801 E Highway 246, SOLVANG, CA 93463, SOLVANG, 93463 - 4 bed, 3 bath
801 E Highway 246
SOLVANG, CA 93463
Property Price
SUMMARY
Analysis of 801 E Highway 246, SOLVANG, CA 93463 is currently available with a list price of $7,995,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property features high-quality, specialized equestrian facilities including a newly constructed training track; however, the primary manager's residence dates back to 1977. With no interior images provided or mentions of recent residential renovations, the home is assessed as fair, likely requiring modernization of the kitchen, bathrooms, and systems to meet contemporary standards.
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 = 5445000, living area = 2151.
- World-Class Equestrian Infrastructure
The property features a newly constructed training track, over 50 stalls across multiple barns, and a comprehensive breeding complex with a veterinary lab and offices.
- Expansive Multi-Parcel Land
Spanning approximately 125 acres across three separate parcels, the estate offers significant scale and potential for future development or strategic land use.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5445000, other record lot size in square feet = 2252487.
- Dated Residential Structure
The primary manager's residence dates back to 1977 and may require significant modernization or renovation to align with the high-end nature of the specialized facilities.
- Operational Complexity
The sheer scale of the 125-acre grounds and extensive specialized buildings demands high ongoing maintenance costs and professional management expertise.
About 801 E Highway 246
Spanning approximately 125 acres across three parcels, this exceptional property offers extensive equestrian facilities and vineyards. Highlights include a newly constructed training track, a 24-stall barn, a 28-stall barn, and a fully equipped breeding complex with a breeding barn, veterinary lab, offices, a 6-stall stallion area, and a 6-stall foaling area. Additional amenities include a four-bedroom managers residence, an arena, a round pen, equipment buildings, and multiple fenced, irrigated pastures. There is a long term equine tenant on the property. High visibility Hwy 246 frontage. Extensive detailed information available upon request.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 5,445,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | 4.0 | 3.0 | 69% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,151 | 2,267 | 40% |
| Lot Size | 5,445,000 | 16,988.5 | 98% |
| Price | $8.00M | $1.29M | 98% |
| Price per sq ft | $3.7K | $635 | 98% |
| Built year | 1977 | 1977 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 210 | 226 | 45% |
Pricing History
Listed for Sale
Aug 9, 2025
$8,895,000
Initial Listing
Sold
Oct 29, 2020
$6,000,000
Public Record