425 1st ST Solvang CA 93463 MLS #26816075

MLS #26816075 image #0
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).
Current real estate data for Land in Solvang as of May 05, 2026
1
Land Listed
8
Avg DOM
$2,000,000
Avg List Price

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)
Vang – SolvangVangsolvangPark/greenbelt

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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. To schedule a showing of MLS#26816075 at 425 1st ST in Solvang, CA, contact your Outland and Associates / JoAnn Outland agent at 8054417754.

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425 1st ST
Solvang, CA