265 5th Street Unit B, SOLVANG, CA 93463, SOLVANG, 93463 - 2 bed, 2 bath
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SOLVANG, CA 93463
This Stylish Brookside Condominium is a Strong Value Opportunity, listed at $619,000—positioned well below the $657,862 Fair Market Value by 5%. This valuation gap offers $38,862 in Instant Equity. Boasting a Condition Rating of 3, the interior features vaulted ceilings, a gas fireplace, and a south-facing balcony. Located less than half a mile from the 8/10 rated Solvang Elementary, the property includes premium amenities like a pool and spa. It is a perfect fit for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 265 5th Street Unit B Subject | $609,000* List Price | 2 | 2 | 1,316 | $460 | - |
A 245 5th Street C Active | $599,000 List Price | 2 | 2 | 1,316 | $455 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1980 but appears well-maintained and move-in ready. Features modern updates like a custom barn door and stylish interior touches. While the carpet and bathroom tile show some age, the overall condition is functional and clean, fitting the 5-15 year renovation/maintenance window.
Situated on a quiet cul-de-sac in the heart of Solvang, this unit offers a rare combination of privacy and convenience, located less than half a mile from the highly-rated Solvang Elementary School.
The interior features vaulted ceilings and a south-facing balcony that floods the living space with natural light, complemented by stylish upgrades like a custom sliding barn door in the primary suite.
The association provides a low-maintenance lifestyle with access to a swimming pool and spa, while covering essential utilities such as water and trash alongside property management and covered parking.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 734.
The monthly association fee of $670 is relatively high for this price point, which may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
Built in 1980, the property and complex may soon require capital improvements or face increased maintenance costs associated with 40-plus-year-old building systems and common areas.
Whether you are a first time home Buyer or looking for a second home getaway, this Brookside beauty is the one you've been waiting for. Convenient and private location on a Cul-De-Sac. This stylish 2 Bedroom/2 Bath Condo features vaulted ceilings, gas fireplace in living room, custom sliding barn door in primary bedroom, two patios, south facing balcony off living room to relax and enjoy the clean air & sunshine. Association fee includes swimming pool, spa, covered parking, water, trash and property management. Don't let this charming condo pass you by!
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 9-12 • 2.8 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,316 | 1,316 | 50% |
| Lot Size | 871 | 871 | 50% |
| Price | $609.0K | $609.0K | 50% |
| Price per sq ft | $463 | $463 | 50% |
| Built year | 1980 | 1987 | 33% |
| HOA | $670 | $670 | 50% |
| Days on market | 36 | 131 | 33% |
Jun 6, 2026
$609,000
$619,000
-2% Price Drop
Initial Listing
May 1, 2026
$619,000
Initial Listing
Feb 9, 2024
$555,000
Public Record
Jun 2, 2021
$460,000
Public Record
Feb 8, 2013
$162,000
Public Record
Sep 17, 2002
$270,000
Public Record
Sep 15, 2000
$99,000
Public Record
Aug 10, 2000
$197,500
Public Record