970 college canyon Road, Solvang, CA 93463, Solvang, 93463 - 4 bed, 5 bath
ACTIVE$3,450,000$3,440/sqft
Est. Value: $3,473,434
%
FairlyEstimate
970 college canyon Road, Solvang, CA 93463
4Beds
5Baths
3,440Sqft
217,800Lot
Price Vs. Estimate
The estimated value ($3,473,433.7) is $23,433.7 (0%) lower than the list price ($3,450,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 217800, living area = 3440.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =217800, other record lot size in square feet = 228254.
Compared to the nearby listings
Price:$3.45M vs avg $1.76M (+$1,690,000)91%
Size:3,440 sqft vs avg 2,242 sqft91%
Price/sqft:$1.0K vs avg $73291%
More Insights
Built in 1900 (126 years old).
Condition: Despite being built in 1900, the property has clearly undergone a comprehensive and high-quality renovation. The kitchen features modern stainless steel appliances, new light wood cabinetry, stone countertops, and recessed lighting. Bathrooms are exceptionally stylish and updated with high-end fixtures, including freestanding tubs, unique vessel sinks, and modern showers. New light hardwood flooring, fresh white paint, modern black-framed windows and sliding doors, and updated lighting are evident throughout. The exterior also shows recent updates with new siding and composite decking. All components appear new or virtually new, meeting current quality standards.
Year Built
1900
Close
-
List price
$3.45M
Original List price
-
Price/Sqft
$1,003
HOA
$0
Days on market
-
Sold On
-
MLS number
SR25272035
Home ConditionExcellent
Features
Excellent View:
Deck
View-
About this home
Step into a world of quintessential California ranch style living in this captivating 5 Acre country retreat. Privately situated at the end of a cul-de-sac amongst the rolling hills of the Santa Ynez valley this single story 3,440 sq ft home boasts 4 bedrooms 4.5 bathrooms. This gem is a testament to comfort, versatility, and breathtaking natural surroundings. Dont miss the opportunity to live in the desirable Fredensborg corridor (Ballard School District) in Santa Barbra county.
P
Prestin Persson
Listing Agent
Price History
Date
Event
Price
06/18/24
Sold
$1,759,500
04/18/24
Sold
$975,000
04/18/24
Sold
$775,000
Condition Rating
Excellent
Despite being built in 1900, the property has clearly undergone a comprehensive and high-quality renovation. The kitchen features modern stainless steel appliances, new light wood cabinetry, stone countertops, and recessed lighting. Bathrooms are exceptionally stylish and updated with high-end fixtures, including freestanding tubs, unique vessel sinks, and modern showers. New light hardwood flooring, fresh white paint, modern black-framed windows and sliding doors, and updated lighting are evident throughout. The exterior also shows recent updates with new siding and composite decking. All components appear new or virtually new, meeting current quality standards.
Pros & Cons
Pros
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 = 217800, living area = 3440.
Expansive Private Estate: This property offers a captivating 5-acre country retreat, privately situated at the end of a cul-de-sac amidst the rolling hills of the Santa Ynez Valley, providing unparalleled privacy and scenic beauty.
Desirable Location & School District: Located in the sought-after Fredensborg corridor within Santa Barbara County, it benefits from the highly regarded Ballard School District, enhancing its appeal to families.
Generous & Functional Living Space: The single-story 3,440 sq ft home features 4 bedrooms and 4.5 bathrooms, offering ample space, a desirable layout, and a high bath count for comfort and versatility.
Classic California Ranch Style: Embodying quintessential California ranch style living, the home offers a charming aesthetic and a lifestyle focused on comfort and integration with its natural surroundings.
No Association Fees: The absence of association fees provides a significant financial benefit, reducing ongoing ownership costs for the buyer.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =217800, other record lot size in square feet = 228254.
Historic Property Age: Built in 1900, the property's age may imply potential for significant maintenance, outdated systems, or the need for substantial renovations to meet modern standards, which are not explicitly detailed.
Aggressive Pricing Strategy: The current list price of $3.45 million represents a substantial increase from recent sales (e.g., $1.76 million in June 2024), which could indicate an aggressive pricing strategy or a significant, undocumented renovation that may require strong justification to potential buyers and appraisers.
Lack of Detailed Modern Upgrades: For a luxury property of this age and price point, the description lacks specific details on recent renovations, energy efficiency, or high-end modern amenities, which discerning buyers often expect.