959 E Hwy 246, SOLVANG, CA 93463, SOLVANG, 93463 - 3 bed, 4 bath

959 E Hwy 246, SOLVANG, CA 93463 home-pic-0

959 E Hwy 246

SOLVANG, CA 93463

ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
2,680Sq Ft
1,902,265.25Lot Size

Property Price

LIST PRICE$10,000,000

SUMMARY

Analysis of 959 E Hwy 246, SOLVANG, CA 93463 is currently available with a list price of $10,000,000. 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.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1960, the property has undergone a recent total interior refit. The home features a high-end modern kitchen with premium stainless steel appliances, waterfall-edge quartz countertops, and designer cabinetry. The bathrooms have been fully updated with contemporary vessel sinks and luxury fixtures. Throughout the home, there are new wide-plank floors, modern recessed lighting, and updated electrical/HVAC components, meeting the highest quality standards for a recently renovated estate.

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 = 1902265, living area = 2680.

  • Comprehensive Equestrian Facilities

    The estate features a professional-grade 20-stall show barn, multiple specialized arenas for dressage and cutting, and a half-mile conditioning track, catering to elite equestrian needs.

  • Turnkey Wine Business

    Includes a 10-acre vineyard with five varietals, an olive orchard, and an established wine label with a private club membership, offering an immediate lifestyle and business opportunity.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2680, other record living area = 2642.

  • Main House Scale

    With the main residence at approximately 2,680 square feet, the living space may feel undersized for buyers expecting a grander manor at a $10 million price point.

  • High Operational Complexity

    Managing a 10-acre vineyard, olive production, and a 20-stall equestrian facility requires significant specialized labor and high ongoing maintenance costs.

About 959 E Hwy 246

Bella Cavalli Farms & Vineyards is a breathtaking 43.67-acre vineyard and equestrian estate set amidst the rolling hills of the Santa Ynez Valley, offering an unparalleled blend of luxury and rural charm. This private estate showcases a beautifully crafted stone main house spanning approximately 2,680 square feet, with three spacious bedrooms all with on suite bathrooms and a powder bath, designed to capture the elegance of wine country living. A separate guest house provides additional accommodations, making it ideal for hosting family, friends, or extended stays. For wine enthusiasts, the estate features a meticulously maintained 10-acre vineyard with five distinct varietals, along with an olive orchard, offering the rare opportunity to produce your own wine and olive oil right at home. The equestrian amenities are equally impressive. The estate includes a 20-stall, architecturally stunning show barn that's both functional and beautiful, with ample space and thoughtful design for the care of prized horses. Multiple arenas cater to various riding disciplines, from the precision of dressage to the excitement of cutting, while a main arena with roping chutes and a half-mile conditioning track offer further training options. Five fully irrigated pastures provide ample grazing space, ensuring your horses' well-being. Also available is the wine label and private wine club membership, allowing you to enjoy and share your creations. A detailed list of recent total interior refit with upgrades and other improvements is also available upon request, underscoring the meticulous care that has been invested in every aspect of Bella Cavalli Farms & Vineyards. Select photos have been virtually renovated.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1960
Lot Size
1,902,265.25 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.03.0
76%
Square foot2,6802,297.5
64%
Lot Size1,902,265.2516,988.5
98%
Price$10.00M$1.29M
98%
Price per sq ft$3.7K$635
98%
Built year19601977
17%
HOA$0$0
50%
Days on market393234
69%

Pricing History

Listed for Sale

Feb 7, 2025

$10,000,000

Initial Listing

Sold

Nov 26, 2003

$2,350,000

Public Record

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