LOT SIZE 0.490 acres
MLS#26816075
STATUSActive
PROPERTY TYPELand - Residential
Listing Courtesy of:
Keller Williams Studio City
Agency Phone: 818-432-1500
Associate Name: Hooman Emanuel
Listing Shown by:
Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Property Description
425 1st Street in Solvang presents a rare 21,344 SF VMU (Village Mixed Use) development site located just one block from Copenhagen Drive in the heart of the city's high-traffic tourism corridor. The property, formerly the Water Wheel building and scheduled for demolition, offers a true clean-slate opportunity for a variety of uses including boutique hotel, mixed-use, residential, or senior housing. Positioned within the highly desirable Santa Ynez Valley, the site benefits from strong tourism demand, walkability to shops, restaurants, and tasting rooms, and a significant lack of new boutique hotel supply. VMU zoning provides flexibility for multiple development strategies, with potential to increase density through California State Density Bonus Law (buyer to verify).
Property Features
Property Type: Land - Residential
Lot Size: 0.49 Acres
Feature Descriptions
Days on Site: 25
Parcel#: 139192024
Special View Info: City Lights, Park/Greenbelt, Mountain(s)
Listed By / Shown By
Listed By
Agency Name: Keller Williams Studio City
Agent Name: Hooman Emanuel
Agency Phone: 818-432-1500
Shown By
Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Estimate Your Payment
Estimated Payment
$ 5,034.47 per month $4,451.13 Principal & Interest $0.00 Property Tax (data not provided by mls) $583.33 Homeowner's Insurance
425 1st Street | MLS# 26816075
This land located at 425 1st Street, Solvang, CA 93463 is currently listed for sale with an asking price of $2,000,000. The property has approximately 0.49 Acres. Search Solvang real estate on www.farrellsmyth.com today.