425 1st Street Solvang, CA ^$ 2,000,000

425 1st Street

^$ 2,000,000

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Recently Listed

425 1st Street

Solvang, CA, 93463

^$ 2,000,000

Studio Baths0.0

Monthly Estimate*

^$ 12,314

Listed by Keller Williams Studio City

425 1st Street, Solvang, CA 93463 - Image 1

425 1st Street, Solvang, CA 93463 - Image 2

425 1st Street, Solvang, CA 93463 - Image 3

425 1st Street, Solvang, CA 93463 - Image 4

425 1st Street, Solvang, CA 93463 - Image 5

425 1st Street, Solvang, CA 93463 - Image 6

Studio

Lots and Land for sale in Solvang, CA

for $2,000,000. The lot size is 0.49.

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).

Lots and Land Active

Price

^$ 2,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

0.49

Town/City

Solvang

County/Region

Santa Barbara

MLS | Web ID

26816075

Days on Market

Features

General

View City Lights Park/Greenbelt Mountain(s)

County Santa Barbara

New Construction false

Property Type Land

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions South of Copenhagen and West of Alisal

City Solvang

Senior Community Y/N false

MLS Area VANG - Solvang

Lot Size Units Square Feet

Lot Size Square Feet 21344

Standard Status Active

Interior

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Baths 0

Exterior

Total Parking 0

Lot Size Area 21344

Lot Size Acres 0.49

* Excluded Features

List By

Keller Williams Studio City

Broker

hemanuel126@gmail.com

Affordability Calculator

$12,314

Per Month

Monthly Principal & Interest: $12,314
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Solvang, CA

Average List Price ^$0

Percent of Sale Price 100%

About Solvang, CA

5,701 Population

6% Since 2002

^$68,399 Median Income

45.6 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/28/2026	$2,000,000		Listed Price

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425 1st Street, Solvang, CA, 93463 is a Lots and Land for sale at $2,000,000 with a lot size of 0.49. 425 1st Street is a studio with 0.0 baths. The property's zip code is 93463 which is in Solvang, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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425 1st Street

Lots and Land for sale in Solvang, CA

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