
Scotts Valley, California 95066
This French Normandy-inspired Estate is a Strong Value Opportunity, listed at $2,995,000—positioned well below the $3,108,758 Fair Market Value by 3%. This valuation gap offers $113,758 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes modern upgrades like solar and radiant-heat floors. With a 5,661 sqft layout and Mountain Views, it is perfectly situated near top-rated schools (8/10). This is an ideal acquisition for Owner-Occupants or multi-generational families seeking a private, high-end sanctuary.
Property is move-in ready.
Built in 1990, this estate is exceptionally well-maintained and move-in ready. While the 'country kitchen' cabinetry is stylistically dated, it features high-end professional appliances and stone countertops. The property has received significant modern system upgrades including solar, an EV charger, AC, and a renovated primary bath with radiant-heat floors, placing it firmly in the 'Good' category despite its 34-year age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42253, living area = 5661.
Situated in the prestigious Granite Creek Estates, this nearly one-acre park-like parcel features a redwood grove and mountain views, offering a rare blend of privacy and natural beauty.
With over 5,600 sqft of living space, 10-foot ceilings, and a ground-floor ensuite, the home is perfectly designed for multi-generational living and grand-scale entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5661, other record living area = 4807. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
A significant $400,000 price reduction shortly after listing suggests the property is still finding its market value relative to current buyer demand.
The 2-car garage is relatively modest for a home of this scale and bedroom count, which may be a limitation for collectors or large households.
This is your opportunity to own perhaps the most iconic home in Scotts Valley's premier neighborhood - Granite Creek Estates. This impressive French Normandy-inspired Estate, boasts 5,600+ sf of living space, on a huge parcel in a park-like setting . Grand, yet surprisingly warm, this home features 5 bedrooms (including a ground-floor ensuite), a separate office, 3.5 bathrooms, 10ft ceilings & a view from every window. Designed for entertaining & everyday living, the thoughtful floor plan features formal spaces in the front of the home & a warm country kitchen w/ a cheery breakfast nook overlooking the back yard & gardens. The spacious primary retreat has a cozy reading alcove w/ private balcony & a spa-like bath w/ radiant-heat floors, walk-in shower & luxurious soaking tub w/ mountain views. Other amenities include real hardwood floors, solar + car charger, water treatment system, air conditioning, 2-car garage w/ workshop & an expansive wraparound deck that connects the home to the outdoors. The majestic backyard is adorned w/ blooming trees, meandering pathways & secluded patios set above a manicured redwood grove. Extremely low HOA Dues (only $32/Mo) and no Traffic noise. This rare oasis is ideally located between Silicon Valley and the beaches of Santa Cruz.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 5,661 | 1,875 |
| Lot Size | 42,253 | 10,106 |
| Price | $3.00M | $1.54M |
| Price per sq ft | $529 | $680 |
| Built year | 1990 | 1991 |
| HOA | $32.0 | $183 |
| Days on market | 30 | 40 |
Jul 18, 2026
$2,995,000
$3,395,000
-12% Price Drop
Initial Listing
Jun 22, 2026
$3,395,000
Initial Listing
Nov 15, 1994
$850,000
Public Record