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

243 3rd Street, Solvang, CA 93463 home-pic-0

243 3rd Street

Solvang, CA 93463

ACTIVE
CONDITION: GOOD
5Beds
4Baths
2,624Sq Ft
36,590Lot Size

Property Price

LIST PRICE$2,895,000

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

Good
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
93%
Baths4.03.0
76%
Square foot2,6242,297.5
64%
Lot Size36,59016,988.5
76%
Price$2.90M$1.29M
93%
Price per sq ft$1.1K$635
95%
Built year19821978
60%
HOA$0$0
50%
Days on market208226
45%

Pricing History

Listed for Sale

Aug 11, 2025

$2,895,000

Initial Listing

Sold

Apr 11, 1994

$282,500

Public Record

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