121 Mahogany Way, Boulder Creek, California 95006, Boulder Creek, 95006 - 2 bed, 1 bath
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121 Mahogany Way
Boulder Creek, California 95006
ACTIVE
CONDITION: GOOD
2Beds
1Baths
1,128Sq Ft
8,756Lot Size
Property Price
LIST PRICE$625,000
EST. MARKET VALUE
$624,253
SUMMARY
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $625,000—positioned well below the $624,253 Fair Market Value (effectively at market parity). Featuring an Upgraded Kitchen, New Redwood Deck, and a Condition Rating of 3, the home offers a modern aesthetic within a classic 1940s footprint. With a versatile loft and access to community pool amenities, this property provides a balanced lifestyle. It is an ideal acquisition for first-time buyers or owner-occupants seeking a well-maintained home in a desirable mountain community.
Estimated Market Value
$624,253
Based on Realkey algorithm analyzing recent comparable sales in Boulder Creek.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 121 Mahogany Way Subject 2 bd · 1 ba · 1,128 sqft · $553 | $625,000* List Price | 2 | 1 | 1,128 | $553 | - |
A 15475 Big Basin Way Active 3 bd · 2 ba · 978 sqft · $592 · 0.1 mi | $579,000 List Price | 3 | 2 | 978 | $592 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1940, the property has undergone significant renovations within the last 5-15 years. The kitchen features updated cabinetry, stone countertops, and stainless steel appliances. The bathroom has been modernized with a newer vanity and marble-style tile flooring. The interior features updated flooring and a brand-new redwood deck, making it move-in ready and well-maintained despite older wall-heating systems.
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 = 8756, living area = 1128.
- Modernized Interior & Natural Light
The home features an upgraded kitchen, new flooring, and strategically placed skylights that flood the living spaces with natural light, offering a contemporary feel within a classic mountain setting.
- Valuable Community Amenities
Situated in the Forest Springs neighborhood, the property includes access to a community pool and has water services covered by the HOA, providing significant utility savings and lifestyle benefits.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom serving two bedrooms and a spacious loft, the home's configuration may be a challenge for families or those who frequently host guests.
- Vintage Infrastructure
Originally built in 1940, the property may require more intensive maintenance or future upgrades to its aging structural and mechanical systems compared to newer builds.
About 121 Mahogany Way
Bright and welcoming home nestled in the desirable Forest Springs neighborhood! Enjoy great community amenities, including a refreshing community pool and water included with the HOA. Skylights in the kitchen and living room flood the interior with natural light, highlighting the upgraded kitchen and beautiful flooring throughout. The versatile layout features a spacious loft that can serve as a 3rd bedroom, home office, or creative space, plus a dedicated indoor laundry room. Outside, enjoy rare off-site parking, a sunny fully-enclosed backyard, and a brand-new redwood deck. Ideally located just minutes from downtown Boulder Creek and the Golf & Country Club, with a ~40-minute commute to San Jose and Santa Cruz beaches.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 8,756 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $200.0 / Month
Neighborhood Insights
Boulder Creek Unified Schools
San Lorenzo Valley Middle School
Grades 6-8 • 6.4 mi
5/10
San Lorenzo Valley High School
Grades 9-12 • 6.6 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.9 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,128 | 1,569.259 |
| Lot Size | 8,756 | 14,224.815 |
| Price | $625.0K | $771.7K |
| Price per sq ft | $554 | $541 |
| Built year | 1940 | 1967 |
| HOA | $200.0 | $138 |
| Days on market | 23 | 60 |
Pricing History
Listed for Sale
Oct 1, 2026
$625,000
Initial Listing
Sold
Jan 18, 2024
$600,000
Public Record
Sold
Jun 22, 2021
$649,000
Public Record
Sold
Jun 5, 2007
$500,000
Public Record
Sold
Sep 19, 2003
$309,500
Public Record
Sold
Jan 31, 1995
$99,000
Public Record