15 Braemoor Drive, Santa Cruz, California 95060, Santa Cruz, 95060 - 1 bed, 1 bath
15 Braemoor Drive
Santa Cruz, California 95060
Property Price
SUMMARY
Analysis of 15 Braemoor Drive, Santa Cruz, California 95060 reveals a Prime Investment Opportunity with a current list price of $625,000—significantly undercutting the $653,871 Fair Market Value by 4%. This valuation gap indicates a +$28,871 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15 Braemoor Drive Subject | $625,000* List Price | 1 | 1 | 280 | $2,335 | - |
A 335 Braemoor Drive Active | $564,900 List Price | 1 | 1 | 220 | $2,568 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property features a brand-new 2024 custom-built tiny home with high-end finishes comparable to luxury new construction. The interior includes a full kitchen and bathroom with modern fixtures, new mini-split HVAC, dual-pane windows, and updated electrical systems (200-amp panel). All components are new with no deferred maintenance, and the site infrastructure (septic and well) is fully functional and recently installed.
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 = 47088, living area = 280.
- Development Ready with Permits
The property comes with active permits and submitted plans for a 2,300 sqft main residence and detached garage, bypassing the lengthy and difficult Santa Cruz County building approval process.
- Complete Utility Infrastructure
The site is fully equipped with essential utilities, including a functioning 1,500-gallon septic system, a private well with a pressurizer pump, and a permanent 200-amp PGE electrical panel.
CONSRISKS & DEFICIENCIES
- Limited Immediate Living Space
The current primary residence is a 280 sqft tiny home on wheels, which may not meet the space requirements for many buyers and can pose challenges for traditional residential financing.
- Substantial Construction Investment Required
To realize the property's full value, the buyer will need to commit significant additional capital to construct the permitted 2,300 sqft home and detached garage.
About 15 Braemoor Drive
Custom tiny home with active permits to rebuild on a flat 1 acre parcel. When you close your eyes and imagine what the perfect tiny home setup would be on a Santa Cruz mountain property - this is exactly that concept, brought to reality. This 280 sqft custom built tiny house on wheels includes sleeping loft, full kitchen, breakfast nook, full bathroom, mini split heating/ cooling, dual pane windows, and full laundry all wrapped in finishes common to newly built custom homes. The flat, rectangular 1.08 acres includes tree lined driveway, functioning 1500 gallon septic, private well water with pressurizer pump, and permanent 200 amp panel from PGE installed on site. Also included is a garden shed, 40 ft shipping container wired (but not electrified) to be a shop, taller than average carport (large enough for a small/ medium RV, boat, or trailer). Plans have been submitted for permits and are available for review for a 3 bed 2 bath home at about 2,300 sqft with a detached 2 car garage with rumpus room above. Permits for proposed plan to be active on or before close of escrow. The lot offers some mixed woods (including apple, pear, and cherry trees), full sun, and every square foot of it is useable which is rare in the mountains with easy access to Santa Cruz, Felton, and Davenport.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 47,088 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $200.0 / Month
Neighborhood Insights
Santa Cruz Unified Schools
Bonny Doon Elementary School
Grades K-6 • 3.6 mi
San Lorenzo Valley Middle School
Grades 6-8 • 5.1 mi
Mission Hill Middle School
Grades 6-8 • 11.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 5% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 280 | 1,489 | 2% |
| Lot Size | 47,088 | 7,144 | 89% |
| Price | $625.0K | $1.32M | 4% |
| Price per sq ft | $2.2K | $886 | 98% |
| Built year | 2024 | 1971 | 98% |
| HOA | $200.0 | $0 | 86% |
| Days on market | 12 | 169 | 2% |
Pricing History
Listed for Sale
Feb 23, 2026
$625,000
Initial Listing
Sold
May 31, 2022
$375,000
Public Record