409 1st Street, SOLVANG, CA 93463
$3,330,000
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Property Type:
Commercial Sale
Square Footage:
10,611
Lot Size (sq. ft.):
6,970
Status:
Closed
Current Price:
$3,330,000
List Date:
3/21/2025
Last Modified:
11/12/2025
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.
Supplements: 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.
More Information MLS# 25-1140
Location Info
Country: US
Compass Map: Santa Ynez
Map Grid: J19
Cross Street: Oak Street
District: 50 - SANTA YNEZ
Street #: 409
Street Name: 1st
Street Suffix: Street
State: CA
Postal Code: 93463
County: Santa Barbara
Parcel Number: 139-192-011
Property Information
For Sale/Lease: For Sale
Year Built: 0
Stories: 4
#Offices: 13
Gross Sq Ft: 10611
Apx # Acres: 0.16
TYP: Business
Owner Info
Deposit: 3
Remarks
Hot Sheet Comment: new
Condition
Excellent: 1
Business Info
Sales/Lse BK: Sale
Current Use: Hotel & Restaurant
Doing Business As: Mirabelle Inn
Use
Retail/Commercial: 1
Restaurant: 1
Other: 1
Zoning
Other: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Business Type
Restaurant: 1
Hotel/Motel: 1
Franchise
No: 1
Real Estates Incl
Yes: 1
Contract Info
Current Price: $3,330,000
Price: 4200000
Begin Date: 2025-03-21
Status: Closed
Status Change Info
Sold Date: 2025-10-21
Sold Price: $3,330,000
Under Contract Date: 2025-07-16
Property Features
Use: Retail/Commercial; Restaurant; Other
Business Type: Restaurant; Hotel/Motel
Zoning: Other
Condition: Excellent
Franchise: No
Real Estates Incl: Yes
Terms: Cash; Conventional
Listing Type: ER
Listing Office:
Berkshire Hathaway HomeServices California Properties
Last Updated: November - 12 - 2025
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