425 1st Street
Solvang, CA 93463
21,344Sqft(Lot)
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
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Map
What's Nearby
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Features
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Lot Information
Main Square Feet: 21344 Lot Size Acres: 0.49 Lot Size Square Feet: 21,344
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Listing Price Information
Listing Price: $2000000
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Tax Information
Parcel Number: 139192024
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Location Information
Direction: South of Copenhagen and West of Alisal
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 971 Canyon Ridge Road, Solvang, CA, 93463 | $9,000 | -- | -- | -- | 875,556 Sqft(Lot) |
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ByOwner last updated this listing 07/31/2026 @ 22:24
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