NOT LISTED FOR SALE

228 Valhalla Dr Solvang, CA 93463

Estimated Value: $2,739,000 - $3,588,000

5 Beds
6 Baths
4,500 Sq Ft
$664/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $3,150,000 $700 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $16,857/month

5 Days on Market

Highlights

  • Outdoor Pool
  • Golf Course View
  • Fireplace in Primary Bedroom
  • Solvang Elementary School Rated A
  • Maid or Guest Quarters
  • Cathedral Ceiling

About This Home

As of August 2023

All the grandeur of a large estate without all the maintenance and upkeep costs. Recently updated and refreshed, this unforgettable property offers sprawling square footage, voluminous rooms, luxurious amenities, and views that only large ranches usually possess.
On the edge town, overlooking all of Solvang's splendor, is a lovely property with breathtaking vistas that offers quality craftsmanship and meticulous attention to detail throughout. This prized lot was originally owned by the neighborhood's developer and designed for his own family. With over 4,500+/- square feet of elegant living space, plus a detached casita of approximately 360+/- square feet featuring a full bathroom, and a three-car garage measuring 790+/- square feet, this house was purposefully designed for hosting gatherings, accommodating remote work, and welcoming extended family and friends. Inside the recently refreshed house, you'll find 5 bedrooms and 5 bathrooms, a sunken formal living room adorned with an impressive fireplace, a formal dining room, a spacious kitchen with a central island, a breakfast bar, and a walk-in pantry. The breakfast dining area is inviting, and the family room is complete with cozy fireplaces and expansive wrap around picture windows. The backyard is an absolute dream with ample patio space, a pool perfect for entertaining with swim-up barstools, a sunken bar, BBQ area, and a spa that gracefully cascades into the pool. This exceptional property is ideally situated close to town to enjoy all the nearby wine tasting rooms, restaurants, shops, and the adjacent golf course!

Last Agent to Sell the Property

Carey Kendall

Village Properties License #00753349 Listed on: 06/24/2023

Last Buyer's Agent

Carey Kendall

Village Properties License #00753349 Listed on: 06/24/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 0.44 Acre Lot
  • Level Lot
  • Lawn

Parking

  • 3 Car Garage

Property Views

  • Golf Course
  • Mountain

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,500 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters
  • 6 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch
  • Office or Studio
  • Built-In Barbecue

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Community Details

  • Santa Ynez Subdivision

Listing and Financial Details

  • Assessor Parcel Number 139-490-023

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Year Built: 1993
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • Subdivision Name: Santa Ynez
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • Reso Other Structures: Other, Studio
  • Property Information Year Built2: 1993
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.44
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 4500.0
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Other Buildings Studio: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • View Golf Course5: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 3.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, Family Room, LR

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting, Golf Course
  • Construction Type: Stucco
  • Acres: 0.44
  • Topography: Level
  • Exterior Features: Pool, Patio Open, Patio Covered, Lawn
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Gar #3

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 139-490-023
  • Zoning: Other
  • Lot Size Sq Ft: 19166.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2023
Closed on
Jun 30, 2023
Sold by
Ellis Chee and Ellis Allison
Bought by
G William And Nanette M Vaughan Family Trust and Vaughan
Seller's Agent
Carey Kendall
Village Properties
Buyer's Agent
Carey Kendall
Village Properties
List Price
$3,250,000
Sold Price
$3,150,000
Premium/Discount to List
-$100,000
-3.08%
Views
81
Current Estimated Value
$2,990,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$159,804
Avg. Annual Appreciation
-2.15%
Original Mortgage
$3,150,000
Outstanding Balance
$3,073,735
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
-$83,539

Purchase Details

Closed on
Dec 7, 2021
Sold by
John And Susan Featherstone Family Trust
Bought by
Chee Wei-Meng and Chee Allison Ellis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2002
Sold by
Voronaef Eva
Bought by
Featherstone John J and Featherstone Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,279,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2000
Sold by
Hanly Leo A
Bought by
Voronaeff Don and Voronaeff Eva
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
G William And Nanette M Vaughan Family Trust $3,150,000 First American Title
Chee Wei-Meng $2,330,000 First American Title
Featherstone John J $1,550,000 Chicago Title Co
Voronaeff Don -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open G William And Nanette M Vaughan Family Trust $3,150,000
Previous Owner Chee Wei-Meng $1,750,000
Previous Owner Featherstone John J $1,279,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2023 08/11/23 Sold $3,150,000 -3.1% $700 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $3,250,000 +39.5% $722 / Sq Ft
02/10/2022 02/10/22 Sold $2,330,000 -15.3% $495 / Sq Ft View Prior Sale
11/30/2021 11/30/21 Pending -- -- --
08/01/2021 08/01/21 For Sale $2,750,000 -- $585 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,826 $1,403,941 $601,854 $802,087
2023 $14,826 $2,330,000 $750,000 $1,580,000
2022 $19,889 $1,842,467 $614,152 $1,228,315
2021 $19,556 $1,806,341 $602,110 $1,204,231
2020 $19,270 $1,787,821 $595,937 $1,191,884
2019 $18,887 $1,752,766 $584,252 $1,168,514
2018 $18,562 $1,718,399 $572,797 $1,145,602
2017 $18,248 $1,684,706 $561,566 $1,123,140
2016 $17,633 $1,651,673 $550,555 $1,101,118
2014 $16,719 $1,594,998 $531,664 $1,063,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1851

Santa Barbara Multiple Listing Service

APN: 139-490-023