425 1st Street, Solvang, CA 93463
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
425 1st Street,Solvang, CA 93463
$2,000,000
- 0.49 Acres
- Lots / Land
- Active
Listed by: hooman emanuel
Office: keller williams studio city
MLS#:CL26816075
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$2,000,000
About this home
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).
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Home facts
- Listing ID #:CL26816075
- Added:93 day(s) ago
- Updated:July 30, 2026 at 02:46 PM
Structure and exterior
- Lot area:0.49 Acres
- Architectural Style:Unimproved Land
Finances and disclosures
- Price:$2,000,000
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