
Felton, California 95018
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $699,000—positioned above the $681,029 Fair Market Value. While currently priced slightly above market, the property offers significant utility through its detached outbuilding and separate flex room, which provide excellent value-add potential for remote work or creative studios. With a Fair Condition Rating, the home invites cosmetic modernization to unlock further appreciation. Located in the serene Forest Lakes community, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, nature-oriented retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 123 Pine Avenue Subject | $699,000* List Price | 1 | 1 | 962 | $708 | - |
A 485 Manzanita Avenue Active | $800,000 List Price | 2 | 1 | 1,112 | $719 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, this property is over 60 years old and retains many dated features including a kitchen with original-style cabinetry and older ceiling tiles. While the bathroom has undergone a partial remodel with a pebbled shower, the overall interior finishes and systems appear to be over 20 years old, placing it in the 'Fair' category as it requires modernization and minor repairs.
The property features a large detached outbuilding and a separate downstairs flex room with its own entrance, providing exceptional utility for a home office, creative studio, or guest quarters.
This storybook bungalow seamlessly blends classic charm with modern updates, including a remodeled bathroom with a pebbled shower and an open-concept living area with beautiful wood floors.
Situated in the desirable Forest Lakes community, the home offers immediate access to a neighborhood park and swimming hole, combining a serene retreat with active recreational amenities.
With only one bedroom and one bathroom, the property's appeal may be restricted to individuals or couples, potentially limiting the pool of interested buyers.
The property has been on the market for 82 days, which may suggest that the current list price is high relative to its niche size and single-bedroom configuration.
Ideally situated in the serene Forest Lakes community, this sunny, storybook bungalow offers a bright and peaceful retreat on a spacious lot with plenty of room to garden and roam. Ideally located with easy access to the neighborhood park, swimming hole, and recreational areas, this home seamlessly blends rustic charm with everyday convenience. Inside, the main level features a warm and inviting open-concept living space filled with natural light and accented by beautiful wood floors. A separate dining area, generously sized bedroom and remodeled bathroom with pebbled shower add modern comfort without sacrificing the home's cozy character. Step outside to enjoy effortless indoor-outdoor living on the private deck which is ideal for relaxing or entertaining and overlooks a natural, tranquil yard. The property also includes a large detached outbuilding, perfect for use as a workshop, studio, or meditation space. Downstairs, a separate flex room with its own entrance offers excellent versatility for a home office, creative space, or studio area. The thoughtful layout allows for great separation of space, and additional under-house storage enhances everyday practicality. This is a rare opportunity to own a peaceful getaway in a sought-after setting. Dont miss this special gem!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 962 | 1,837 |
| Lot Size | 6,621 | 24,698.5 |
| Price | $699.0K | $1.05M |
| Price per sq ft | $727 | $565 |
| Built year | 1960 | 1957 |
| HOA | $0 | $2.7K |
| Days on market | 87 | 53 |
Apr 27, 2026
$699,000
Initial Listing
Jun 29, 2001
$313,000
Public Record
Jul 22, 1998
$170,000
Public Record