
SOLVANG, CA 93463
This Spacious Canyon Retreat presents a High-Potential Investment Opportunity with a List Price of $1,385,000—positioned above the $1,300,083 Fair Market Value. While the property requires modernization, its Condition Rating of 4 reflects a well-maintained structure with significant upside through cosmetic updates. The expansive 68,389 sq. ft. lot and serene wooded canyon views provide a rare, private setting. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to customize a substantial home in a tranquil, high-demand location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 850 Fredensborg Canyon Road Subject | $1,385,000* List Price | 4 | 2 | 2,256 | $576 | - |
A 578 Pine Street Sold | $1,108,000 | 4 | 3 | 2,046 | $542 | 0.5 mi |
B 926 Nysted Drive Pending | $1,485,000 List Price | 3 | 2 | 2,180 | $681 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976 with renovations that appear to be 20-25 years old. The kitchen and bathrooms feature dated oak cabinetry and older tile work. While the property is well-maintained and functional, it is aesthetically dated and requires modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 68389, living area = 2256.
Situated on over 1.5 acres, this property offers exceptional privacy and significant space for outdoor living, gardening, or potential expansion in a desirable canyon setting.
The property provides a rare, peaceful atmosphere ideal for stargazing and quiet evenings, appealing to buyers seeking a secluded lifestyle away from city noise.
Built in 1976, the home may necessitate modern upgrades to its core systems and interior finishes to meet current market expectations and energy efficiency standards.
The massive 68,389-square-foot lot entails higher maintenance responsibilities, including essential brush clearance for fire safety and extensive landscaping management.
quiet evenings under the stars. This is a rare opportunity to own a home that truly feels like a retreat.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 2.0 | 3.0 | 33% |
| Square foot | 2,256 | 2,233 | 50% |
| Lot Size | 68,389 | 18,077.4 | 79% |
| Price | $1.39M | $1.60M | 42% |
| Price per sq ft | $614 | $692 | 29% |
| Built year | 1976 | 1984 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 267 | 4% |
May 15, 2026
$1,385,000
Initial Listing
May 20, 2010
$661,000
Public Record