533 Pine Street, SOLVANG, CA 93463, SOLVANG, 93463 - 2 bed, 2 bath
533 Pine Street
SOLVANG, CA 93463
Property Price
SUMMARY
Analysis of 533 Pine Street, SOLVANG, CA 93463 reveals a Prime Investment Opportunity with a current list price of $1,350,000—significantly undercutting the $1,459,358 Fair Market Value by 7%. This valuation gap indicates a +$109,358 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the SOLVANG Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 533 Pine Street Subject | $1,350,000* List Price | 2 | 2 | 864 | $1,689 | - |
A 1665 Laurel Avenue Sold | $1,539,000 | 4 | 4 | 840 | $1,832 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1925, this Craftsman home has been extensively revitalized and modernized. The property features a fully updated kitchen with modern conveniences, curated lighting, and original wood floors in top condition. Significant recent improvements include a remodeled garage and attached studio, as well as a completely reimagined backyard with a new lawn, patio, and pergola, meeting the criteria for a high-quality, comprehensive renovation with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 10890, living area = 864.
- Authentic Craftsman Character
This 1925 home beautifully preserves its historic integrity with original wood floors, stained glass accents, and period built-ins, seamlessly integrated with a modern, updated kitchen.
- Versatile Bonus Spaces
The property includes a remodeled garage and attached studio, plus a vintage travel trailer, offering exceptional flexibility for a home office, creative studio, or guest accommodations.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Limited Interior Square Footage
With only 864 square feet in the main residence, the living space is quite compact, which may be restrictive for families or those requiring significant indoor storage.
- High Price per Square Foot
The list price of $1.35 million reflects a premium valuation for the area relative to the primary home's size, potentially challenging buyers focused on interior volume.
About 533 Pine Street
533 Pine Street introduces a beautifully revitalized 1925 Craftsman just moments from Solvang's beloved dining, shopping, and schools. This inviting two‑bedroom, one‑bath home is an exceptional opportunity for a single person, couple or small family eager to embrace the coveted Santa Ynez Valley lifestyle. The spacious, updated kitchen blends modern convenience with the timeless character that defines the home. Step through the charming French front door into a warm dining and lounge area highlighted by period built‑ins. Original wood floors, stained glass accents, and thoughtfully curated lighting elevate the home's authentic Craftsman appeal. The light‑filled living room offers an ideal place to unwind, with an effortless sense of comfort and coziness. The remodeled garage and attached studio expand the property's versatility perfect for a game room, home office, creative studio, or additional living space. Outdoors, the property shines with classic curb appeal: a welcoming front lawn and porch framed by white picket fencing and glimpses of the surrounding mountains. The backyard has been completely reimagined with a new lawn, mature olive trees, and a generous patio just off the kitchen is ideal for entertaining. A pergola and firepit anchor the rear of the property, creating a serene retreat for enjoying those magical Santa Ynez Valley evenings. Adding to the charm is a vintage travel trailer, currently on site and may transfer with the property offering a unique and memorable space for guests. With two parallel driveways providing excellent off street parking, this property blends character, comfort, and convenience in one of Solvang's most desirable locations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 10,890 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 864 | 2,267 | 7% |
| Lot Size | 10,890 | 16,335.1 | 36% |
| Price | $1.35M | $1.29M | 57% |
| Price per sq ft | $1.6K | $635 | 95% |
| Built year | 1925 | 1977 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 226 | 5% |
Pricing History
Listed for Sale
Feb 2, 2026
$1,350,000
Initial Listing
Sold
Dec 10, 2021
$1,000,000
Public Record
Sold
Aug 3, 2018
$505,000
Public Record
Sold
Aug 12, 2015
$547,500
Public Record
Sold
Mar 31, 2005
$622,000
Public Record
Sold
Aug 8, 2003
$425,000
Public Record
Sold
Jan 24, 2002
$310,000
Public Record