1239 La Madrona Drive, Santa Cruz, California 95060, Santa Cruz, 95060 - 4 bed, 4 bath
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Santa Cruz, California 95060
This Sprawling Single-Family Residence represents a High-Potential Investment Opportunity, listed at $1,599,000—positioned well below the $1,593,092 Fair Market Value by 0%. While the property requires modernization due to its Fair Condition Rating, the 2.5-acre lot and 3,206 sq.ft. layout offer significant value-add potential. Featuring a circular driveway, carport for 6 cars, and versatile bonus room, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a strategic commuter location near UCSC and San Jose.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1239 La Madrona Drive Subject | $1,599,000* List Price | 4 | 4 | 3,206 | $497 | - |
A 2000 Glen Canyon Road Active | $1,649,000 List Price | 4 | 3 | 2,981 | $553 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this property is functional but significantly dated. The kitchen features older oak cabinetry, fluorescent light boxes, and patterned tile flooring that appear to be 30+ years old. While the home is sprawling and move-in ready, the presence of popcorn ceilings, aged carpeting, and original architectural details indicates that systems and finishes are well past their prime and require modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 110207, living area = 3206.
Situated on a 2.5-acre lot, the property features a circular driveway, a 4-6 car carport, and a separate garage, offering unparalleled space for car collectors, workshops, or large-scale storage.
The sprawling 3,206 sq.ft. one-story layout includes four bedrooms plus a bonus room and four full baths, providing significant flexibility for multi-generational living or high-capacity rental opportunities.
With over 300 days on the market and multiple price reductions, the property may carry a 'stale listing' perception, suggesting potential challenges in buyer interest or initial overpricing.
Built in 1977, the home may require significant capital investment for modernizing systems and finishes to meet the contemporary standards expected at this price point.
Saturday Open House ** Sprawling 3,206 sq.ft., one story home on 2.5 acres, bordering the Santa Cruz and Scotts Valley areas. Great commuter location to UCSC and the San Jose area. Four bedrooms and a bonus room currently used as a 5th bedroom. Four full baths, Large living room, currently divided as a living area with wet bar and fireplace, also a sitting area by the main entrance, off the kitchen. There is a great room with fireplace open to the dining area and kitchen, a great gathering area. A patio area off of the dining area offers opportunity for outdoor gatherings. Large primary bedroom has sliding glass door leading to an outdoor sitting area. This primary bedroom is handicap accessible. Huge laundry room adjacent to a pantry. Circular driveway, with carport parking for 4-6 cars and storage cabinets, and separate garage. Uncovered parking on the property for many more cars. Car collectors dream! lots of room for workshop trucks as well. Great large home that accommodates many people, or an investment property for renters, UCSC students.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,206 | 1,641 |
| Lot Size | 110,207 | 6,229 |
| Price | $1.60M | $1.57M |
| Price per sq ft | $499 | $939 |
| Built year | 1977 | 1978 |
| HOA | $0 | $288 |
| Days on market | 335 | 37 |
Feb 18, 2026
$1,599,000
$1,699,000
-6% Price Drop
Initial Listing
Sep 12, 2025
$1,699,000
$1,799,000
-6% Price Drop
Initial Listing
Aug 22, 2025
$1,799,000
Initial Listing