
Santa Cruz, California 95065
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $1,650,000—positioned above the $1,551,937 Fair Market Value. While priced at a premium, the property offers a Condition Rating of 2, featuring high-end renovations, owned solar, and an expansive 7.78-acre lot with panoramic mountain views. The open-concept layout, luxurious primary suite, and detached studio provide a rare, tranquil lifestyle in the Happy Valley community. This property is an ideal acquisition for discerning homeowners or lifestyle-focused buyers seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 251 Starlight Terrace Subject | $1,650,000* List Price | 3 | 2 | 3,050 | $509 | - |
A 555 Bohnen Road Sold | $1,225,000 | 3 | 3 | 2,280 | $537 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1979, the property has undergone extensive high-end renovations that appear to be within the last 5 years. The kitchen features modern white shaker cabinetry, stone countertops, and updated stainless steel appliances, while the primary bathroom is fully modernized with a freestanding soaking tub and glass-enclosed shower. The inclusion of owned solar panels and the mint condition of the expansive decking and interior finishes indicate a home requiring no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 127239, living area = 3050.
The sale includes two parcels totaling nearly 8 acres in the desirable Happy Valley community, offering rare privacy and significant outdoor space for recreation or expansion.
An open-concept floor plan with oversized windows and a luxurious primary suite deck maximizes the breathtaking mountain views and abundant natural light.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3050, other record living area = 2776.
Built in 1979, the property may require modern cosmetic updates or system upgrades to align with contemporary luxury preferences and standards.
Situated 20 minutes from town, the commute and distance from urban amenities may be a drawback for buyers seeking immediate convenience.
Sale includes two parcels totaling 7.787 acres. The appropriately named street this beautiful home sits on is just a prelude to this spectacular home's additional views. Encompassing just under three acres with breathtaking views of the mountains, you'll find unparalleled tranquility and peace. The house features 3 bed/2 bath with an open-concept floor plan. Oversized windows and sliding glass doors line the common areas, bringing the outside in and allowing an abundance of gorgeous natural light to stream into the home. The luxurious primary suite features deck access, two walk-in closets, and an en suite bathroom with a separate stall shower and soaking tub, the perfect place to wind down with a crisp glass of wine from a local vintner. The grounds have been lovingly maintained with mature fruit trees and a rose garden that even the most discerning rosarian would enjoy spending time in. The detached two-car garage ensures plenty of room for vehicles, storage, and toys. Additional storage space includes the basement, sheds, and studio. Owned Solar helps to minimize PG&E bills. Just 20 minutes to town while feeling like you're away from the hustle and bustle. Don't miss out on this chance to be a part of the aptly named and highly desirable Happy Valley community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 3,050 | 1,697.986 |
| Lot Size | 127,239 | 6,864.608 |
| Price | $1.65M | $1.63M |
| Price per sq ft | $541 | $940 |
| Built year | 1979 | 1973 |
| HOA | $0 | $352 |
| Days on market | 14 | 38 |
Aug 26, 2026
$1,650,000
Initial Listing
Jul 1, 2014
$1,150,000
Public Record
Apr 30, 2004
$889,000
Public Record