393 Alisal Road, Solvang, CA

$2,095,000

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4

Baths

2,273

Square feet

0.11

Acres

Active

 

About 393 Alisal Road

Exceptional Investment & Development Opportunity in the Heart of Solvang Rarely does a property offering this level of flexibility, income potential, and prime location come to market. This unique offering includes two contiguous legal parcels totaling four separate dwellings, extensively remodeled in 2023 and ideally situated on a highly visible corner in downtown Solvang within the City's desirable Village Mixed Use (VMU) zoning district. The first parcel, 393 Alisal Road (APN: 139-214-002), features a charming 2-bedroom, 1-bath residence and a detached 1-bedroom, 1-bath studio, both currently operating as successful short-term vacation rentals. The second parcel, 1688 Oak Street (APN: 139-214-001), includes a 1-bedroom, 1-bath residence currently leased as a long-term rental, along with a separate 1-bedroom, 1-bath studio operating as a short-term vacation rental. With four income-producing units spread across two legal lots, this property presents a rare opportunity for investors, owner-users, or developers seeking multiple revenue streams and future flexibility. The Village Mixed Use (VMU) zoning allows for a wide range of potential residential, commercial, and mixed-use applications, making this an attractive long-term asset on a highly visible Solvang corner. All seller-owned furnishings are included in the sale, providing a turnkey opportunity for continued rental operations. Please do not disturb tenants

Features of 393 Alisal Road

MLS® # 26001160
Price $2,095,000
Bathrooms 4.00
Full Baths 4
Square Footage 2,273
Acres 0.11
Year Built 1928
Type CM Ind/Bus Op-Sale
Sub-Type Business
Status Active

Community Information

Address 393 Alisal Road
Area Santa Ynez Valley
Subdivision Not Applicable
City Solvang
County Santa Barbara
State CA
Zip Code 93463

Amenities

Utilities Cable Available
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Electric
Cooling Central Air, Wall/Window Unit(s)
# of Stories 1

Exterior

Lot Description Corner Lot
Roof Fiberglass, Concrete
Construction Wood Siding, Other
Foundation Raised, Slab

Additional Information

Date Listed June 13th, 2026
Zoning See Remarks
Foreclosure No

Listing Details

AgentEvan Lash
OfficeGrand Avenue Real Estate
Contact Info805-450-9596

Listing Map

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