2800 Lockhart Gulch, Scotts Valley, California 95066, Scotts Valley, 95066 - 5 bed, 4 bath
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2800 Lockhart Gulch
Scotts Valley, California 95066
ACTIVE
CONDITION: FAIR
5Beds
4Baths
3,597Sq Ft
1,528,520Lot Size
Property Price
LIST PRICE$2,975,000
SUMMARY
Analysis of 2800 Lockhart Gulch, Scotts Valley, California 95066 is currently available with a list price of $2,975,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Scotts Valley 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1980, the property is over 40 years old and remains largely in its original state. While the exterior and grounds are well-maintained, the kitchen and bathrooms are significantly dated with 1980s-era tile countertops and cabinetry. The listing explicitly mentions the opportunity to update, and while systems like the well (2022) and generator are newer, the living spaces require modernization.
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 = 1528520, living area = 3597.
- Expansive and Versatile Acreage
The property features approximately 35 acres of rare, usable land including rolling meadows, majestic redwood groves, and equestrian facilities, offering a level of privacy and space seldom found so close to town.
- Comprehensive Estate Amenities
Beyond the main 3,597 SF residence, the estate includes a separate studio unit, a pool and spa, private hiking trails, and a dedicated ocean-view lookout point, creating a true sanctuary lifestyle.
CONSRISKS & DEFICIENCIES
- Dated Interior Condition
Built in 1980, the main residence is described as having the 'opportunity to update and personalize,' suggesting that the interior finishes may be original and require additional capital investment for modernizing.
- Market Stagnation
With 59 days on market and a recent price reduction of $225,000 from the original list price, the property may be facing challenges in buyer perception or initial overpricing.
About 2800 Lockhart Gulch
2800 Lockhart Gulch offers a rare opportunity to own an exceptional private estate in the heart of Scotts Valley. Set behind gates on approximately 35 acres of rolling meadows and majestic redwood groves, this one-of-a-kind property combines usable land, natural beauty, and close-in convenience just minutes from town. The 3,597 SF main residence features 5 bedrooms and 3.5 bathrooms with a functional layout offering both everyday livability and the opportunity to update and personalize over time. A separate studio unit with attached garage provides flexibility for guests, extended living, or a creative space. Outdoor amenities include a pool, separate spa, entertaining areas, and private trails winding through your own park-like sanctuary of towering redwoods. The land is largely usable with sunny meadows, fenced and cross-fenced horse pastures milled from redwoods harvested on the property, a tack room, and multiple flat areas ideal for equestrian use, mountain biking, sports fields, or simply enjoying the outdoors. Additional features include a well installed in 2022, a new 12x24 storage shed, an ocean-view lookout point, and a whole home generator. A truly rare Scotts Valley offering providing space, serenity, and endless lifestyle potential just minutes from Mt. Hermon Road.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 1,528,520 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,597 | 2,277.208 |
| Lot Size | 1,528,520 | 15,971.917 |
| Price | $2.98M | $1.58M |
| Price per sq ft | $827 | $675 |
| Built year | 1980 | 1988 |
| HOA | $0 | $306 |
| Days on market | 85 | 50 |
Pricing History
Listed for Sale
Aug 14, 2026
$2,975,000
$3,200,000
-7% Price Drop
Initial Listing
Price Change
Jun 16, 2026
$3,200,000
Initial Listing