1239 La Madrona Drive, Santa Cruz, California 95060, Santa Cruz, 95060 - 4 bed, 3 bath
1239 La Madrona Drive
Santa Cruz, California 95060
Property Price
SUMMARY
Analysis of 1239 La Madrona Drive, Santa Cruz, California 95060 reveals a Fairly Priced Property with a current list price of $1,599,000 aligned with the estimated $1,599,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Santa Cruz Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1977, this home is spacious and functional but remains largely in its original or dated state. The kitchen features older wood cabinetry, tiled countertops, and dated appliances, while the bathrooms and living areas show 1970s-era finishes, carpets, and fixtures. While well-maintained and suitable for rental or student housing as noted in the description, it requires significant cosmetic updates and modernization to meet current market standards for a high-end primary residence.
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 = 110207, living area = 3206.
- Expansive Acreage
Situated on a 2.5-acre lot, this property offers rare privacy and significant outdoor space in a prime location bordering Santa Cruz and Scotts Valley.
- Versatile Floor Plan
The 3,206 sq.ft. single-story layout includes up to five bedrooms and four full baths, providing excellent potential for multi-generational living or a high-capacity rental investment.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1977, the home likely requires cosmetic updates and system modernizations to align with contemporary luxury standards and maximize its market value.
- Market Momentum
Recent price reductions from the original $1.799M listing suggest the property has struggled to find its market value, which may lead to buyer hesitation during negotiations.
About 1239 La Madrona Drive
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. Great large home that accommodates many people, or an investment property for renters, UCSC students.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 110,207 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 79% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 3,206 | 1,507 | 88% |
| Lot Size | 110,207 | 7,144 | 91% |
| Price | $1.60M | $1.35M | 72% |
| Price per sq ft | $499 | $866 | 11% |
| Built year | 1977 | 1971 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 197 | 172 | 67% |
Pricing History
Listed for Sale
Feb 18, 2026
$1,599,000
$1,699,000
-6% Price Drop
Initial Listing
Price Change
Sep 12, 2025
$1,699,000
$1,799,000
-6% Price Drop
Initial Listing
Price Change
Aug 22, 2025
$1,799,000
Initial Listing