31 Arabian Way, Scotts Valley, California 95066, Scotts Valley, 95066 - 2 bed, 2 bath
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31 Arabian Way
Scotts Valley, California 95066
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
2Beds
2Baths
1,289Sq Ft
0Lot Size
Property Price
LIST PRICE$747,500
EST. MARKET VALUE
$757,750
SUMMARY
This Turnkey Townhouse is a Strong Value Opportunity, listed at $747,500—positioned well below the $757,750 Fair Market Value by 1.35%. This valuation gap offers $10,250 in Instant Equity for the buyer. Featuring a Mint Condition Rating with recent system upgrades, this home offers a lifestyle of comfort with mountain views, a private yard, and access to top-rated schools (8/10). It is an ideal acquisition for first-time buyers or commuters seeking a move-in-ready sanctuary in Scotts Valley.
Estimated Market Value
$757,750
Based on Realkey algorithm analyzing recent comparable sales in Scotts Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31 Arabian Way Subject | $747,500* List Price | 2 | 2 | 1,289 | $588 | - |
A 107 Arabian Way Sold | $780,000 | 2 | 2 | 1,286 | $607 | 0.1 mi |
B 146 Bean Creek Road D3 Sold | $799,000 | 2 | 2 | 1,287 | $621 | 0.6 mi |
C 203 Bean Creek Road K Sold | $799,000 | 3 | 3 | 1,504 | $531 | 0.6 mi |
D 4 Carriage Lane Active | $755,000 List Price | 2 | 2 | 1,286 | $587 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1986, the property has undergone a comprehensive recent renovation (under 5 years) including new luxury vinyl plank flooring, fresh paint, and updated kitchen and bathrooms. Critically, major systems including the furnace, water heater, and electrical have been replaced, along with new appliances, placing it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Recent Updates
The property is in move-in-ready condition featuring new luxury vinyl plank flooring, fresh interior paint, and updated essential systems including the furnace, water heater, and electrical.
- Prime Location and Schools
Ideally situated near Highway 17 for Silicon Valley commuters and within walking distance to top-rated Scotts Valley schools, all boasting high ratings of 8/10.
- Enhanced Living Features
The home offers a spacious feel with vaulted ceilings, mountain views, and rare townhouse conveniences like a private yard, patio, and an attached garage.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $770 is relatively high, which significantly increases the total monthly carrying cost and may impact buyer affordability.
- Limited Bedroom Count
With only two bedrooms, the property may see restricted demand from larger families or those requiring multiple dedicated home office spaces.
About 31 Arabian Way
Welcome to 31 Arabian Way, a beautifully refreshed townhome in the sought-after Scottsborough community of Scotts Valley. This inviting 2 bed/2 bath home offers 1,289 square feet of comfortable living space with a bright, open floor plan that is perfect for both everyday living and entertaining. Recent updates include luxury vinyl plank flooring throughout, fresh interior paint and replaced furnace, water heater, dishwasher and electrical providing a move-in-ready home with modern style and added peace of mind. Spacious living areas with vaulted ceilings are filled with natural light, creating a warm and welcoming atmosphere. Added conveniences are in-unit laundry, private yard and patio and attached garage providing additional storage. Enjoy the benefits of a lovely community with pool and well-maintained grounds in an exceptional location close to shopping, restaurants, parks and award-winning Scotts Valley schools. Conveniently located near 17, commuting to Silicon Valley or enjoying the beaches, redwoods and the wonderful recreational activities of Santa Cruz County is easy. Whether a first-time buyer, downsizing, or seeking an investment, 31 Arabian Way offers the perfect combination of comfort, convenience and value in one of Scotts Valley's most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1986
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $770.0 / Month
Neighborhood Insights
Scotts Valley Unified Schools
Brook Knoll Elementary School
Grades PK-5 • 1.6 mi
8/10
Scotts Valley Middle School
Grades 6-8 • 0.4 mi
8/10
Scotts Valley High School
Grades 9-12 • 2.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,289 | 1,620.667 |
| Lot Size | - | 1,822.833 |
| Price | $747.5K | $882.1K |
| Price per sq ft | $580 | $536 |
| Built year | 1986 | 2002 |
| HOA | $770.0 | $513 |
| Days on market | 19 | 80 |
Pricing History
Listed for Sale
Aug 21, 2026
$747,500
Initial Listing
Sold
May 12, 1994
$170,000
Public Record