3485 Stable Lane, Santa Cruz, California 95065, Santa Cruz, 95065 - 3 bed, 2 bath

3485 Stable Lane, Santa Cruz, California 95065 home-pic-0
ACTIVE$8,200,000
3485 Stable Lane, Santa Cruz, California 95065
3Beds
2Baths
950Sqft
855,954Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Expansive Acreage & Privacy: A substantial 19.65-acre private, gated ranch offering unparalleled seclusion and ample space for various uses.
Top Cons:
Absence of Primary Residence Details: The listing highlights a caretaker's home (950 sqft) but provides no information on a main residence, suggesting a buyer would need to undertake significant new construction.

Compared to the nearby listings

Price:$8.20M vs avg $1.34M (+$6,862,500)94%
Size:950 sqft vs avg 1,753 sqft11%
Price/sqft:$8.6K vs avg $78994%

More Insights

Built in 1995 (30 years old).
Condition: The caretaker's home, built in 1995, is 30 years old. While well-maintained and functional, the interior finishes, particularly in the kitchen and bathrooms, show signs of being outdated. The kitchen features older style wood cabinets and countertops, despite having updated stainless steel appliances. The bathroom vanity, mirror, and light fixtures are also dated. Flooring is a mix of wood laminate and carpet, which appears clean but not new. The overall aesthetic suggests regular upkeep but no major, recent renovation, aligning with the 'Fair' condition criteria.
Year Built
1995
Close
-
List price
$8.2M
Original List price
$8.2M
Price/Sqft
$8,632
HOA
-
Days on market
-
Sold On
-
MLS number
ML82006103
Home ConditionFair
Features
Good View: Mountain(s), Pasture, Trees/Woods
Deck
Patio
ViewMountain(s), Pasture, Trees/Woods

About this home

Welcome to Loma Alta Estate, a private 19.65-acre ranch in Santa Cruzs exclusive Old Pilkington Rd community. This gated sanctuary borders DeLaveaga Golf Course & Santa Cruz Shakespeare, just 10 mins from Hwy 1, Hwy 17 & local beaches. Above the fog line, the property offers sunny mornings, manicured pastures, mature oaks, a private road, and cross-fencing. The 2,400 sq ft remodeled barn features 4 stalls, tack room, wash stall, hay storage, loft, offices & half bath. A 3BR/2BA caretakers home w/ guest quarters, outdoor kitchen, patio & fenced yard adds charm and flexibility. Zoned AG/Special Use, with 2 productive wells, underground utilities & extensive hardscaping. A legacy property rich in character with endless opportunities such as equestrian use, future estate development through land division, or family compound and all located within minutes to town creates this unique offering. This amazing property has been in the same family for the past 55 years and it's now your chance to own one of Santa Cruz last luxurious ranches.

Condition Rating
Fair

The caretaker's home, built in 1995, is 30 years old. While well-maintained and functional, the interior finishes, particularly in the kitchen and bathrooms, show signs of being outdated. The kitchen features older style wood cabinets and countertops, despite having updated stainless steel appliances. The bathroom vanity, mirror, and light fixtures are also dated. Flooring is a mix of wood laminate and carpet, which appears clean but not new. The overall aesthetic suggests regular upkeep but no major, recent renovation, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Expansive Acreage & Privacy: A substantial 19.65-acre private, gated ranch offering unparalleled seclusion and ample space for various uses.
Strategic & Exclusive Location: Situated in Santa Cruz's exclusive Old Pilkington Rd community, bordering a golf course and theater, yet minutes from major highways and beaches.
Exceptional Equestrian Infrastructure: Features a 2,400 sq ft remodeled barn with 4 stalls, tack room, wash stall, hay storage, loft, and offices, catering to serious equestrian needs.
Significant Development Potential: Zoned AG/Special Use, offering opportunities for future estate development through land division or creation of a multi-generational family compound.
Functional Caretaker's Residence & Utilities: Includes a 3BR/2BA caretaker's home with guest quarters, outdoor kitchen, and is supported by two productive wells and underground utilities.

Cons

Absence of Primary Residence Details: The listing highlights a caretaker's home (950 sqft) but provides no information on a main residence, suggesting a buyer would need to undertake significant new construction.
High Price Point for Undeveloped Estate: The $8.2 million asking price is substantial, especially given the likely need for a new primary home, which significantly narrows the potential buyer pool.
Niche Market Appeal: While versatile, the property's specific ranch and equestrian focus, combined with the implied need for primary home construction, targets a very specific and potentially limited buyer demographic.

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