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2591 Deer Hill Lane, Solvang, CA 93463, Solvang, 93463 - 4 bed, 4 bath

2591 Deer Hill Lane, Solvang, CA 93463 home-pic-0
ACTIVE$2,700,000$4,495/sqft
Est. Value: $2,700,000
%
FairlyEstimate
2591 Deer Hill Lane, Solvang, CA 93463
4Beds
4Baths
4,495Sqft
123,710Lot

Price Vs. Estimate

The estimated value ($2,700,000) is $0 (0%) lower than the list price ($2,700,000). 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 = 123710, living area = 4495.
Top Cons:
Age of Property & Renovation Needs: Built in 1971, the property's description suggests a 'custom remodel' may be desired, indicating potential for significant updates and modernization to meet current standards.

Compared to the nearby listings

Price:$2.70M vs avg $1.76M (+$940,000)78%
Size:4,495 sqft vs avg 2,242 sqft96%
Price/sqft:$601 vs avg $73139%

More Insights

Built in 1971 (55 years old).
Condition: Built in 1971, this property has undergone significant updates in key areas, making it move-in ready. The kitchen features modern stainless steel appliances, quality wood cabinetry, farmhouse sinks, and recessed lighting, appearing to have been renovated within the last 5-15 years. The master bathroom is also extensively updated with a large walk-in shower, freestanding tub, and contemporary finishes. The main living areas boast beautiful wood floors, vaulted beamed ceilings, and a stone fireplace, all in good condition. However, the secondary bathrooms are notably dated with older tile, fixtures, and vanity styles, indicating they have not been updated recently. While these bathrooms are functional, they would benefit from cosmetic renovations. Overall, the property is well-maintained with updated major components, aligning with the 'Good' condition criteria where some components are updated but it hasn't undergone a full recent renovation.
Year Built
1971
Close
-
List price
$2.7M
Original List price
-
Price/Sqft
$601
HOA
$0
Days on market
-
Sold On
-
MLS number
V1-31170
Home ConditionGood
Features
Good View:
Deck
View-

About this home

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.

L
Laura Drammer
Listing Agent

Price History

Date
Event
Price
10/16/98
Sold
$556,000
06/26/12
Sold
$800,000
Condition Rating
Good
Built in 1971, this property has undergone significant updates in key areas, making it move-in ready. The kitchen features modern stainless steel appliances, quality wood cabinetry, farmhouse sinks, and recessed lighting, appearing to have been renovated within the last 5-15 years. The master bathroom is also extensively updated with a large walk-in shower, freestanding tub, and contemporary finishes. The main living areas boast beautiful wood floors, vaulted beamed ceilings, and a stone fireplace, all in good condition. However, the secondary bathrooms are notably dated with older tile, fixtures, and vanity styles, indicating they have not been updated recently. While these bathrooms are functional, they would benefit from cosmetic renovations. Overall, the property is well-maintained with updated major components, aligning with the 'Good' condition criteria where some components are updated but it hasn't undergone a full recent renovation.
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 = 123710, living area = 4495.
Expansive Lot & Equestrian Potential: Set on approximately 2.8+/- acres, the property offers ample space for privacy, growth, and includes adequate room to fulfill equestrian pursuits.
Desirable Location & School District: Located in the sought-after neighborhood of Santa Ynez Oaks and within the highly regarded Ballard School District, enhancing its appeal to families.
Generous Living Space: With over 4,400+/- sq ft, 4 bedrooms, and 4 baths, the home provides extensive living areas and a flexible layout ideal for large gatherings and comfortable living.
Unique Amenity (Barn): A rustic barn, complete with electricity, water, and gas, offers significant potential for events, creative endeavors, or recreational use, adding unique value.
Architectural Character & Views: The home boasts dramatic vaulted beamed ceilings, beautiful wood floors, rich millwork, and peaceful views, contributing to its charm and aesthetic appeal.

Cons

Age of Property & Renovation Needs: Built in 1971, the property's description suggests a 'custom remodel' may be desired, indicating potential for significant updates and modernization to meet current standards.
Extensive Property Maintenance: The large 2.8-acre lot, substantial 4,400+ sq ft home, and additional barn will require considerable ongoing maintenance, time, and financial investment from the owner.
High Entry Price Point: The list price of $2.7 million represents a significant financial commitment, which may limit the pool of potential buyers despite the property's unique features and size.
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