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381 5th St, Solvang, CA, 93463

5beds
3baths
0sqft
$1,195,000
--price/sqft
$7,684/moest. monthly cost
$307,360/yrincome needed

About This Home

So many possibilities await with this charming downtown Solvang duplex! Ideally located just moments from the heart of town, this versatile property offers the perfect opportunity to live, invest, or both. Unit A is a beautifully remodeled 2-bedroom, 2-bath home featuring a dedicated office space, a classic white picket fence, and easy access to downtown shops, restaurants, and tasting rooms.Unit B offers 2 bedrooms, 1 bath, and a private balcony with lovely views--an inviting space to relax and unwind.Both units include their own 2-car garages plus additional off-street parking, providing convenience and flexibility.

Getting Around

89
WalkingVery Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

8/10

Construction

Condition

  • Year built: 1953

Materials

  • Foundation: Raised
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Oven/Range-Gas,Refrigerator,Disposal,Dishwasher
  • Laundry features: Gas Dryer Hookup,Electric Dryer Hookup,In Garage

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: Breakfast Area

Features

  • Flooring: Carpet,Tile
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 0

Master Bedroom

  • Level: Lower

Property

Details

  • Parcel number: 139200002
  • Zoning description: Res Multi-Family,Duplex/Triplex
  • Special condition: Standard

Features

  • Stories: 2
  • Entry location: Stairs to Entry
  • Fencing: Fenced Yard
  • Has view: Yes
  • View description: Other

Lot

  • Lot size: 6,969 sqft
  • Features: Level,Yard Sprinklers,Sidewalks,Curbs/Gutter

Parking

  • Total spaces: 4
  • Parking features: Drive Space,Attached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Drought
    DroughtModerate
  • Landslide
    LandslideModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Drought
Landslide
Wildfire

FEMA Declared Disasters in Santa Barbara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,042$72,504
Home Insurance *$169$2,028
Property Taxes $1,075$12,900
Electricity $398$4,786
Total$7,684$92,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$263,451/yr
40% on housing$230,520/yr
45% on housing$204,906/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 93463$699
Santa Barbara County$1,075

vs Homes Sold Last Month

Median $/sqft

ZIP 93463$724
Santa Barbara County$735

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-17Price change$1,235,000
2026-02-20Listed for sale$1,300,000
2024-08-15Listing removed--
2024-07-03Listed for sale$1,235,000
1998-09-21Sold$230,000
1998-06-05Sold$230,000

For Sale by Agent

AgentBob Jennings
BrokerageBerkshire Hathaway HomeServ-Los Olivos

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