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801 East Highway 246, Solvang, CA 93463

$6.90M4bd · 3ba · 2,151 sqft
Lot 125 sqft•Single Family Residence•
Active
•139d on market•MLS# V1-36659

Property Description

Welcome to River Edge Farm, a breathtaking 125± acre legacy property comprised of 3 legal parcels, 25± acres, 52± acres, and 48± acres. Plans available for future construction of main house, guest house, pool/spa, ADU, cabana, tennis court, wine production facility, employee dwellings and more. Gated drive leads through majestic Sycamore trees and open pastures to an impressive collection of equestrian facilities designed for breeding and training operations. A fully equipped breeding barn features a veterinary lab, offices, a 6-stall stallion wing, and a dedicated 6-stall foaling area. Additional amenities include a training track, arena, multiple round pens, expansive equipment buildings, a 24-stall barn, a 28-stall barn, 3 private wells and multiple fenced and irrigated pastures stretching across the picturesque landscape. Adding to the property's allure are approximately 28± acres of established vineyard planted with Syrah, Sangiovese, Chardonnay, Sauvignon Blanc, and Grenache, creating a stunning tapestry of vines that shift beautifully with the seasons and capture the essence of Santa Ynez Valley wine country living. Permitted for up to 12 commercial events per calendar year, with each gathering accommodating up to 150 guests, River Edge Farm offers an unforgettable setting for celebrations beneath the stars, elegant wine country events, and unforgettable experiences surrounded by nature's beauty. A welcoming 4 bedroom, 3 bath manager's residence and executive-style barn apartment, add to the estate's allure to enjoy now while building your dream estate on this beautiful property, one of the Valley's most magical and inspiring settings. Set among rolling vineyards, ancient oak trees, and sweeping mountain vistas in the heart of the Santa Ynez Valley, River Edge Farm is where wine country charm and equestrian tradition come together in extraordinary fashion. Ideally positioned between the storybook towns of Solvang and Buellton, the property offers an enchanting blend of natural beauty, income potential, future development and timeless ranch living.

Features & Amenities

FeeBuilt 1977

Property Details

Land Type
Fee
Year Built
1977
Property Type
Residential
Property Subtype
Single Family Residence
Garage Spaces
2
Heating
Forced Air
Cooling
None
View
Mountain(s), Vineyard
Flooring
Vinyl, Tile
Roof
Composition
City
Solvang
Zip Code
93463
County
Santa Barbara
Listed byBerkshire Hathaway HomeService, Laura Drammer

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$34,885.10
Principal & Interest
Loan Amount
$5,519,200
Total Interest
$7,039,435
Total Payment Over 30 Years
$12,558,635
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

801 East Highway 246, Solvang, CA 93463

Solvang · Single Family Residence

$6.90M
Luxury Tier
Beds
4
Baths
3
Sqft
2,151
Lot
125.08 ac
Year
1977
$/Sqft
$3207
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 323.8% above the median closed sale of $1,628,000. Price per sqft ($3,207) is a 313% premium to closed comps ($777). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $6.90M· $3,207/sqft
Total list price
Closed comps
vs closed median $1.63M
+$5.27M (+323.8%)
Active comps
vs active median $1.88M
+$5.02M (+267.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $868
+$2K (+269.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2851 Tapadero RoadSolvang1974432,499874,249$1,180$2.95M17165
2775 Quail Valley RoadSolvang1973432,51345,738$656$1.65M6263
504 Myrtle CourtSolvang2007432,42022,651$619$1.50M3861
1900 Old Mission DriveSolvang2023442,5559,583$775$1.98M5058
654 Chalk Hill RoadSolvang1960331,69217,424$1,108$1.88M32957
Total: 5 · Average3.83.22,335.8193,929$867.6$1.99M130
Median2,499$1.88M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
827 Kolding AvenueSolvang198208/27/2026432,21936,590$1.79M$1.80M$8111.004165
585 Windmill CourtSolvang200009/18/2026432,27218,731$1.50M$1.46M$6400.978363
1511 Kronborg DriveSolvang197706/29/2026322,00113,504$1.64M$1.63M$8141.003661
591 Valley Oak RoadSolvang201607/22/2026442,21011,326$1.60M$1.60M$7241.002061
821 Fredensborg Canyon RoadSolvang199405/29/2026332,22160,984$2.00M$2.00M$8981.008854
Total: 5 · Average3.63.02,184.628,227$1.70M$1.70M$777.4—53.6
Median2,219$1.63M$1.63M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.