
Felton, California 95018
This Strong Value Opportunity is listed at a List Price of $729,000—positioned well below the $773,162 Fair Market Value by 5%. This valuation gap provides $44,162 in Instant Equity. Featuring a Condition Rating of 4, the home offers authentic mountain character with original knotty pine, complemented by a hot tub, extensive decking, and scenic forest views. While the interior requires modernization, the functional infrastructure and community amenities make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1079 Scenic Drive Subject | $729,000* List Price | 2 | 2 | 1,300 | $595 | - |
A 1004 Laurel Avenue Active | $739,000 List Price | 3 | 1 | 1,200 | $616 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947 with original knotty pine kitchen cabinetry and flooring, the property is significantly dated (>20 years). While it features some updated systems like a new water heater and forced air furnace, the kitchen and interior finishes require modernization to meet current standards.
The home features original knotty pine flooring and cabinetry, offering a rare and charming aesthetic that captures the classic Felton mountain lifestyle.
Extensive decking and a private hot tub, combined with community amenities like a seasonal pool and playground, provide an excellent environment for relaxation and social gatherings.
The property is equipped with both a forced air furnace and a wood-burning stove, plus a brand new 40-gallon water heater, ensuring modern comfort and climate control.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1300, other record living area = 834. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Originally built in 1947, the property may require ongoing maintenance or future updates to aging structural components typical of mid-century mountain cottages.
At approximately 5,358 square feet, the lot is relatively small for the area, which may limit privacy or future expansion possibilities for the owner.
This is the most charming cottage in Felton. Situated in the desirable Forest Lakes district of Felton, this 2-bedroom, 2-bathroom home is bursting with mountain charm. Featuring original knotty pine flooring and kitchen cabinetry, lots of decking for indoor/outdoor living, a functioning wood burning stove (and also a forced air furnace), a brand new 40-gallon water heater, and a hot tub for the brisk winter nights. Forest Lakes has a seasonal pool, playground and community gathering area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,300 | 1,482.533 |
| Lot Size | 5,358 | 18,835.333 |
| Price | $729.0K | $929.7K |
| Price per sq ft | $561 | $636 |
| Built year | 1947 | 1964 |
| HOA | $0 | $1.6K |
| Days on market | 31 | 45 |
Aug 9, 2026
$729,000
Initial Listing
Aug 21, 1997
$180,000
Public Record