$450,000
$489,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
376 1St ST Solvang, CA 93463
7,405 Sqft Lot
Key Details
Sold Price $450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20651254
Sold Date 07/13/21
HOA Y/N No
Land Lease Amount 16800.0
Year Built 2000
Lot Size 7,405 Sqft
Property Description
The tiny city of Solvang is a Danish village from 1911 that resembles an authentic Disneyland. Tourists flock for the pastoral atmosphere, wine tasting, festivals and shops. It's a caring community, safe and welcoming, happy to share the paradise they treasure. There is little land left to develop. Zoning prevents sub-division which is what makes this parcel so rare. It is located in the favored Tourist Commercial zoning that permits, retail, commercial and tourist-related residential commercial. Now, there is a great demand for the entire Santa Ynez Valley which is limited to a total of 28,000 people. The pressure from that demand is reflecting in prices."Buy land, they are not making any more of it". Especially land in Solvang with any kind of commercial potential. It is year-round no vacancy on weekends. most of Copenhagen Drive is closed to traffic for tourism. You can capitalize on this!
Location
State CA
County Santa Barbara
Area Ynez - Santa Ynez Valley
Zoning TRC-tourist retail comm
Interior
Heating None
Cooling None
Fireplace No
Exterior
Garage Garage
View Y/N Yes
View City Lights
Roof Type Asbestos Shingle
Parking Type Garage
Total Parking Spaces 10
Building
Faces West
Story 1
Foundation Slab
Sewer Other
Architectural Style Traditional
New Construction Yes
Others
Senior Community No
Tax ID 139214012
Special Listing Condition Standard
Lease Land No
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Bought with Jeanne Hollingsworth • Jeanne Hollingsworth