Updated Sep 9, 2024
Fergie Sells 6-Acre Solvang Retreat For $3.65M
Solvang
$3,650,000
$669/SF
Building Size
5,456 SF
Asset Type
Single Family
Closing
Jun 22, 2023
About this deal
AI
Fergie recently sold her custom-built retreat in Solvang, California for around $3.65 million. The secluded 6-acre estate, featuring a Mediterranean-style house, fulfilled her father's dream of owning a vineyard and offered stunning views of the Santa Ynez valley.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $3,650,000
- Market: Solvang
- Asset Type: Single Family
- Acres: 6.27
The buyer's representative for this transaction was Allan Jones from Santa Ynez Valley Real Estate. Meanwhile, the seller's representative was Steve Epstein from The Epstein Partners - Keller Williams Realty.
It's worth noting that Fergie continues to reside in her Los Angeles mansion in Brentwood.
Players
Los Angeles Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.35%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93