Can I live in the front house and rent the two apartments?

Yes. The front 1920 single-family home is its own house on the lot. The separate rear apartment building — a 3-bedroom/2-bath upstairs and a 1-bedroom/1-bath downstairs — currently brings in $5,900 a month, which offsets most of a conventional payment.

Is the rear apartment building permitted?

Yes. The two-unit apartment building behind the front house is fully permitted.

Could this work for a multi-generational family?

Yes. Parents can take the front house while adult children, in-laws, or a caregiver use the 3-bedroom upper apartment, with the 1-bedroom downstairs still rentable. Three separate front doors on one downtown Solvang lot.

How soon could an owner move in?

The 3-bedroom/2-bath upper apartment is on a month-to-month lease, so it can be turned over quickly. The front house and the lower 1-bedroom are on fixed-term leases.

What schools serve 561 Alisal Road?

Solvang Elementary (K-8) and Santa Ynez Valley Union High (9-12). Downtown Solvang is walkable, Buellton and US-101 are about 10 minutes, and Santa Barbara is roughly 45 minutes.

Owner-user & multi-generational

Live in the house. Let the apartment building behind it carry the rest.

One downtown Solvang lot: a single-family home in front and a separate two-unit apartment building behind it. Parents in the house, adult kids or a caregiver in back — or you in front and $5,900 a month of rent already coming in behind you. Everyone gets their own door and their own privacy, and the tenants pay their own water, gas, electricity, and internet.

Call about a private showing See the investor numbers

Front residence — single-family home

The 1920 house on Alisal Rd. Your home: front porch, red door, mature trees, steps from downtown.

Apartment — upper (3 bd / 2 ba)

The larger unit in the separate rear building. Private entrance and deck — and it holds the original Wig Room.

Apartment — lower (1 bd / 1 ba)

Ground-floor unit in the same rear building, with its own entrance. Guests, a caregiver, or a tenant.

The house-hack math

Rent from the two apartments offsets most of a conventional payment.

At the asking price of $1,995,000 with 20% down on a 30-year fixed, the estimated all-in monthly payment including taxes and insurance runs about $11,770. The two rear apartments are leased today at $4,400 and $1,500 — $5,900 a month — cutting your real cost of living in downtown Solvang to roughly $5,870 a month, before the tax benefits of owning rental units.

The 3 bd / 2 ba upper apartment is on a month-to-month lease, so an owner who wants to live in the larger rear unit can take it over quickly; the front house and 1 bd are on fixed-term leases and can be delivered vacant at close. Payment estimate uses a 6.75% 30-year fixed rate and published tax and insurance estimates. Not a loan quote. Verify all figures with your lender and the rent roll.

Est. monthly payment (20% down, incl. tax + ins.)≈ $11,770

Rent in place from the two apartments$5,900 / mo

Est. net monthly cost to live here≈ $5,870

1 bd currently under market by≈ $350 / mo

Why families take this one

A private house plus two apartments in a separate building — nobody shares a hallway with you.
Each unit has its own entrance, which is what makes multi-generational living actually work.
Walk to restaurants, bakeries, and tasting rooms in the Danish Capital of California.
A 1920 home with real provenance, not a new build that looks like every other one.
Flexible over time: house family now, rent the units later, or the reverse.
Two-car garage plus on-site parking for multiple households.

Schools & neighborhood

Walkable downtown Solvang, with the valley’s schools close by.

Schools: Solvang Elementary (K-8) & Santa Ynez Valley Union High (9-12)
Downtown Solvang: Walkable — bakeries, tasting rooms, restaurants
Buellton / US-101: ~10 min drive
Vandenberg Space Force Base: ~35 min drive
Santa Barbara: ~45 min drive
Los Olivos wine country: ~10 min drive

School assignments and drive times are approximate; buyer to verify with the school district and current mapping tools.

The property

Take the walk-through.

Questions owner-users ask

Living here, in plain terms.

Can I live in the front house and rent the two apartments?: Yes. The front 1920 single-family home is its own house on the lot. The separate rear apartment building — a 3-bedroom/2-bath upstairs and a 1-bedroom/1-bath downstairs — currently brings in $5,900 a month, which offsets most of a conventional payment.
Is the rear apartment building permitted?: Yes. The two-unit apartment building behind the front house is fully permitted.
Could this work for a multi-generational family?: Yes. Parents can take the front house while adult children, in-laws, or a caregiver use the 3-bedroom upper apartment, with the 1-bedroom downstairs still rentable. Three separate front doors on one downtown Solvang lot.
How soon could an owner move in?: The 3-bedroom/2-bath upper apartment is on a month-to-month lease, so it can be turned over quickly. The front house and the lower 1-bedroom are on fixed-term leases.
What schools serve 561 Alisal Road?: Solvang Elementary (K-8) and Santa Ynez Valley Union High (9-12). Downtown Solvang is walkable, Buellton and US-101 are about 10 minutes, and Santa Barbara is roughly 45 minutes.

Schedule a private showing

Serious buyers get the full tour. Bring an offer to the table and we'll walk you through every inch.

Cris Lapp

Black Oak Group Homes and Mortgages

DRE #01093529

MLS #26001575 · 561 Alisal Road, Solvang, CA 93463

Call (805) 538-6044 (805) 538-6044 cris@blackoaklc.com