
Scotts Valley, California 95066
Analysis of 119 Van Diepen Way, Scotts Valley, California 95066 is currently available with a list price of $1,100,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Scotts Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1946, this property is significantly dated but appears well-maintained with some recent cosmetic refreshments. While the living areas feature new LVP flooring and fresh paint, the kitchens and bathrooms are original or over 30 years old, featuring dated cabinetry and appliances. The presence of wall heaters instead of central HVAC and the 'first time on market' status suggest that while the home is functional and move-in ready, the primary systems and wet areas require modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 121968, living area = 1764.
The property features a main home plus a detached 2-bedroom cottage, providing excellent flexibility for multi-generational living or significant rental income potential.
Set on over two acres of mostly flat, sunny land, the lot offers rare outdoor amenities including a swimming pool and optimal gardening conditions in Sunset Zone 15.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1764, other record living area = 1370.
Built in 1946 and offered for the first time, the property likely requires substantial modernization and updates to meet contemporary building standards and buyer expectations.
A recent $99,000 price reduction after 38 days on the market indicates that the property may have been initially overvalued relative to its age and condition.
First time ever on the market! Tucked away in a quiet neighborhood on a sunny ridgetop, this charming property features a 1 bed/1 bath main home plus a detached 2 bed/1 bath cottage, offering flexibility for a variety of living arrangements. Bright and cheerful throughout, there is plenty of room to spread out, making it ideal for multi-generational households or those seeking additional income potential. Located just minutes from Scotts Valley, youll enjoy convenient access to local restaurants, winery tasting rooms, grocery stores, and commuter routes, all within the Scotts Valley school district. Vaulted ceilings and oversized windows fill the home with beautiful natural light, while the inviting living room is centered around a cozy fireplace, perfect for relaxing with a good book. Set on more than two acres, much of it flat and sunny, the property offers ample outdoor space for entertaining, from summer barbecues and lawn games to afternoons spent lounging by the pool. Gardening enthusiasts will appreciate the favorable growing conditions of Sunset Zone 15, providing an excellent environment for a wide variety of plants and gardens.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,764 | 1,875 |
| Lot Size | 121,968 | 10,106 |
| Price | $1.10M | $1.54M |
| Price per sq ft | $624 | $680 |
| Built year | 1946 | 1991 |
| HOA | $0 | $183 |
| Days on market | 41 | 40 |
Jul 1, 2026
$1,100,000
$1,199,000
-8% Price Drop
Initial Listing
Jun 11, 2026
$1,199,000
Initial Listing