425 1st

Solvang, CA, 93463
For Sale $2,000,000
  • 0.49acre
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).
Listing agent:
Hooman Emanuel
License #1200237
Keller Williams Studio City

Let's talk

Interested in this property or one like it?
Reach out today to talk with advertising agent The O'Herlihy Group:

425 1st is a Land property located in Solvang, California, featuring a 0.490 acre lot, MLS #26816075.

Based on information from one of the following Multiple Listing Services: CRMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Trestle and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.

Data last modified: 2026-05-05 07:21:20

Our Offices

Malibu Office

Cormac & Wailani O'Herlihy
Sotheby's International Realty
23732 Malibu Road
Malibu, CA 90265

Channel Islands Office

Cormac & Wailani O'Herlihy
Sotheby's International Realty
3600 Harbor Blvd
Oxnard, CA 93035