
Boulder Creek, California 95006
This Versatile Creekside Residence is a High-Potential Investment Opportunity, listed at $799,000—positioned below the $827,459 Fair Market Value by 3%. This valuation gap offers $28,459 in Instant Equity. The property maintains a Condition Rating of 3 with a remodeled bathroom and vaulted ceilings, complemented by an unfinished lower level ready for conversion into a rental or guest suite. Located on a rare 1/3-acre flat lot with creek and redwood views, it is ideal for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 250 Keller Drive Subject | $799,000* List Price | 2 | 1 | 1,728 | $479 | - |
A 160 Nellie Lane Active | $680,000 List Price | 3 | 2 | 1,602 | $424 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained. It features a recently remodeled bathroom with modern tile work and a glass-enclosed shower, along with a functional kitchen containing updated appliances and butcher block/stone countertops. While the home dates to 1939, the interior has been significantly updated with vaulted ceilings, skylights, and contemporary flooring. The primary living space requires no immediate renovation, though the lower-level bathroom remains an unfinished project.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12458, living area = 1728.
The property offers a rare private sanctuary among redwoods with a year-round creek and no neighbors across the water, providing exceptional tranquility and privacy.
A lower level with a private entrance, two large rooms, and potential for a kitchenette offers significant opportunity for a guest suite, home office, or rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1728, other record living area = 664. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The lower level bathroom is currently unfinished, requiring additional capital investment and construction work from the buyer to complete the secondary living space.
Dating back to 1939, the property may present maintenance challenges or require infrastructure updates typical of homes nearly a century old in a wooded environment.
Tucked among the redwoods along a wide, year-round creek, this property offers a rare combination of privacy, flat usable land, and flexible living space on approximately 1/3 acre. With no homes across the creek, the setting feels like your own private sanctuary. Vaulted ceilings and skylights fill the home with natural light, creating a bright & inviting living space that feels larger than the square footage suggests. The open living, dining and kitchen area flows out to a sunny deck overlooking the trees and creek below, creating a seamless indoor-outdoor connection. Recent improvements include a remodeled bathroom, updated appliances, and new washer and dryer. The lower level features a private entrance and adds valuable bonus space with two large rooms, a laundry area with potential kitchenette, and an unfinished bathroom ready for your custom bath, offering great potential for separate living space. The property also includes a detached garage/workshop and a separate storage shed, providing excellent space for projects, storage, or outdoor gear. Conveniently located just minutes to town, great commute location to Santa Cruz or Silicon Valley while still enjoying the peace and beauty of the redwoods. Bonus: Septic inspection passed. Home & Pest reports are already completed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 1,728 | 1,396.5 | 70% |
| Lot Size | 12,458 | 21,214 | 30% |
| Price | $799.0K | $690.0K | 70% |
| Price per sq ft | $462 | $458 | 55% |
| Built year | 1939 | 1948 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 187 | 10% |
Mar 26, 2026
$799,000
Initial Listing
Aug 2, 2024
$685,000
Public Record
Feb 24, 2021
$375,000
Public Record