120 Clearview Place, Felton, California 95018, Felton, 95018 - 3 bed, 2 bath
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Felton, California 95018
This Value-Add Residential Asset is a High-Potential Investment Opportunity, listed at $779,000—positioned well below the $792,204 Fair Market Value by 1.67%. This valuation gap offers $13,204 in Instant Equity. With a Condition Rating of 5, the property requires cosmetic updates to modernize its 1978 interiors. The large 13,068 sqft lot, owned solar system, and flexible bonus space provide significant upside for forced appreciation. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a project with long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 120 Clearview Place Subject | $779,000* List Price | 3 | 2 | 1,780 | $445 | - |
A 240 El Solyo Heights Drive Active Under Contract | $945,000 List Price | 4 | 2 | 2,057 | $459 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978, the home is 46 years old and retains significantly dated interior finishes. The kitchen and bathrooms feature older tile countertops, cabinetry, and vinyl flooring that appear to be 30+ years old, meeting the criteria for a property needing rehab. While the addition of solar is a modern system upgrade, the overall age and condition of the primary living areas require major updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 1780.
Situated in the heart of downtown Felton, the property offers exceptional access to Henry Cowell State Park, local schools, and is just a short drive to Santa Cruz beaches.
The inclusion of an owned solar system provides significant long-term value and meaningful savings on monthly utility costs for the homeowner.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1780, other record living area = 1659.
For a three-bedroom home of this size, having only 1.5 bathrooms may be a drawback for larger families or those seeking a full primary suite.
Originally built in 1978, the property may require modern cosmetic updates or system refreshments to align with contemporary buyer expectations.
Located in the heart of downtown Felton, this home offers easy access to San Lorenzo Valley schools, local favorites like The Grove, hiking and biking trails in Henry Cowell State Park, commuter routes, and the beaches of Santa Cruz just minutes away. This spacious 3 bed, 1.5 bath home sits at the end of the street, providing extra parking for guests. Inside, the floor plan includes a flexible bonus space that works well as a home office, gym, playroom, or library. Enjoy evenings on the spacious patio while taking in a beautiful sunset. The fenced in yard gets ample amounts of sun and is ideal for gardening, yard games, or unwinding on a sunny spring day. Owned solar system offers meaningful savings on monthly utility costs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,780 | 1,615 | 59% |
| Lot Size | 13,068 | 15,072 | 41% |
| Price | $779.0K | $900.0K | 41% |
| Price per sq ft | $438 | $550 | 18% |
| Built year | 1978 | 1956 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 101 | 6% |
May 7, 2026
$779,000
Initial Listing
Nov 6, 2009
$399,000
Public Record
Nov 15, 2005
$660,000
Public Record