Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    818 Ballard Canyon Rd Solvang, CA 93463
    Property profile & analytics

    818 Ballard Canyon Rd, Solvang, CA 93463

    View on Map
    • Commercial real estate
    • 2,938 SF
    • 25.79 lot acres
    Off-Market
    Property ID
    US09-1322640
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 818 Ballard Canyon Rd

    Year built
    1977
    Lot size
    25.79 lot acres
    Property type
    Commercial real estate
    APN
    137-120-035

    Description

    This exceptional 25.79-acre estate in Solvang, CA, offers a unique blend of luxury living and equestrian amenities. The property features a beautifully renovated 2,938 sq ft, four-bedroom, four-bathroom home designed by Mark Hemming, boasting custom cabinetry, GE Monogram appliances, and breathtaking valley views. The home includes two wood-burning fireplaces, a wine bar, and a formal living room. Outdoor features include an infinity pool and spa, a newly constructed outdoor riding arena, and a mature fruit orchard producing a variety of fruits. The extensive equestrian facilities include a 10-stall indoor riding arena and a 14-stall barn (with two stalls currently used as a greenhouse), complete with a new roof, fresh exterior paint, an office, and a tack room. The property also benefits from a robust irrigation system. Located at the end of a cul-de-sac, this gated estate provides privacy and seclusion while remaining just 5 minutes from local amenities. The property's APN is 137-120-035, and it's offered at $3,995,000 ($1,359.77/sq ft). Built in 1977, this three-building property is a rare opportunity to own a piece of Solvang's prestigious horse country, ideally situated within the Ballard Canyon American Viticulture Area. The property's remote location offers tranquility, while its proximity to town ensures convenience. This is an ideal property for both equine enthusiasts and those seeking a luxurious country retreat.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Solvang
    County
    Santa Barbara
    State
    California
    Longitude
    -120.1723779
    Latitude
    34.6121477

    Comparable in this City

    • $3,500,000
      6,911 SF

      Mixed-Use Building in Solvang, CA

      Stunning mixed-use property with penthouse, restaurant, and rental income.
      437 2Nd St, Solvang, CA 93463
      View Details
    • $3,500,000
      6,911 SF

      Solvang Mixed-Use Building For Sale

      Stunning architectural building with penthouse, retail, and restaurant spaces.
      437 2Nd St, Solvang, CA 93463
      View Details
    • $3,499,000
      9,291 SF

      Solvang Multifamily Investment Opportunity

      Multifamily property with development potential in Solvang, California.
      1662 Eucalyptus Dr, Solvang, CA 93463
      View Details
    • $2,000,000
      0.49 Acres

      Solvang Development Site For Sale

      21,344 SF development site in Solvang's tourism corridor.
      425 1St St, Solvang, CA 93463
      View Details
    • $3,999,000
      6,911 SF

      Solvang Commercial Property for Sale

      Commercial property in Solvang, California, totaling 6,911 square feet.
      437 2Nd St, Solvang, CA 93463
      View Details
    • Contact for pricing
      Pending

      Boutique Hotel in Santa Ynez

      Charming 39-room European-style hotel with modern amenities.
      1440 Mission Dr, Solvang, CA 93463
      View Details

    Similar Nearby for Sale

    • $3,500,000
      6,911 SF

      Solvang Mixed-Use Building For Sale

      Stunning architectural building with penthouse, retail, and restaurant spaces.
      437 2Nd St, Solvang, CA 93463
      View Details
    • $3,500,000
      6,911 SF

      Mixed-Use Building in Solvang, CA

      Stunning mixed-use property with penthouse, restaurant, and rental income.
      437 2Nd St, Solvang, CA 93463
      View Details
    • $3,499,000
      9,291 SF

      Solvang Multifamily Investment Opportunity

      Multifamily property with development potential in Solvang, California.
      1662 Eucalyptus Dr, Solvang, CA 93463
      View Details
    • $2,000,000
      0.49 Acres

      Solvang Development Site For Sale

      21,344 SF development site in Solvang's tourism corridor.
      425 1St St, Solvang, CA 93463
      View Details
    • $425,000

      Established Fitness Business Opportunity

      Successful fitness business with two studio locations in Solvang and Orcutt.
      Solvang, CA 93463
      View Details
    • $5,300,000
      18,394 SF

      Solvang Office Building For Sale

      Professional office building in Solvang, CA, with flexible suite options.
      2029 Village Ln, Solvang, CA 93463
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,255 SF

      Retail Space Available For Rent

      Retail space available for lease in Solvang, California.
      1693 Mission Dr, Solvang, CA 93463
      View Details
    • $3,925 /Mo
      1,308 SF

      Solvang Office Space For Lease

      Medical/Dental office space in a mixed-use Solvang building.
      533 4Th Pl, Solvang, CA 93463
      View Details
    • Contact for pricing
      900 SF

      Refurbished Office Space with Views

      Private office suite with views, near Buellton and Solvang.
      1050 Highway 246 E, Solvang, CA 93463
      View Details
    • Contact for pricing
      17,400 SF

      Retail Space Available For Rent

      Retail space available for rent in Solvang, California.
      608-616 Alamo Pintado Rd, Solvang, CA 93463
      View Details
    • Contact for pricing

      Leased Retail Property in Solvang

      100% leased retail property located in Solvang, California.
      280 Alisal Rd, Solvang, CA 93463
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    818 Ballard Canyon Rd
    Solvang, CA 93463
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    818 Ballard Canyon Rd, Solvang, CA, 93463
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!