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:
Age of Original Construction: Despite recent renovations, the home's original build year of 1974 means some underlying structural components are older, which may lead to unforeseen maintenance needs in the long term.

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 has been extensively renovated just two years ago, bringing all major components to a virtually new condition. The kitchen features stylish quartz countertops, updated black stainless steel appliances, and modern cabinetry. Both bathrooms have been tastefully updated with contemporary fixtures, vanities, and tiling. New luxury vinyl plank flooring flows throughout, and the home benefits from a new HVAC system, new water heater, and owned solar, indicating no deferred maintenance and meeting current quality standards.
Year Built
1974
Close
-
List price
$1.19M
Original List price
-
Price/Sqft
$748
HOA
$0
Days on market
-
Sold On
-
MLS number
V1-30190
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.

L
Laura Drammer
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 has been extensively renovated just two years ago, bringing all major components to a virtually new condition. The kitchen features stylish quartz countertops, updated black stainless steel appliances, and modern cabinetry. Both bathrooms have been tastefully updated with contemporary fixtures, vanities, and tiling. New luxury vinyl plank flooring flows throughout, and the home benefits from a new HVAC system, new water heater, and owned solar, indicating no deferred maintenance and meeting current quality standards.
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.
Extensive Recent Renovation: Renovated just two years ago, the home features a stylish kitchen with quartz countertops, updated appliances, luxury vinyl plank flooring, tastefully updated bathrooms, and fresh interior/exterior paint, offering a modern, turnkey living experience.
Energy-Efficient Upgrades: Equipped with a new HVAC system, new water heater, and owned solar panels, significantly reducing utility costs and enhancing year-round comfort.
Prime Solvang Location: Situated just minutes from the heart of Solvang, providing convenient access to wineries, shopping, dining, and the vibrant Santa Ynez Valley lifestyle.
Versatile Property Use: Ideal for various buyer profiles, serving as a full-time residence, a desirable weekend retreat, or a promising investment opportunity.
Low Maintenance Finishes: Features clean lines and luxury vinyl plank flooring throughout main living areas, contributing to a modern aesthetic and ease of maintenance.

Cons

Age of Original Construction: Despite recent renovations, the home's original build year of 1974 means some underlying structural components are older, which may lead to unforeseen maintenance needs in the long term.
Modest Interior Square Footage: At 1,590 sq. ft., the living space is comfortable for a 3-bedroom home but may be considered modest for buyers seeking more expansive rooms or additional flexible living areas.
Limited Outdoor Feature Details: The property description focuses heavily on interior upgrades, with no specific mention of significant outdoor living spaces, landscaping, or yard amenities, which might be a consideration for buyers prioritizing exterior features.
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