
Santa Cruz, California 95060
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $1,999,000—positioned well below the $2,183,015 Fair Market Value by 8%. This valuation gap offers $184,015 in Instant Equity. With a Condition Rating of 3, the home features a Remodeled Primary Bathroom, Granite Kitchen, and Composite Decking with a Private Spa. Its versatile layout and expansive lot are perfect for multi-generational living. This is an ideal acquisition for Owner-Occupants seeking lifestyle luxury or Investors prioritizing long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 106 Carbonera Drive Subject | $1,999,000* List Price | 3 | 3 | 3,857 | $566 | - |
A 125 Carbonera Drive Sold | $1,735,000 | 3 | 3 | 2,882 | $602 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1981, the property is well-maintained and features several recent high-value updates including a remodeled primary bathroom, new wood flooring, and significant exterior improvements like fire-resistant concrete siding and composite decking. While the kitchen cabinetry appears dated, the addition of granite countertops and modern appliances makes it functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24611, living area = 3857.
With nearly 3,900 square feet of living space, including a massive multi-purpose cellar and a media room that can serve as a fourth bedroom, the home is perfectly configured for multi-generational living or diverse lifestyle needs.
The property features a recently updated kitchen with induction cooking, a remodeled primary suite, and durable exterior upgrades like fire-resistant concrete siding and composite decking, reducing immediate capital expenditure for the buyer.
Despite the expansive square footage, the home is officially configured as a three-bedroom, which may be a constraint for larger families seeking traditional bedroom layouts at this price point.
Situated on a large, wooded half-acre lot, the property will likely require significant ongoing landscaping and fire-safety vegetation management typical of the Santa Cruz hillside environment.
Carbonera Estates opportunity! The architectural design of his home focuses on comfort, entertaining, & everyday living. The layout offers room to gather, unwind, & create the lifestyle you've been looking for. Updated kitchen with granite counters, induction stove top & breakfast area; new wood floors; gorgeous remodeled primary bathroom! Soaring ceilings, huge skylights & countless windows bring the light in! A formal dining room, an open living room, a versatile family/media room downstairs with a wine fridge & wet bar & gas fireplace - it could be used as a 4th bedroom; a built-in office space and a sunroom/multi-purpose room. A private sauna, and a HUGE wine cellar that is a versatile space with enough room to serve as many things at once. It's ready to become your dream home gym, personal retreat, or ultimate game room. Perfect layout for multi-generational living! The cellar includes a washing station, sink & floor drain; multiple closets & exterior access. Imagine what's possible! Enjoy the perfect balance of peaceful surroundings & convenient access to all that Santa Cruz has to offer. Expansive decks with a hot tub under the trees! This iconic home is an entertainer's dream! You'll also love the longevity of the new fire resistant concrete siding & composite decking!
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades 6-8 • 1.4 mi
Grades 6-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,857 | 1,641 |
| Lot Size | 24,611 | 6,229 |
| Price | $2.00M | $1.57M |
| Price per sq ft | $518 | $939 |
| Built year | 1981 | 1978 |
| HOA | $0 | $288 |
| Days on market | 36 | 37 |
Jun 17, 2026
$1,999,000
Initial Listing
Apr 27, 2007
$1,200,000
Public Record