243 Ada Avenue, Felton, California 95018, Felton, 95018 - 3 bed, 2 bath

243 Ada Avenue, Felton, California 95018 home-pic-0
ACTIVE UNDER CONTRACT$777,000
243 Ada Avenue, Felton, California 95018
3Beds
2Baths
1,432Sqft
5,445Lot
Year Built
1956
Close
-
List price
$777K
Original List price
$998K
Price/Sqft
$543
HOA
-
Days on market
168 Days
Sold On
2026-01-05
MLS number
ML82015400
Home ConditionPoor
Features
Good View: Hills, Neighborhood, Trees/Woods
ViewHills, Neighborhood, Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $777.0K(45th), sqft - 1432(50th), beds - 3(50th), baths - 2(50th).

Incredible opportunity for the discerning Buyer, Investor and/or Builder to finish remodeling this single-level, gorgeous home and detached garage on flat land and own in the most sought-after, sunny, walkable neighborhood; Felton Acres. A higher foundation level perches the home in a way to capture views of green hills from the living room. All permits are current to May 2026 by the County of SC. Build away today! This thoughtfully-designed property in mid-renovation comes with sophisticated building, landscape and septic plans from local experts. Engineered septic designed to add a future ADU. Stunning engineered trusses, new electrical main panel and comp roof installed in 2023. Gorgeous hardwood oak floors, lots of light and parking. Front and back yards flat and graded. Designed for a progressive Heat/AC pump system with ducted air in attic throughout house. Extra tall storage room in attic to be accessed by drop-down ladder. Walk one block to the Farmer's Market and a few more to downtown's hip breweries, wineries, cafes, boutiques, the new library, post office, Wild Roots Market, Henry Cowell's redwoods, camping and trails, epic mountain biking and the iconic Covered Bridge Park with pump track. 15 minutes to Santa Cruz's beaches and UCSC. Fruitful plum tree and roses.

Price History

Date
Event
Price
10/23/25
Price Change
$777,000-12.6%
08/23/25
Price Change
$888,888-10.9%
07/21/25
Listing
$998,000
Condition Rating
Poor

The property is explicitly described as being in 'mid-renovation' and the images confirm it is gutted to the studs. While major structural components like engineered trusses, a new electrical main panel, and a new comp roof were installed in 2023, the interior lacks finished walls, flooring, kitchen, and bathrooms. It is not move-in ready and requires substantial rehabilitation to be habitable, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Prime Walkable Location: Located in the highly sought-after, sunny, and walkable Felton Acres neighborhood, offering easy access to the Farmer's Market, downtown amenities (breweries, cafes, boutiques, library), and outdoor activities like Henry Cowell's redwoods and mountain biking trails. Only 15 minutes to Santa Cruz beaches and UCSC.
Extensive Permitted Renovation: The property is thoughtfully designed and in mid-renovation with all necessary permits current until May 2026, including sophisticated building, landscape, and septic plans from local experts, significantly de-risking the completion process for the buyer.
Significant Infrastructure Upgrades: Recent upgrades in 2023 include stunning engineered trusses, a new electrical main panel, and a new comp roof, providing a solid and modern foundation for the home.
ADU Potential: The engineered septic system is specifically designed to accommodate a future Accessory Dwelling Unit (ADU), offering excellent potential for rental income or expanded living space.
Desirable Interior & Exterior Features: Features gorgeous hardwood oak floors, abundant natural light, flat and graded front and back yards, and views of green hills from the living room, enhancing livability and aesthetic appeal.

Cons

Incomplete Renovation: The property is in a mid-renovation state, requiring the buyer to complete the remaining construction work, which involves additional time, effort, and financial investment.
Uncertainty of Completion Costs: While plans are provided, the exact cost and timeline to finalize the sophisticated building and landscape designs are not specified, posing a potential financial variable for the buyer.
Limited Immediate Occupancy: Due to the ongoing renovation, the property is not move-in ready, which may not suit buyers seeking immediate occupancy without further construction.

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