
Scotts Valley, California 95066
This Custom-Built Estate represents a Strong Value Opportunity, listed at $1,890,000—positioned well below the $2,024,956 Fair Market Value by 6%. This valuation gap offers $134,956 in Instant Equity. With a Condition Rating of 4, the home features modern infrastructure like a new roof and solar, while offering cosmetic upside through interior updates. Boasting breathtaking canyon views, a private hot tub, and a spacious basement, this property is ideal for Owner-Occupants seeking a private sanctuary or Value-Add Investors.
Property is moderate renovation needed.
Built in 1994 (30 years old), the property is exceptionally well-maintained but remains aesthetically dated. While it features significant system upgrades including a new roof (under 22 months), solar, and a generator, the kitchen and bathrooms retain original honey oak cabinetry and tile work consistent with its 30-year age, requiring cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 518800, living area = 3197.
Situated on nearly 12 acres with a gated entrance, this property offers unparalleled privacy and breathtaking canyon views of the Santa Cruz Mountains, providing a rare sense of serenity.
The home features high-value capital improvements including an owned solar system, a whole-house Generac generator, and a roof less than two years old, ensuring long-term reliability and energy efficiency.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =518800, other record lot size in square feet = 519017. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The massive 11.9-acre lot with established gardens, fruit trees, and grapevines requires significant ongoing labor and expense for landscaping, irrigation, and mandatory fire vegetation management.
While the home has fresh paint and new carpet, many of the core fixtures and finishes reflect the original 1994 custom build and may require further modernization to meet current luxury market expectations.
Custom built in 1994 & on the market for the first time, 2500 Nelson Road is a gated estate offering breathtaking canyon views of the San Lorenzo Valley & Santa Cruz Mountains. Light filled formal entry w/ grand staircase & high ceilings leads to the large chef's kitchen w/ huge island & bright dining area which opens directly into a spacious living room on one side. A door on the other side leads to a large formal family room, perfect for entertaining. Main level also includes a guest bedroom & full bath, ideal for multi-generational living & overnight visitors. Primary suite is a true sanctuary with massive proportions, jetted tub, & large walk-in closet. 2 guest rooms share a Jack & Jill bathroom & private balcony patios. Upstairs laundry adds everyday convenience! The home has brand new carpet & a fresh coat of exterior paint. Outside, enjoy a private hot tub, beautiful pergola, dog run, garden beds, & fruit trees including citrus & established grapevines. Owned solar system & whole house Generac generator, detached 3 car garage with/ home gym, parking for RV's & recreational toys. New roof less than 22 months old! Complete with a spacious basement and located just 10 minutes from downtown Scotts Valley, this home perfectly balances mountain serenity with modern convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,197 | 2,245 | 88% |
| Lot Size | 518,800 | 15,158 | 94% |
| Price | $1.89M | $1.53M | 67% |
| Price per sq ft | $591 | $720 | 18% |
| Built year | 1994 | 1990 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 109 | 3% |
May 20, 2026
$1,890,000
Initial Listing