87 Rio Vis · Solvang, CA 93463

$495,000

3 bd · 2.0 ba · 1,620 sqft · Manufactured · 238 Days on market

Built 2023 2,000 sqft lot Est $454k · 9% over

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +24.6/30.0
• DSCR +7.9/10.0
• 1% rule +6.4/10.0
• Schools +4.8/10.0
• Livability +3.8/5.0
• ARV discount +3.4/15.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy ba yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9-hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

Key facts

• Quartz countertops
• Farm sink
• Evolve stone accents

Tags

• QUARTZ COUNTERTOPS
• FARM SINK
• BARN DOOR-STYLE PANTRY
• LUXURY VINYL PLANK FLOORING
• DESIGNER TILE SHOWER
• EVOLVE STONE ACCENTS

Property features AI

Exterior

• Home design: Manufactured home; New construction; Listed building area: 1,620 (agent-provided); Manufactured home make: Skyline
• Construction: Composition/shingle roof
• Exterior features: Composite siding; Pillar/post/pier foundation

Interior

• Kitchen: Gas oven/range; Garbage disposal; Microwave; Refrigerator; Energy Star appliance(s)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating; Ceiling fans for cooling
• Interior features: Pantry
• Laundry & utility: Indoor laundry with gas hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $495k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($6k rent vs $495k).
• Recommended offer: $436k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 2.3% in Solvang — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#96 in CA, #3,502 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, employment A+; Watch: housing C-, commute D, cost of living F.
• Solvang Elementary (town): math 46% / reading 63% proficiency, ranked #104 of 517 in CA (top 20%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 71 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 719 units permitted in Santa Barbara County in 2024 (217 in 5+ unit buildings).
• At $5,628/mo this rent would consume 57% of the median local household income ($118k/yr) (locally 394% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $15k of value loss. Plan a longer hold.
• Santa Barbara County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 238 days — a 12% lower offer ($436k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 4y ago; this cycle's ask has dropped $55k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $150k; list at $495k implies a 230% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $435,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 238 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.14% ✓
• Cap rate: 8.78%
• Cash-on-cash: 8.87%
• DSCR: 1.39
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $453,600
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1400 fjord Dr #8	0.01mi	3/2.0	1,620 (0%)	11mo	$424,000	$262	91
89 Rio Vis	0.02mi	3/2.0	1,560 (-4%)	10mo	$435,000	$279	85
107 Sierra Vis	0.04mi	3/2.0	1,500 (-7%)	4mo	$475,000	$317	83
51 Via De Sol	0.11mi	2/2.0 (-1)	1,536 (-5%)	4mo	$130,000	$85	78
11 Paseo Del Rio	0.14mi	3/2.0	1,581 (-2%)	14mo	$445,000	$281	77
155 Val Verde	0.06mi	3/2.0	1,719 (+6%)	12mo	$590,000	$343	77
88 Rio	0.01mi	3/2.0	1,503 (-7%)	13mo	$345,000	$230	76
104 Sierra Vis #104	0.05mi	3/2.0	1,488 (-8%)	10mo	$417,000	$280	76
104 Sierra Vis	0.05mi	3/2.0	1,488 (-8%)	10mo	$417,000	$280	76
153 Val Verde	0.07mi	2/2.0 (-1)	1,440 (-11%)	0mo	$175,000	$122	73
8 Paseo Del Rio	0.12mi	3/2.0	1,440 (-11%)	16mo	$90,000	$63	63
9 Paseo Del Rio	0.13mi	2/2.0 (-1)	1,400 (-14%)	8mo	$400,000	$286	59

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -2.8%
• Equity multiple: 0.89×
• Total profit: $-14,847
• Equity at exit: $73,806

10-year hold

• IRR: 6.9%
• Equity multiple: 1.52×
• Total profit: $71,474
• Equity at exit: $42,799

Cash invested: $138,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 93463

• Active inventory: 71
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $5,628 medium
• Mortgage (P&I): −$2,596
• Tax est. 1.5%: −$619 /mo · $7,425/yr
• Insurance: −$206
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,182
• Net cashflow: $1,025

Break-even live

Break-even rent $4,330

Max offer price $495,000

Occupancy floor 77%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $123,750
• Closing costs: $14,850
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
137 3rd St Solvang, CA	3.0	3.5	2200	$7,250	$3.30	13d	1	0.22mi
1672 Eucalyptus Dr Unit A Solvang, CA	2.0	2.0	1220	$2,900	$2.38	13d	1	0.96mi
1722 Eucalyptus Dr Solvang, CA	3.0	2.0	1872	$4,000	$2.14	13d	1	1.04mi
1695 Overdel Ln Solvang, CA	3.0	2.0	2100	$6,500	$3.10	13d	1	1.30mi

Listing history 50 events

1. 2026-06-18
   days on market $495,000 Active 238 DOM
2. 2026-06-17
   days on market $495,000 Active 237 DOM
3. 2026-06-16
   days on market $495,000 Active 236 DOM
4. 2026-06-15
   days on market $495,000 Active 235 DOM
5. 2026-06-14
   days on market $495,000 Active 233 DOM
6. 2026-06-10
   days on market $495,000 Active 230 DOM
7. 2026-06-09
   days on market $495,000 Active 229 DOM
8. 2026-06-08
   days on market $495,000 Active 228 DOM
9. 2026-06-07
   days on market $495,000 Active 227 DOM
10. 2026-06-05
    days on market $495,000 Active 224 DOM
11. 2026-06-03
    days on market $495,000 Active 223 DOM
12. 2026-06-02
    days on market $495,000 Active 222 DOM
13. 2026-06-01
    days on market $495,000 Active 221 DOM
14. 2026-05-31
    days on market $495,000 Active 220 DOM
15. 2026-05-30
    days on market $495,000 Active 219 DOM
16. 2026-04-02
    price $495,000
17. 2025-12-27
    price $520,000
18. 2025-10-23
    listed $550,000 Active
19. 2023-08-17
    soldstatus $150,000 Closed 1096-char remark

    Show marketing remark (1096 chars)

    Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy ba yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9-hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

20. 2023-08-14
    historical 1214-char remark

    Show marketing remark (1214 chars)

    SELLERS ARE MOTIVATED AND ARE READY TO NEGOTIATE. OPEN HOUSE ON SATURDAY. COME TAKE ANOTHER LOOK/SEE.. Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy back yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9 hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

21. 2023-08-11
    soldstatus $150,000 Closed 1214-char remark

    Show marketing remark (1214 chars)

    SELLERS ARE MOTIVATED AND ARE READY TO NEGOTIATE. OPEN HOUSE ON SATURDAY. COME TAKE ANOTHER LOOK/SEE.. Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy back yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9 hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

22. 2023-07-26
    status Pending 1096-char remark

    Show marketing remark (1096 chars)

    Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy ba yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9-hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

23. 2023-07-18
    historical Active Under Contract 1214-char remark

    Show marketing remark (1214 chars)

    SELLERS ARE MOTIVATED AND ARE READY TO NEGOTIATE. OPEN HOUSE ON SATURDAY. COME TAKE ANOTHER LOOK/SEE.. Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy back yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9 hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

24. 2023-06-08
    status Active 1214-char remark

    Show marketing remark (1214 chars)

    SELLERS ARE MOTIVATED AND ARE READY TO NEGOTIATE. OPEN HOUSE ON SATURDAY. COME TAKE ANOTHER LOOK/SEE.. Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy back yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9 hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

25. 2023-06-07
    status Active 1096-char remark

    Show marketing remark (1096 chars)

    Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy ba yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9-hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

26. 2023-06-07
    status Pending 1096-char remark

    Show marketing remark (1096 chars)

    Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy ba yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9-hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

27. 2023-05-20
    historical Active Under Contract 1214-char remark

    Show marketing remark (1096 chars)

    Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy ba yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9-hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

28. 2023-05-20
    historical Contingent 1096-char remark

    Show marketing remark (1096 chars)

    Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy ba yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9-hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

29. 2023-05-17
    price $199,500 1096-char remark

    Show marketing remark (1214 chars)

    SELLERS ARE MOTIVATED AND ARE READY TO NEGOTIATE. OPEN HOUSE ON SATURDAY. COME TAKE ANOTHER LOOK/SEE.. Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy back yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9 hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

30. 2023-05-17
    price $199,500 1214-char remark

    Show marketing remark (1214 chars)

    SELLERS ARE MOTIVATED AND ARE READY TO NEGOTIATE. OPEN HOUSE ON SATURDAY. COME TAKE ANOTHER LOOK/SEE.. Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy back yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9 hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

31. 2023-04-03
    price $254,000 1096-char remark

    Show marketing remark (1214 chars)

    SELLERS ARE MOTIVATED AND ARE READY TO NEGOTIATE. OPEN HOUSE ON SATURDAY. COME TAKE ANOTHER LOOK/SEE.. Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy back yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9 hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

32. 2023-04-03
    price $254,000 1214-char remark

    Show marketing remark (1214 chars)

    SELLERS ARE MOTIVATED AND ARE READY TO NEGOTIATE. OPEN HOUSE ON SATURDAY. COME TAKE ANOTHER LOOK/SEE.. Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy back yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9 hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

33. 2023-01-11
    listed $279,000 Active 1096-char remark

    Show marketing remark (1096 chars)

    Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy ba yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9-hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

34. 2023-01-10
    listed $279,000 Active 1214-char remark

    Show marketing remark (1214 chars)

    SELLERS ARE MOTIVATED AND ARE READY TO NEGOTIATE. OPEN HOUSE ON SATURDAY. COME TAKE ANOTHER LOOK/SEE.. Facelift for this Golden West home in the Rancho SY Estates. First you notice the change of the exterior paint, which has been completely re-painted. This home boasts a comfortable ambiance, freshly cleaned carpet, spacious, not over whelming. Family room with easy direct access to the kitchen. Sold with all the appliances. Living room/ dining room have light from the windows along the front of the home which are north facing. Two bedrooms, master with attached bathroom, dual sinks tub/stall shower, new commode & freshly painted. Large walk -in closet. The guest bedroom has wall to wall closet. Guest bath has tub, new paint and new commode. There is covered front enclosed porch and a small vinyl fenced area. On the carport side there are two sheds. On the southside is a small grassy back yard. This home does have Central heat and AC. The space rent includes all of the park amenities, club house, pool, spa, gym, billiard room, bocce court, 9 hole golf course and walking paths along Fjord. All for $1277.00 per month. This is a senior park 55+, second person to be 45 years of age.

35. 2022-10-26
    soldstatus $103,000 Closed
36. 2022-10-26
    soldstatus $103,000 Closed
37. 2022-10-13
    historical Active Under Contract
38. 2022-10-13
    historical Contingent
39. 2022-09-28
    price $181,000
40. 2022-09-28
    price $181,000
41. 2022-09-27
    status Active
42. 2022-09-27
    status Active
43. 2022-09-07
    historical Contingent
44. 2022-09-07
    historical Active Under Contract
45. 2022-08-22
    status Active
46. 2022-08-18
    status Active
47. 2022-08-17
    status Pending
48. 2022-08-10
    historical Active Under Contract
49. 2022-08-10
    historical Contingent
50. 2022-08-03
    listed $197,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 24% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 3/10 Moderate 7 d/yr ≥91°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 8 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $67,531
• − Mortgage interest: −$27,728
• − Property taxes: −$7,425
• − Insurance: −$2,475
• − Repairs & maintenance: −$5,402
• − Management: −$5,402
• − Depreciation: −$14,400
• Taxable income: $4,698
• Est. tax owed @ 24.0%: −$1,128
• After-tax cash flow: $11,172/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Solvang Elementary
• NCES district ID: 0637110
• Math proficiency: 46% ▼ -22.00%
• Reading proficiency: 63% ▼ -5.00%
• Median HH income: $65,321
• Composite: 47.91/100
• National rank: #2211
• State rank: #104 of 517 in CA

Livability — Solvang

• Score: 76/100
• State rank: #96
• US rank: #3502

Category grades

Amenities B+ Commute D Cost of living F Crime A+ Employment A+ Housing C- Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Solvang, CA
• County: Santa Barbara County · 410,380 people
• City population: 8,130
• Metro: Santa Maria-Santa Barbara, CA
• Population (ZIP): 8,130
• Household income: $118,488
• Rent vs Own: 40.3% rent · 59.7% own
• Severe rent burden: 394.0

Population outlook (Santa Barbara County) Hauer SSP2

• Today (2025): 484,679 people
• By 2030: 505,323 · +4.3%
• By 2040: 545,783 · +12.6%
• By 2050: 584,263 · +20.5%
• By 2075: 682,586 · +40.8%
• By 2100: 723,188 · +49.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 19% Two or more races 14% Asian 3%
• Hispanic origin (detail): Mexican 16%
• Common ancestry: Slovak 5% Lithuanian 3% Iranian 2%
• Foreign-born: 15% · Canada, China, Dominican Republic
• Languages at home: 77% English-only · Spanish 15% Chinese 2% Arabic 2%

Political lean MEDSL · Santa Barbara

• 2024 margin: Strong D (+26.7) · D 61.8% · R 35.1% · Other 3.1%
• 2008→2024 swing: +3.8pp toward D · 2008: 22.9pp · 2024: 26.7pp
• All cycles: 2024: D+26.7 2020: D+32.1 2016: D+28.2 2012: D+17.1 2008: D+22.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -273.23%
• Current HPI: 324.7536
• Rent YoY: —
• Metro: Santa Maria-Santa Barbara, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+151.3% since first listed

36 events — show timeline

• 2026-04-02 Price Changed $495,000 NSBCRMLS
• 2025-12-27 Price Changed $520,000 NSBCRMLS
• 2025-10-23 Listed $550,000 NSBCRMLS
• 2023-08-17 Sold (MLS) $150,000 SBMLS
• 2023-08-14 Listing Removed — NSBCRMLS
• 2023-08-11 Sold (MLS) $150,000 NSBCRMLS
• 2023-07-26 Pending — SBMLS
• 2023-07-18 Contingent — NSBCRMLS
• 2023-06-08 Relisted — NSBCRMLS
• 2023-06-07 Relisted — SBMLS
• 2023-06-07 Pending — SBMLS
• 2023-05-20 Contingent — NSBCRMLS
• 2023-05-20 Contingent — SBMLS
• 2023-05-17 Price Changed $199,500 SBMLS
• 2023-05-17 Price Changed $199,500 NSBCRMLS
• 2023-04-03 Price Changed $254,000 SBMLS
• 2023-04-03 Price Changed $254,000 NSBCRMLS
• 2023-01-11 Listed $279,000 SBMLS
• 2023-01-10 Listed $279,000 NSBCRMLS
• 2022-10-26 Sold (MLS) $103,000 SBMLS
• 2022-10-26 Sold (MLS) $103,000 NSBCRMLS
• 2022-10-13 Contingent — NSBCRMLS
• 2022-10-13 Contingent — SBMLS
• 2022-09-28 Price Changed $181,000 SBMLS
• 2022-09-28 Price Changed $181,000 NSBCRMLS
• 2022-09-27 Relisted — NSBCRMLS
• 2022-09-27 Relisted — SBMLS
• 2022-09-07 Contingent — SBMLS
• 2022-09-07 Contingent — NSBCRMLS
• 2022-08-22 Relisted — SBMLS
• 2022-08-18 Relisted — NSBCRMLS
• 2022-08-17 Pending — SBMLS
• 2022-08-10 Contingent — NSBCRMLS
• 2022-08-10 Contingent — SBMLS
• 2022-08-03 Listed $197,000 SBMLS
• 2022-07-29 Listed $197,000 NSBCRMLS