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 -
Walk Score®
Walker's Paradise (92)

PROPERTY TAXES

ZONING

Zoning Code C2 (Commercial Retail)
  • Listing ID: 35218722

  • Date on Market: 3/21/2025

  • Last Updated:

  • Address: 409 1st St, Solvang, CA 93463