317 5th Unit C, SOLVANG, CA 93463, SOLVANG, 93463 - 1 bed, 2 bath
Loading property details...
SOLVANG, CA 93463
This single-level Solvang condominium is a Prime Investment Opportunity listed at $549,000—positioned well below the $563,241 Fair Market Value by 2%. This valuation gap offers $14,241 in Instant Equity for buyers. Featuring a Condition Rating of 3, the home includes a rare fenced backyard and forested greenbelt view just steps from downtown. Its proximity to the wine trail and updated kitchen finishes provide significant lifestyle appeal and rental demand. This is an ideal acquisition for Owner-Occupants or vacation home seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 317 5th Unit C Subject | $549,000* List Price | 1 | 2 | 830 | $679 | - |
A 417 Ash Lane Sold | $590,000 | 2 | 1 | 933 | $632 | 0.1 mi |
B 1498 Aarhus Drive C Active | $599,000 List Price | 1 | 1 | 820 | $730 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, showing clear signs of partial updates. While the 1988 construction is evident in the original oak cabinetry and tiled countertops in the primary bathroom, the home features several modern upgrades including high-quality wood-look laminate flooring, updated stone countertops in the kitchen, and a fully renovated secondary bathroom with contemporary fixtures. The interior paint, hardware, and appliances appear to be in good condition, meeting the criteria for a well-kept home within its age bracket.
Ideally situated within walking distance to downtown Solvang's renowned bakeries and wine tasting rooms, offering a vibrant lifestyle while remaining secluded from the primary tourist noise.
This downstairs corner unit provides excellent accessibility with an all-one-level floor plan and a versatile den featuring French doors and built-in shelving.
The property includes a rare fenced backyard for exclusive use that borders a tranquil greenbelt, offering a private outdoor retreat seldom found in condominium living.
The association fee of $638 per month is relatively high for a one-bedroom unit, which may impact the overall affordability and investment yield for some buyers.
At 830 square feet with only one primary bedroom, the compact living space may be a constraint for those requiring more storage or room for a growing household.
You will love this corner, downstairs, 1 level home bordered by a greenbelt with exclusive use as your fenced back yd. Downtown Solvang, with all its quaint Danish architecture, central park, many restaurants, wine tasting & a plethora of bakeries! is just close enough, without feeling you're in the middle of the tourist buzz. This is a cozy, convenient place to come home to every day, for vacations in the renowned Santa Ynez Valley, or between tenants if you choose to rent. Granite counters in kitchen & EZ-care luxe vinyl T/O. The den/office has dual French doors w/ privacy panes, built-in shelves & a day bed to relax between office work, or after ''doing the wine trail'' with friends. Historic Maverick Saloon with country & rock, Chumash Casino are just 7minutes by car, or 30 by horse.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 17% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 830 | 1,541 | 17% |
| Lot Size | 871 | 1,287.1 | 33% |
| Price | $549.0K | $732.5K | 17% |
| Price per sq ft | $661 | $579 | 83% |
| Built year | 1988 | 1988 | 50% |
| HOA | $638 | $810 | 33% |
| Days on market | 6 | 153 | 17% |
Apr 16, 2026
$549,000
Initial Listing
Jul 13, 2022
$520,000
Public Record
Jun 30, 2020
$360,000
Public Record
Nov 2, 2015
$309,000
Public Record