
Felton, California 95018
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $989,000—positioned well below the $1,028,447 Fair Market Value by 3%. This valuation gap offers $39,447 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes recent interior paint, new carpeting, and a serene redwood view from the spacious deck. This property is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or first-time buyers looking for a peaceful mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 111 River Lane Subject | $989,000* List Price | 3 | 3 | 1,571 | $655 | - |
A 414 Prospect Avenue Sold | $1,098,000 | 3 | 2 | 1,615 | $680 | 0.6 mi |
B 650 Lakeview Drive Active | $850,000 List Price | 3 | 2 | 1,230 | $691 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 but features significant updates that make it move-in ready. The kitchen has been modernized with stainless steel appliances and a contemporary hood, and the bathrooms show mid-range renovations (approx. 5-15 years old). Recent cosmetic updates including fresh interior paint and new carpeting, combined with a well-maintained exterior and low-maintenance landscaping, justify a Good rating despite the structural age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1571.
The property is ideally situated minutes from downtown Felton and Santa Cruz, offering a perfect balance of mountain tranquility and easy access to urban amenities and outdoor recreation.
Recent cosmetic updates, including fresh interior paint and new carpeting, ensure the home is turnkey and appealing to buyers looking for an immediate move-in.
Built in 1979, the property may require upcoming investments in major systems or structural components that were not addressed by the recent cosmetic refreshments.
The conversion of garage space into a workshop or office may limit traditional two-car parking capacity, which could be a drawback for buyers with multiple vehicles.
111 River Lane offers the perfect blend of peaceful mountain living and everyday convenience, just minutes from downtown Felton, Santa Cruz, and some of the area's best hiking, biking, and outdoor recreation. This inviting 3-bedroom, 2.5-bath home is designed for comfortable indoor/outdoor living, featuring a spacious deck, patio, sunny garden areas, and low-maintenance turf. Recent updates include fresh interior paint and new carpeting, giving the home a clean, move-in-ready feel. Additional highlights include a separate laundry room and a versatile office/workshop space within the attached two-car garage. With its great location, functional layout, and attractive value, 111 River Lane is an exceptional opportunity in today's market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,571 | 1,837 |
| Lot Size | 9,148 | 24,698.5 |
| Price | $989.0K | $1.05M |
| Price per sq ft | $630 | $565 |
| Built year | 1979 | 1957 |
| HOA | $0 | $2.7K |
| Days on market | 40 | 53 |
Jun 13, 2026
$989,000
Initial Listing
Jun 8, 2018
$750,000
Public Record