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246 3rd Street, SOLVANG, CA 93463, SOLVANG, 93463 - 3 bed, 2 bath

246 3rd Street, SOLVANG, CA 93463 home-pic-0
ACTIVE$1,190,000$1,590/sqft
Est. Value: $1,137,582
-4%
AboveEstimate
246 3rd Street, SOLVANG, CA 93463
3Beds
2Baths
1,590Sqft
8,712Lot

Price Vs. Estimate

The estimated value ($1,137,581.93) is $52,418.07 (4%) lower than the list price ($1,190,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 8712, living area = 1590.
Top Cons:
Original Build Year: While extensively renovated, the home's original construction year of 1974 may raise concerns about underlying older systems or structural components not explicitly updated.

Compared to the nearby listings

Price:$1.19M vs avg $1.68M ($-485,000)22%
Size:1,590 sqft vs avg 1,860 sqft30%
Price/sqft:$748 vs avg $73257%

More Insights

Built in 1974 (52 years old).
Condition: This property was extensively renovated just two years ago, bringing all major components and aesthetics up to modern standards. The kitchen features stylish quartz countertops, updated black stainless steel appliances, and luxury vinyl plank flooring. Both bathrooms have been tastefully updated with modern vanities, fixtures, and tiling. Key systems like HVAC and the water heater are new, and the property benefits from owned solar. The fresh paint and overall finishes throughout the home and in the images reflect a virtually new condition with no deferred maintenance.
Year Built
1974
Close
-
List price
$1.19M
Original List price
-
Price/Sqft
$748
HOA
$0
Days on market
-
Sold On
-
MLS number
25-2011
Home ConditionExcellent
Features
Patio
View-

About this home

Just minutes from the heart of Solvang, this beautifully remodeled 3-bedroom, 2-bath home offers 1,590± sq. ft. of light-filled living and thoughtful upgrades throughout. Renovated just two years ago, the home features a stylish kitchen with quartz countertops, updated appliances, and luxury vinyl plank flooring that flows throughout the main living areas. Enjoy year-round comfort with a new HVAC system, new water heater, and the efficiency of owned solar. Both bathrooms have been tastefully updated, and fresh interior and exterior paint give the home a crisp, modern feel. With clean lines, low-maintenance finishes, and a fantastic location close to wineries, shopping, and dining, this turnkey property is ideal as a full-time residence, weekend retreat, or investment opportunity in the... Santa Ynez Valley.

C
Cammy Pinoli
Listing Agent

Price History

Date
Event
Price
08/07/23
Sold
$1,095,000
10/06/21
Sold
$770,000
Condition Rating
Excellent
This property was extensively renovated just two years ago, bringing all major components and aesthetics up to modern standards. The kitchen features stylish quartz countertops, updated black stainless steel appliances, and luxury vinyl plank flooring. Both bathrooms have been tastefully updated with modern vanities, fixtures, and tiling. Key systems like HVAC and the water heater are new, and the property benefits from owned solar. The fresh paint and overall finishes throughout the home and in the images reflect a virtually new condition with no deferred maintenance.
Pros & Cons

Pros

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 = 8712, living area = 1590.
Recent Extensive Renovation: The property underwent a significant renovation just two years ago, ensuring modern aesthetics and functionality throughout.
Modern Interior Finishes: Features a stylish kitchen with quartz countertops, updated appliances, luxury vinyl plank flooring, and tastefully updated bathrooms.
Energy Efficiency & New Systems: Equipped with a new HVAC system, new water heater, and owned solar panels, offering year-round comfort and reduced utility costs.
Prime Solvang Location: Strategically located just minutes from the heart of Solvang, providing convenient access to wineries, shopping, and dining.
Versatile Use & Turnkey: Presented as a turnkey property, suitable for a full-time residence, weekend retreat, or a lucrative investment opportunity.

Cons

Original Build Year: While extensively renovated, the home's original construction year of 1974 may raise concerns about underlying older systems or structural components not explicitly updated.
Lack of Garage Mention: The property description does not explicitly mention the presence of a garage, which could be a significant drawback for buyers seeking dedicated parking or storage.
High Price Per Square Foot: With a list price of $1.19M for 1,590 sq. ft., the property commands a relatively high price per square foot, potentially limiting its appeal to a broader buyer pool.
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