
Scotts Valley, California 95066
Analysis of 322 Canham Road, Scotts Valley, California 95066 reveals a Prime Investment Opportunity with a current list price of $1,975,000—significantly undercutting the $2,140,397 Fair Market Value by 8%. This valuation gap indicates a +$165,397 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 322 Canham Road Subject | $1,975,000* List Price | 4 | 4 | 2,729 | $784 | - |
A 6 Timber Ridge Lane Pending | $2,349,000 List Price | 4 | 3 | 3,134 | $750 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1976, the property has been 'gorgeously remodeled' with high-end finishes throughout. The kitchen features quartz slab counters, custom cabinetry, a built-in Miele espresso station, and top-of-the-line stainless steel appliances, all appearing virtually new and modern in the images. The primary en suite boasts a luxurious steam shower and claw-foot soaking tub, indicating a comprehensive and recent update. The overall aesthetic, modern fixtures, and quality of materials visible in the images align with an extensively renovated property meeting current quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 164962, living area = 2729.
The property has been gorgeously remodeled, featuring a spectacular chef's kitchen with quartz counters, Miele espresso station, and top-of-the-line appliances, alongside a luxurious primary suite with a steam shower and claw-foot tub, indicating significant investment and modern appeal.
Situated on 3.78 acres at the end of a peaceful lane, the property offers exceptional privacy and beauty, a highly desirable and premium feature in the Scotts Valley area.
Despite extensive remodeling, the home was originally built in 1976, which may raise concerns about the condition of unmentioned core systems (e.g., plumbing, electrical, foundation) that might not have been fully updated.
The expansive 3.78-acre lot, coupled with a pool, spa, outdoor kitchen, artificial lawn, barn, and animal facilities, requires significant ongoing time and financial investment for maintenance, which may not appeal to all buyers.
While a whole house fan is mentioned, the property description does not specify central air conditioning, which could be a drawback for some buyers, particularly during warmer periods or for those accustomed to this amenity in luxury homes.
Gorgeously remodeled custom retreat on 3.78 acres of privacy and beauty! Tucked away at the end of a peaceful lane yet just minutes to town, this stunning single-level home captures breathtaking valley views from nearly every angle. The sprawling floor plan offers 4 bedrooms PLUS office, both a formal living room & separate family room. You'll fall in love w/ the spectacular chefs kitchen, featuring quartz slab counters, grand island w/ seating for 6, custom cabinetry, a built-in Miele espresso station, & top-of-the-line SS appliances all framed by gorgeous sunset views. The primary suite is an absolute sanctuary, complete with its own fireplace, walk-in closet, and a luxurious en suite showcasing a steam shower and a claw-foot soaking tub. Outdoors, entertain and unwind beside the sparkling pool with rock waterfall and spa, outdoor bar and kitchen. The property also features an expansive yard with artificial lawn, a charming children's tree house with a view porch, and countless spaces to relax and enjoy the serene surroundings. For animal lovers, there's a two-stall barn, tack room, chicken coop, and corral with direct trail access to Glenwood Open Preserve right from Canham Road. Two 2-car garages, solar, a whole house fan, and generator. Scotts Valley has great schools, too!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 4.0 | 3.0 | 71% |
| Square foot | 2,729 | 2,144 | 68% |
| Lot Size | 164,962 | 15,333 | 87% |
| Price | $1.98M | $1.62M | 74% |
| Price per sq ft | $724 | $712 | 52% |
| Built year | 1976 | 1984 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 151 | 157 | 48% |
Nov 4, 2025
$1,975,000
Initial Listing
May 21, 2021
$1,550,000
Public Record