee of $349, which adds to the recurring cost of homeownership.
- Potential for System Updates
Built in 1999, the home's major systems (e.g., HVAC, water heater, roof) may be original and approaching the end of their typical lifespan, potentially requiring future capital expenditures for replacement or upgrades.
- High Price Point & Market Justification
The current list price of $2.495 million represents a significant increase from its last sale in 2017, which may require strong market justification and could narrow the pool of potential buyers.
About 206 Valhalla Drive
Striking mountain views and a light-filled design anchor this perimeter-lot residence within the Village Collection near the heart of Solvang. Set on approximately .40 acres, the 3,157+/- SqFt home offers 3 bedrooms, an office, and 3 bathrooms, complemented by a circular driveway and an attached three-car garage.High ceilings and red oak wood flooring define the inviting interior. The living room is centered around a fireplace and dry bar, framed by a wall of sliding glass doors and windows that flood the space with natural light and create effortless indoor-outdoor flow. The kitchen is designed for both everyday living and entertaining, featuring an expansive island, walk-in pantry, and open dining area.The primary suite serves as a private retreat with large picture window and sliding glass doors opening to the backyard patio. The ensuite bath features a walk-in shower, soaking tub, and a spacious walk-in closet.A dedicated office with built-in cabinetry provides an ideal setup for remote work, study, or a quiet reprieve.Outdoor living continues with a covered patio, lush lawn, and mature trees, all set against a backdrop of spectacular mountain views. Ideally located near Alisal River Golf Course and Downtown Solvang's wine tasting, shopping, and restaurants, this Village Collection home delivers refined comfort and a coveted Santa Ynez Valley lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 17,424 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $349 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,157 | 2,297.5 | 74% |
| Lot Size | 17,424 | 16,988.5 | 50% |
| Price | $2.50M | $1.29M | 86% |
| Price per sq ft | $790 | $635 | 88% |
| Built year | 1999 | 1978 | 86% |
| HOA | $349 | $0 | 93% |
| Days on market | 56 | 226 | 7% |
Pricing History
Listed for Sale
Jan 10, 2026
$2,495,000
Initial Listing
Sold
Sep 21, 2017
$1,225,000
Public Record
Sold
Oct 4, 2005
$1,420,500
Public Record
Sold
Jun 14, 2002
$1,000,000
Public Record
Sold
Mar 31, 2000
$765,000
Public Record
Sold
May 28, 1998
$246,500
Public Record