
Felton, California 95018
This Single Family Residence represents a Strong Value Opportunity, listed at $729,000—positioned well below the $774,737 Fair Market Value by 5%. This valuation gap offers $45,737 in Instant Equity. With a Condition Rating of 4, the home features original knotty pine finishes, a wood-burning stove, and a private hot tub. While the interior requires cosmetic updates, the infrastructure includes a new water heater and furnace. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1079 Scenic Drive Subject 2 bd · 2 ba · 1,300 sqft · $561 | $729,000* List Price | 2 | 2 | 1,300 | $561 | - |
A 1004 Laurel Avenue Sold 3 bd · 1 ba · 1,200 sqft · $583 · 0.2 mi | $699,000 | 3 | 1 | 1,200 | $583 | 0.2 mi |
B 123 Pine Avenue Active 1 bd · 1 ba · 962 sqft · $675 · 0.1 mi | $649,000 List Price | 1 | 1 | 962 | $675 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, this cottage is well-maintained and functional but highly dated. The kitchen features original knotty pine cabinetry, older white appliances, and dated tile countertops. While mechanical systems have received some updates—including a brand new water heater and a forced air furnace—the overall interior finishes, carpeting, and fixtures are older and need cosmetic updates.
The property features original knotty pine flooring and cabinetry paired with a functional wood-burning stove, offering a highly desirable and cozy mountain aesthetic.
Extensive decking and a private hot tub, combined with Forest Lakes community amenities like a seasonal pool and playground, create an excellent environment for relaxation and entertaining.
The home includes a brand new 40-gallon water heater and a forced air furnace, providing essential modern comfort and reducing immediate maintenance concerns for a 1940s build.
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.
While charming, the original 1947 kitchen cabinetry and finishes may be perceived as dated by modern buyers, potentially requiring a renovation budget.
With a lot size of approximately 5,358 square feet, the property offers less outdoor space and privacy compared to other larger parcels typically found in mountain residential areas.
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 | 2.3 |
| Square foot | 1,300 | 1,412.783 |
| Lot Size | 5,358 | 15,541.304 |
| Price | $729.0K | $939.7K |
| Price per sq ft | $561 | $622 |
| Built year | 1947 | 1962 |
| HOA | $0 | $1.6K |
| Days on market | 76 | 50 |
Aug 9, 2026
$729,000
Initial Listing
Aug 21, 1997
$180,000
Public Record