12040 Madrone Avenue, Felton, California 95018, Felton, 95018 - 2 bed, 1 bath
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12040 Madrone Avenue
Felton, California 95018
ACTIVE
CONDITION: FAIR
2Beds
1Baths
864Sq Ft
10,367Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$599,000
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at a List Price of $599,000, which aligns with its $599,000 Fair Market Value. While the home maintains a Condition Rating of 4, its unique layout—featuring a separate downstairs bonus area—offers significant versatility for creative use. The property boasts stunning treetop views and a large 1/2 acre lot, providing a private sanctuary. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a nature-focused retreat with flexible living arrangements.
Estimated Market Value
$599,000
Based on Realkey algorithm analyzing recent comparable sales in Felton.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12040 Madrone Avenue Subject | $599,000* List Price | 2 | 1 | 864 | $693 | - |
A 10788 Westwood Road Active | $715,000 List Price | 2 | 1 | 970 | $737 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1978 (46 years old), the property is functional but dated. The kitchen features 1990s-era tile countertops and oak cabinetry, and the secondary kitchen area is unfinished/DIY in style. While the home appears well-maintained, the systems are rustic (wood-burning stove) and the laundry is located in an unfinished shed, indicating a need for modern updates and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10367, living area = 864.
- Expansive Private Lot
Situated on three parcels totaling approximately half an acre, the property offers exceptional privacy, lush gardens, and mature fruit trees, creating a rare and serene outdoor sanctuary.
- Flexible Living Arrangement
The separate downstairs bonus area with its own entrance and laundry provides excellent versatility for a home office, guest suite, or creative studio, catering to modern lifestyle needs.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
With only 864 square feet of living space, the interior footprint is quite small, which may limit its appeal to buyers seeking a more spacious or traditional family home.
- Non-Traditional Layout
The conversion of the upstairs into a single bedroom and the reliance on a downstairs 'bonus area' for additional space may complicate financing or deter buyers needing a standard multi-bedroom configuration.
About 12040 Madrone Avenue
Ultimate private getaway surrounded by nature and sunshine. This unique property offers a peaceful retreat that feels worlds away, yet is only about 15 minutes to Graham Hill Rd. Situated on 3 parcels totaling approx. 1/2 acre , the property is filled with lush gardens, mature landscaping, and fruit trees, creating a serene outdoor setting. Designed for enjoying the outdoors, the property features multiple sunny sitting areas, decks perfect for relaxing, entertaining, or soaking in the peaceful surroundings. Enjoy stunning treetop views, open skies, and a true sense of privacy and escape. Upstairs has been converted into a large comfortable 1-bedroom living space, while the downstairs features a separate bonus area with laundry and its own entrance, offering flexibility for guests, a home office, studio, or additional living space. Plenty of parking and two separate access points from Madrone and Upper Volver add to the convenience and versatility. Lots of parking! A rare opportunity for those seeking tranquility, sunshine, and a connection to nature without being too far from town.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 10,367 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.5 |
| Square foot | 864 | 1,482.533 |
| Lot Size | 10,367 | 18,835.333 |
| Price | $599.0K | $929.7K |
| Price per sq ft | $693 | $636 |
| Built year | 1978 | 1964 |
| HOA | $0 | $1.6K |
| Days on market | 90 | 45 |
Pricing History
Listed for Sale
Jun 11, 2026
$599,000
Initial Listing
Sold
Jun 6, 2019
$495,000
Public Record