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.

Daniel B. Ferguson

Black Oak Group Homes and Mortgages

DRE #02305088

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

Call (323) 646-3918 (323) 646-3918 danfergusonla@gmail.com