2591 Deer Hill Lane, SOLVANG, CA 93463, SOLVANG, 93463 - 4 bed, 4 bath
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SOLVANG, CA 93463
This Spacious Value-Add Estate is listed at $2,495,000, representing a stable acquisition at its $2,495,000 Fair Market Value. Featuring a 4,495 sq ft floorplan and a Condition Rating of 4, the home offers "incredible potential" for a custom modernization. The expansive 2.8-acre lot includes a utility-equipped barn and sits within the coveted Ballard School District with peaceful mountain views. This property balances a fair entry price with massive upside through renovation in the prestigious Santa Ynez Oaks. It is a premier choice for Owner-Occupants looking to build a custom sanctuary or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2591 Deer Hill Lane Subject | $2,495,000* List Price | 4 | 4 | 4,495 | $555 | - |
A 2629 Quail Valley Road Sold | $1,750,000 | 5 | 4 | 2,823 | $620 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this property is well-maintained but largely reflects older design trends. While the kitchen has been updated with stainless steel appliances and the primary bathroom features a newer vanity and walk-in shower, other areas—such as the secondary bathrooms with white tile countertops and the mixed flooring types—show significant age. The listing description explicitly mentions 'incredible potential' and 'custom remodel' opportunities, confirming that while functional, the home requires modernization to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 123710, living area = 4495.
Set on approximately 2.8 acres in the Ballard School District, the property offers ample space for equestrian pursuits and includes a versatile rustic barn equipped with electricity, water, and gas.
The 4,495 sq ft home features a dramatic great room with vaulted beamed ceilings and rich millwork, providing a grand and charming foundation for a luxury residence.
Built in 1971 and marketed as having 'incredible potential,' the home likely requires a significant capital investment to modernize the interior and systems to current luxury standards.
The combination of nearly three acres of land and a large vintage barn necessitates substantial ongoing maintenance and potential restoration costs for the outbuildings.
Tucked in the desirable neighborhood of Santa Ynez Oaks and the Ballard School District, 2591 Deer Hill Lane offers space, character, and incredible potential. Set on approximately 2.8± acres with peaceful views and over 4,400± sq ft of living space, this 4-bedroom, 4-bath home invites you to spread out, entertain, and make it your own. A dramatic great room anchors the home with vaulted beamed ceilings, beautiful wood floors, and rich millwork that adds warmth and charm. The flexible layout features expansive living areas, ideal for gatherings large or small. Adding even more appeal is a rustic barn complete with electricity, water, and gas. Once used for events and gatherings, it features a small stage and echoes of its vibrant past-ready to be re-imagined for creative or... recreational use. The land has adequate room to fulfill the equestrian pursuits of its new owner. Whether you're dreaming of a custom remodel or simply seeking a peaceful retreat with room to grow, this property is ready to inspire your next chapter in the heart of the Santa Ynez Valley.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 4.0 | 3.0 | 74% |
| Square foot | 4,495 | 2,242 | 94% |
| Lot Size | 123,710.398 | 16,553 | 91% |
| Price | $2.50M | $1.29M | 83% |
| Price per sq ft | $555 | $651 | 34% |
| Built year | 1971 | 1979 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 294 | 254 | 63% |
Feb 11, 2026
$2,495,000
$2,700,000
-8% Price Drop
Initial Listing
Jul 2, 2025
$2,700,000
Initial Listing
Jun 26, 2012
$800,000
Public Record
Oct 16, 1998
$556,000
Public Record