243 3rd Street, Solvang, CA 93463, Solvang, 93463 - 5 bed, 4 bath

243 3rd Street
Solvang, CA 93463
Property Price
SUMMARY
Analysis of 243 3rd Street, Solvang, CA 93463 is currently available with a list price of $2,895,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1982, this hacienda-style home has received significant recent updates, including a brand-new Z Line 8-burner stove, new dishwasher, new jacuzzi tub in the primary suite, a new roof, and a new water heater. These updates ensure major systems are functional and within their expected lifespan, making the property move-in ready with no immediate renovations required. While the overall aesthetic, with its solid carved rosewood cabinets, extensive wood paneling, and terracotta-style flooring, is very specific and not a modern renovation, the condition of the updated components is excellent, and the property appears well-maintained.
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 = 36590, living area = 2624.
- Unique & Secluded Setting
Nestled in enchanting woods with a private driveway and bridge over a creek, offering exceptional privacy and a picturesque natural environment.
- Prime Solvang Location
Moments away from Solvang's renowned restaurants, wine tasting, shops, parks, and festivities, providing convenient access to local attractions.
CONSRISKS & DEFICIENCIES
- Absence of Central Air Conditioning
The property description does not mention a cooling system, which could be a significant consideration during warmer months in Solvang.
- Specific Architectural Style
The distinct 'hacienda' style with beam ceilings and old-world textured walls, while charming, may not appeal to all buyers seeking a more contemporary aesthetic.
- Potential for Bridge Maintenance
The private driveway includes a bridge over a creek, which may entail specific maintenance responsibilities and costs not typical for standard properties.
About 243 3rd Street
Discover a hidden hacienda nestled in the enchanting woods of Solvang, just moments away from restaurants, wine tasting, shops, parks & festivities. This colorful 2-story retreat is accessed via a private driveway, complete with your own bridge crossing your creek surrounded by a small forest of majestic oak trees. The living room boasts a cozy fireplace adorned with custom mantle & hearth. Experience the warmth of the beam ceilings made from wood sourced from a New Mexico mine, complemented by beautifully old-world textured walls. The custom kitchen is a chef's dream, featuring solid carved rosewood cabinets, brand-new Z Line 8-burner stove, & new dishwasher & a spacious walk-in refrigerator, accessed from the pantry & custom access doors in the kitchen. Enjoy the breakfast nook or take advantage of the formal dining room with space for a 12-foot table. The hacienda features 5 inviting bdrms, each with exterior door leading to an expansive deck. With 3.5 baths, this home is designed for comfort & convenience. Retreat to the primary suite, complete with wood-burning stove & a luxurious new jacuzzi tub. Downstairs, a recreation room, the 5th bedroom, a utility room & a wine cellar await your enjoyment. Additional amenities include a New Roof, New stackable washer & dryer & a 50-gallon gas water heater. This beautiful 1-acre lot is fenced for horses. Don't miss your chance to own this exceptional property; schedule a tour today & experience the magic yourself!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1982
- Lot Size
- 36,590 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 4.0 | 3.0 | 76% |
| Square foot | 2,624 | 2,297.5 | 64% |
| Lot Size | 36,590 | 16,988.5 | 76% |
| Price | $2.90M | $1.29M | 93% |
| Price per sq ft | $1.1K | $635 | 95% |
| Built year | 1982 | 1978 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 208 | 226 | 45% |
Pricing History
Listed for Sale
Aug 11, 2025
$2,895,000
Initial Listing
Sold
Apr 11, 1994
$282,500
Public Record
































































