3485 Stable Lane, Santa Cruz, California 95065, Santa Cruz, 95065 - 3 bed, 2 bath
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Santa Cruz, California 95065
Analysis of 3485 Stable Lane, Santa Cruz, California 95065 is currently available with a list price of $6,995,000. 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 Santa Cruz 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.
Property is moderate renovation needed.
Built in 1995, the home is approximately 30 years old and appears to retain most of its original finishes. While the structure is well-maintained and functional, the interior—including the kitchen cabinetry, carpeting, and bathroom fixtures—is dated and requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 855954, living area = 1270.
The property includes a comprehensive development analysis identifying lot split and land-use opportunities, offering significant long-term investment value for a 20-acre parcel in a prime location.
A professional-grade 2,400 sq. ft. barn with four stalls, tack room, wash rack, and office, combined with expansive pastures, makes this a premier turnkey estate for horse enthusiasts.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =855954, other record lot size in square feet = 708242.
The primary residence is relatively small at 1,270 sq. ft., which may necessitate further capital investment to expand or rebuild to match the luxury expectations of the $6.995M price point.
With over 220 days on the market and a significant $900,000 price reduction, the property may face challenges regarding buyer perception and liquidity in a niche luxury segment.
Rarely available, Loma Alta Ranch offers nearly 20 acres in one of Santa Cruz Countys most sought-after locations above DeLaveaga Golf Course, just minutes from downtown Santa Cruz. This private, gated estate features expansive pastures, mature oak woodlands, abundant wildlife, and sweeping valley views. Improvements include a charming 3/2 home w/guest quarters, outdoor kitchen, patio, fenced yard, and additional storage, creating an ideal setting for full-time living, recreation, or multi-generational use. Equestrian amenities include a 2,400± sq. ft. barn with four stalls, tack room, wash rack, hay storage, loft, office, and half bath, along with space for an arena, round pen, and trailer parking. Served by two private wells, the property also offers exceptional long-term potential with a comprehensive development analysis identifying possible lot split and land-use opportunities. The Eadie Development report shows the lot split potential and matrix outline. An adjoining 30+ acre parcel with ocean, valley, and knoll-top views is also available separately, creating a rare opportunity to assemble a premier legacy estate, see MLS#82027407 & MLS# ML82027818.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,270 | 1,641 |
| Lot Size | 855,954 | 6,229 |
| Price | $7.00M | $1.57M |
| Price per sq ft | $5.5K | $939 |
| Built year | 1995 | 1978 |
| HOA | $0 | $288 |
| Days on market | 253 | 37 |
Jun 25, 2026
$6,995,000
$7,895,000
-11% Price Drop
Initial Listing
Nov 12, 2025
$7,895,000
Initial Listing