409 1st Street Pending

Solvang,CA 93463

$ 4200000

- Bed

- Bath

10611 SqFt


Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Pending

Purchase Type For Sale

Square Footage 10,611 sqft

Price per Sqft $395

MLS Listing ID 25000523

Year Built 1993

Lot Size 6,970 Sqft

Property Sub-Type Hotel/Motel

Property Description

The Mirabelle Inn, a 13-room luxury boutique hotel and restaurant, presents a rare investment opportunity in the thriving Santa Ynez Valley hospitality market. Located in downtown Solvang, one of California's most visited wine country destinations, this turnkey property blends historic charm with modern amenities, offering immediate income generation and future upside potential.Designed in the Danish Provincial style, the Mirabelle Inn seamlessly aligns with Solvang's European-inspired architecture, featuring half-timbered facades, steeply pitched roofs, and classic Old-World detailing. The fully operational hotel includes an on-site restaurant, a third-floor lounge and a fourth-floor premier suite. Just steps from world-class tasting rooms, dining, boutique shopping, and the newly renovated Solvang Festival Theater, this prime location ensures strong occupancy rates and consistent demand from both leisure and corporate travelers.As Southern California's emerging wine and hospitality hub, the Santa Ynez Valley is increasingly recognized as ''LA's Wine Country,'' drawing national attention as a high-growth destination for luxury lodging and tourism. This unique offering stands as a high-performing asset in a supply-constrained market, positioned for long-term appreciation and multiple revenue streams.Financials available with executed NDA.

Location

State CA

County Santa Barbara

Area 38 - Santa Ynez Valley

Zoning Other

Interior

Heating Other Heat

Cooling Other

Exterior

Roof Type Tile

Building

Story 4

Foundation Slab

Sewer Public Sewer

Others

Acceptable Financing New Loan,Cash

Listing Terms New Loan,Cash

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