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$3,330,000
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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.
Full Property Details
Full Property Details for 409 1st St
General
- Sold For: $3,330,000
- Status: Closed
- Type: Commercial Service
- Source: SBAOR
- MLS ID: 25-1140
- Added to Site: 301 day(s) ago
Business
- Business Type: Hotel, Restaurant
Location
- Area: 50 - SANTA YNEZ
- County: Santa Barbara
- Cross Streets: Oak Street
Structural Information
- Living Area: 10,611 Sq. Ft.
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969.6
- Lot Size: .16
- Zoning: Other
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 139-192-011
Listed by Berkshire Hathaway HomeServices California Properties
Sold by Village Properties - 1
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Schools
Schools serving 409 1st St
| Name | Grades | Distance |
|---|---|---|
Solvang Elementary School 565 Atterdag Road, Solvang, CA 93463 | K-8 | 0.3 mi |
Santa Ynez Valley Union High School 2975 E. Highway 246, Santa Ynez, CA 93460 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 409 1st St
Date
Details
Price
Change
Source
10/21/2025
Sold
$3,330,000
-20.71%
MLS
3/21/2025
Listed
$4,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
409 1st Street, Solvang, CA 93463 (MLS# 25-1140) is a Commercial Service property that was sold at $3,330,000 on October 21, 2025. Want to learn more about 409 1st Street? Do you have questions about finding other Commercial Service real estate for sale in Solvang? You can browse all Solvang real estate or contact a Coldwell Banker agent to request more information.

