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).
Property Details
Price:
$2,000,000
MLS #:
26816075
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
vangsolvang
Listed Date:
Apr 27, 2026
Lot Size:
21,344 sqft / 0.49 acres (approx)
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Community
- Address425 1st ST Solvang CA
- CitySolvang
- CountySanta Barbara
- Zip Code93463
Market Summary
Property Summary
- 425 1st ST Solvang CA is a Land for sale in Solvang, CA, 93463. It is listed for $2,000,000 and features 0 acres.
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Courtesy of Keller Williams Studio City. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 425 1st ST
Solvang, CA