Mirabelle Inn 409 1st St 13 Room Hotel Solvang, CA 93463 $4,200,000 ($323,077/Room)



EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Price | $4,200,000 |
Price Per Room | $323,077 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 0.16 AC |
Building Size | 10,611 SF |
No. Rooms | 13 |
No. Stories | 4 |
Year Built/Renovated | 1993/2022 |
Parking Ratio | 0.94/1,000 SF |
Corridor | Interior |
AMENITIES
- Balcony
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Suite | 1 | $442.00 | - |
Guest Room | 12 | $349.00 | - |
1 of 1
Walk Score®
Walker's Paradise (92)
PROPERTY TAXES
Parcel Number | 139-192-011 | Improvements Assessment | $2,811,317 |
Land Assessment | $568,913 | Total Assessment | $3,380,230 |
ZONING
Zoning Code | C2 (Commercial Retail) |