1555 Dove Meadow Rd, Solvang, CA 93463

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Zestimate: $1,102,443 (get updates)
 
 
 

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Rent Zestimate: $3,158/mo

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  • Bedrooms:3 beds
  • Bathrooms:3 baths
  • Single Family:2,800 sq ft
  • Lot:20 acres
  • Year Built:1979
  • Heating Type:Forced air
Description
INCREDIBLE INVESTMENT OPPORTUNITY! This 20 Acre Parcel is at the very end of Dove Meadow Road, connects to Still Meadow road, and includes the cul-de-sac. Subdivision to 4 parcels is ready for resubmittal at PRELIMINARY MAP STAGE. A 5-acre lot just sold on Still Meadow December 2010 for $650,000!! The road is private, and connects to this 20 acres. Do the math. Four 5-acre lots times $650,000 equals $2,400,000. NOW ADD THE HOUSE! The 2800 sq ft stucco mediterranean style home, with tile roof, is perched on top of a knoll, with 360 degree views and panoramas of the Santa Ynez Valley. The home has a huge master bedroom with vaulted ceilings, walk-in closet, private bath, woodstove, and it's own private entrance with a lockoff to the rest of the house. The Hall. dining, and Kitchen floors are spanish tile and the rest of the rooms are carpet and vinyl. The 20-acre parcel is zoned for 5 acre parcels, and can be split to four parcels. The existing home thereby sits nicely on one of the four parcels. The subdivision has been taken to the preliminary map stage, with all surveys and investigations done. The property has deeded access to Still Meadow Road, so access on Dove Meadow Road is available for the home, but not required for the subdivision. No Through traffic will ever be allowed. Each of the four parcels is 5 acres, so there is adequate space on each one for a home and outbuildings, and perhaps a guest or granny unit. The owner is looking to presell the vacant parcels pending completion of the subdivision, or partner with another developer/builder, or sell the entire project. Call 707-303-5165. Water, electricity, Natural Gas and proven septic perc tests are available. Surveying and testing has been done for Biologics and Archeologics. The property is currently on month-to-month rental, with horses in the nicely fenced pasture. ALL THIS IS BEING OFFERED FOR $1,975,000!, 22APR12  MoreLess
    • CoolingUnknown
    • ParkingGarage - Attached, Garage - Detached
    • Basement TypeUnknown
    • FireplaceYes
    • Floor CoveringTile
    • AtticUnknown
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$1,102,443
+$50,679 Last 30 daysd
$970K
$1.25M
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$3,158/mo
+$431 Last 30 daysd
$1.3K
$5.7K
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Neighborhood for 1555 Dove Meadow Road

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Among 93463 homes, this home is valued 81.1% more than the midpoint (median) home, and is valued 26% more per square foot. Foreclosures will be a factor impacting home values in the next several years. In the 93463 market, the number of foreclosures waiting to be sold shrank 10.7% in the last year. The number of unsold foreclosures is 35.4% less than in Solvang, and 27.8% lower than the national average. This lower local number could help 93463 home values rise more quickly than other regions in Solvang.

Learn more about forecast calculations or 93463 home values.
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