This rare Solvang investment opportunity features a multi-unit property spanning two streets, offering the flexibility to live in the main home while renting the duplex, or lease all three units for maximum income potential. The main home, located on Elm Avenue, features 2 bedrooms, 1 bathroom, plus an additional bonus room. Charming cottage-style details, a cozy fireplace with a custom mantel, and a fenced side and backyard that includes a large Tuff storage shed. Separately situated on Fir Street, the duplex provides rental income or multi-generational living.Unit A offers 1 bedroom and 1 bathroom.Unit B offers 2 bedrooms and 1 bathroom.The property also includes two 2-car garages with laundry hook-ups in both, complementing its functionality and appeal. All units are separately metered for utilities, enhancing convenience and long-term investment value. Ideally located near schools, parks, shopping, restaurants, and Solvang's renowned wine country attractions, this property offers an exceptional blend of lifestyle, flexibility, and income potential.
For sale
$1,645,000
1634 Elm Ave, Solvang, CA 93463
5beds
1,128sqft
Single Family Residence
Built in 1948
7,840 Square Feet Lot
$1,558,100 Zestimate®
$1,458/sqft
$-- HOA
What's special
Fenced side and backyardCharming cottage-style detailsAdditional bonus roomLarge tuff storage shed
- 131 days
- 266
- 9
Zillow last checked:
Listing updated:
Listed by:
Randy Freed DRE#: 00624274 805-895-1799,
Berkshire Hathaway HomeServices - Santa Barbara
Source: North Santa Barbara County MLS,MLS#: 26001067
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Lower
Heating
- Wall Furnace
Cooling
- None
Interior area
- Total structure area: 1,128
- Total interior livable area: 1,128 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached
- Attached garage spaces: 4
Features
- Stories: 2
- Fencing: Fenced Yard
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 139141008
- Zoning description: Multi-Fam R3
- Special conditions: Agent Rel/Princ
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Stucco
- Foundation: Raised, Slab
- Roof: Composition
Condition
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Green verification: None
- Energy efficient items: None
- Energy generation: None
Community & HOA
HOA
- Has HOA: No
Location
- Region: Solvang
Financial & listing details
- Price per square foot: $1,458/sqft
- Tax assessed value: $1,026,344
- Date on market: 6/2/2026
- Cumulative days on market: 132 days
- Listing terms: New Loan,Cash
Estimated market value
$1,558,100
$1.48M - $1.64M
$4,527/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Listed for sale | $1,645,000+93.5%$1,458/sqft |
Source:  North Santa Barbara County MLS #26001066 Report a problem | ||
| 7/20/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/15/2024 | Listed for rent | $2,800+27.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/4/2020 | Listing removed | $2,200$2/sqft |
Source: Owner Report a problem | ||
| 1/17/2020 | Price change | $2,200-4.3%$2/sqft |
Source: Owner Report a problem | ||
| 1/5/2020 | Listed for rent | $2,300$2/sqft |
Source: Owner Report a problem | ||
| 11/3/2015 | Sold | $850,000$754/sqft |
Source:  SBMLS #15-3079 Report a problem | ||
| 9/12/2015 | Listed for sale | $850,000+403%$754/sqft |
Source: Berkshire Hathaway HomeServices California Properties #1059273 Report a problem | ||
| 7/1/1998 | Sold | $169,000$150/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,026,344 +2% |
| 2025 | $10,856 +1.8% | $1,006,221 +2% |
| 2024 | $10,662 +1.7% | $986,492 +2% |
| 2023 | $10,486 +1.7% | $967,150 +2% |
| 2022 | $10,313 +1.6% | $948,187 +2% |
| 2021 | $10,147 +1.5% | $929,596 +1% |
| 2020 | $9,998 +2% | $920,066 +2% |
| 2019 | $9,800 +1.7% | $902,026 +2% |
| 2018 | $9,636 +1.7% | $884,340 +2% |
| 2017 | $9,474 +3.5% | $867,000 +2% |
| 2016 | $9,152 +51.5% | $850,000 +48.2% |
| 2015 | $6,040 -34.2% | $573,453 +2% |
| 2014 | $9,176 | $562,221 +19.3% |
| 2012 | -- | $471,273 +2% |
| 2011 | -- | $462,033 +0.8% |
| 2010 | -- | $458,581 -0.2% |
| 2009 | -- | $459,672 +2% |
| 2008 | -- | $450,660 +2% |
| 2007 | -- | $441,824 +2% |
| 2006 | -- | $433,162 +2% |
| 2005 | -- | $424,670 +132.2% |
| 2003 | -- | $182,929 +2% |
| 2002 | -- | $179,343 +2% |
| 2001 | -- | $175,827 +2% |
| 2000 | -- | $172,380 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 93463
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