2550 Elk Grove Road, SOLVANG, CA 93463, SOLVANG, 93463 - 4 bed, 3 bath
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SOLVANG, CA 93463
This Turnkey Equestrian Estate is a Strong Value Opportunity, listed at $2,499,000—positioned well below the $2,560,805 Fair Market Value by 2%. This valuation gap offers $61,805 in Instant Equity. Featuring a High-End Interior Remodel, Gourmet Kitchen, and Premium Equestrian Facilities, the property maintains an Excellent Condition Rating. Located in the prestigious Ballard school district, this sanctuary offers sweeping valley views and a versatile split-wing layout. It is an ideal acquisition for Equestrian Enthusiasts or Owner-Occupants seeking luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2550 Elk Grove Road Subject | $2,499,000* List Price | 4 | 3 | 3,185 | $804 | - |
A 2550 Elk Grove Road Active | $2,850,000 List Price | 4 | 3 | 3,185 | $895 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1977, the property has undergone a comprehensive high-end renovation within the last 5-10 years. The gourmet kitchen features modern alder cabinetry and granite, while the bathrooms have been fully updated with spa-like finishes and contemporary fixtures. The equestrian facilities and outdoor living spaces are in mint condition, showing no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 87556, living area = 3185.
The property is a turnkey equestrian estate featuring a dressage arena, a 20x40 dream barn/workshop, and upgraded stalls with auto-waterers and rubber matting, ideal for serious horse enthusiasts.
A thoughtful split-wing design includes a private guest suite with its own living area and laundry, providing excellent flexibility for multi-generational living or long-term guests.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Originally constructed in 1977, the home may have aging infrastructure or core systems that require more frequent oversight than a contemporary build despite the aesthetic updates.
The expansive two-acre lot, specialized horse facilities, and outdoor amenities like the sauna and multiple fireplaces demand substantial ongoing maintenance and utility expenses.
Nestled in the heart of the Santa Ynez Valley and within the Ballard school district, this beautifully updated single story equestrian property is designed for both everyday living and effortless entertaining. The spacious great room features vaulted ceilings, exposed beams, fireplace, bar, and tile flooring that flow into the dining area and gourmet kitchen with rich alder soft close cabinetry, granite countertops, large island, stainless appliances, and dual pantries. Perfect for multi-generational living, the split-wing layout features a private suite with bedroom, bath, walk-in closet, living area, and laundry. Opposite, the primary suite includes a spa-like bath, walk-in closet, and backyard pergola access, with two additional bedrooms sharing a full bath. The equestrian facilities The equestrian facilities include upgraded horse stalls with ceiling fans, rubber-matted flooring, built-in lighting, auto waterers, a wash station, grazing land with shade, corral, dressage arena, and 20x40 dream barn/workshop with drive thru design. The property provides plenty of room including easy in/out access for your trailers, RV or other vehicles. Flagstone pathways wind through flowering landscape and mature fruit trees to a tranquil 6-person sauna, two outdoor fireplaces, covered patios, and custom built-in bbq. Enjoy horses, unwind in the sauna, or take in sweeping views of the local fireworks, this is Santa Ynez Valley living at its best, blending space, comfort, and natural beauty.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,185 | 2,338 | 71% |
| Lot Size | 87,556 | 18,077.4 | 79% |
| Price | $2.50M | $1.64M | 79% |
| Price per sq ft | $785 | $699 | 79% |
| Built year | 1977 | 1984 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 267 | 4% |
May 8, 2026
$2,499,000
Initial Listing
Sep 11, 2020
$1,250,000
Public Record
Jan 5, 2018
$1,100,000
Public Record
Sep 26, 2006
$1,050,000
Public Record