320 5th Street, Solvang, CA 93463

$1,515,000 Asking Price

3 beds
2 baths
2,292  sqft
Built in 1956

Whether you're seeking a charming weekend Wine Country retreat or an investment opportunity, this fantastic in-town property offers incredible potential. Featuring a beautifully remodeled 3-bedroom, 2-bath home with a bonus room, highlighted by gorgeous hardwood and Saltillo tile floors, a beautifully designed kitchen with a farmhouse sink and custom island, and a walled and gated courtyard. The light-filled patios and covered outdoor dining area create a perfect setting for relaxation. Nestled on a prime corner lot, the sanctuary-like Zen gardens provide a peaceful escape, all while being just two blocks from downtown Solvang. Alternatively, if you're seeking an investment opportunity this lot is zoned DR-20 Design Residential (20 units per acre--buyer to verify with the city), this buildable lot provides significant development possibilities. Approved for home business use by the City of Solvang, it's currently licensed by the owner. With its existing layout, the property can be easily converted into a triplex, aided by the three electrical meter sites already in place, a spacious downstairs footprint, and a 700+ sq. ft. upstairs area accessible from both inside and outside. Don't miss this rare chance to own a highly desirable, buildable lot in a prime location!

Features & Amenities

Interior

Laundry:
Inside
Flooring:
Tile,Wood
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
N/K

Exterior

General:
Stucco
Pool:
None
Parking:
Parking spaces: 0

Construction

Roofing:
Composition
General:
2 Story

Location

County:
Santa Barbara

Lot

Zoning:
139200013
View:
N/K

Utilities

Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
Berkshire Hathaway Home Services California Properties, Laura Drammer

About Solvang, CA

Housing

Number of Units
3,601
Median Home Value
$833,621
Median Rent
$1,443

37.71% of housing units are renter occupied.

7.53% are vacant.

Commute

Car
55.90%
Public Transportation
0.62%
Walk to Work
3.45%
Work from Home
39.72%
Other
0.02%

The median travel time to work is 16 minutes.

People

Population
8,211
Median Age
46.90
Median Household Size
2.60

Education

High School
16.49%
Associate’s Degree
9.25%
Bachelor’s Degree
26.73%
Graduate Degree
16.25%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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