Solvang Development Site For
For Sale
$2,000,000
425 1st St, Solvang, CA 93463
LAND - Solvang, CA
Property SizeContact for details
Lot Size0.49 Acres
Days on Market102
Property Features for 425 1st St
General Information
Property type
Land
Property subtype
Other
View
City, Mountains
Directions
South of Copenhagen and West of Alisal
Subdivision
Solvang
Standard status
Active
APN
139-192-024
Lot size
0.49 Acres
Listing Agency:
Keller Williams Studio City · Keller Williams Realty
(818) 432-1500
Listed By:
Hooman Emanuel · License #01200237
(818) 335-0923
Added: Apr 27
Changed: May 13
Last Checked: Aug 6 at 8:06AM
MLS# 26816075
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located one block from Copenhagen Drive in Solvang, this 21,344 SF development site at 425 1st Street offers a development opportunity in the city's high-traffic tourism corridor. The property, formerly the Water Wheel building and scheduled for demolition, is a clean-slate opportunity for various uses, including a boutique hotel, mixed-use development, residential units, or senior housing. Situated in the Santa Ynez Valley, the site benefits from tourism demand and walkability to shops, restaurants, and tasting rooms. There is a lack of new boutique hotel supply in the area. The VMU (Village Mixed Use) zoning provides flexibility for multiple development strategies, with the potential to increase density through California State Density Bonus Law (buyer to verify). The lot size is 0.49 acres.
Key Highlights
- Prime 21,344 SF VMU development site in Solvang's high‑traffic tourism corridor.
- Rare clean‑slate opportunity for boutique hotel, mixed‑use, residential, or senior housing development.
- Located in the highly desirable Santa Ynez Valley with strong tourism demand.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
986
Businesses Nearby
Explore this area
Business Placement
Demographics for 93463, CA
8,731
Population
3,672
Households
2.4
Avg Household Size
52
Median Age
44%
College-Educated
94%
High-School Grad
33.9 sq mi
ZIP Area
258
Density / Sq Mi
$130,123
Median Household Income
$53,188
Median Earnings
$1,895
Median Rent
$1,044,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 21,344 SF development site in Solvang's tourism corridor.
Where is this commercial land located?
The property is located at 425 1st St Solvang, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Prime 21,344 SF VMU development site in Solvang's high‑traffic tourism corridor.; Rare clean‑slate opportunity for boutique hotel, mixed‑use, residential, or senior housing development.; Located in the highly desirable Santa Ynez Valley with strong tourism demand.
