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414 Prospect Avenue, Felton, California 95018, Felton, 95018 - 3 bed, 2 bath

414 Prospect Avenue, Felton, California 95018 home-pic-0
ACTIVE$1,198,000
414 Prospect Avenue, Felton, California 95018
3Beds
2Baths
1,615Sqft
6,665Lot
Year Built
1946
Close
-
List price
$1.2M
Original List price
$1.27M
Price/Sqft
$742
HOA
-
Days on market
-
Sold On
-
MLS number
ML82009535
Home ConditionExcellent
Features
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $1.20M(82th), sqft - 1615(59th), beds - 3(50th), baths - 2(50th).

Welcome to the most charming home in Felton! Two turn-key homes in the sought-after Forest Lakes neighborhood. Main home consists of 3 bedrooms, 1 bathroom and has been thoughtfully remodeled throughout. Enjoy the new quartz kitchen complete sit up peninsula. Other features include LVP flooring, recessed lighting, picturesque windows, stunning bathroom remodel, primary bedroom with vaulted ceilings, one car garage and a private fenced backyard. The second unit is a detached studio that has been renovated with a new kitchen complete with granite, new cabinets, LVP flooring, recessed lighting, and a fully remodeled bathroom. New electrical throughout both units (each with their own meter). New drainage installed around the property. Plenty of parking and space for an oversized vehicle. This Felton location does not get any better - only 2 blocks from Hwy 9, walk to Henry Cowell, downtown Felton, Roaring Camp, Forest Lakes, and so much more!

Price History

Date
Event
Price
08/07/25
Price Change
$1,198,000
06/03/25
Listing
$1,268,000
Condition Rating
Excellent
Despite being built in 1946, this property has undergone extensive and recent renovations, making it virtually new in terms of condition and aesthetics. Both the main home and the detached studio feature new kitchens with quartz/granite countertops, new cabinets, LVP flooring, recessed lighting, and fully remodeled bathrooms with modern fixtures. Significant infrastructure updates include new electrical systems throughout both units and new drainage. The overall quality, style, and features meet current standards with no apparent deferred maintenance, aligning with the 'extensively renovated within 5 years' criteria for an excellent rating.
Pros & Cons

Pros

Income Potential / Multi-Generational Living: The property features two turn-key homes (a main 3-bedroom, 1-bath residence and a detached, renovated studio with its own kitchen and bath), offering significant flexibility for rental income, guest accommodation, or multi-generational living.
Extensive Modern Renovations: Both units have undergone comprehensive, high-quality remodels including new kitchens (quartz/granite, new cabinets), LVP flooring, recessed lighting, and updated bathrooms, presenting a move-in ready condition.
Updated Infrastructure: Key updates such as new electrical systems throughout both units (each with their own meter) and new drainage installed around the property significantly reduce immediate maintenance concerns and add long-term value.
Prime Walkable Location: Situated in the desirable Forest Lakes neighborhood, the property offers excellent walkability to downtown Felton, Henry Cowell Redwoods State Park, Roaring Camp, and provides easy access to Highway 9.
Ample Parking & Private Outdoor Space: The property provides plenty of parking, including space for an oversized vehicle, and the main home benefits from a private fenced backyard, enhancing livability and utility.

Cons

Main Home Bathroom Ratio: The main 3-bedroom home features only one bathroom, which can be a significant functional constraint for families or multiple occupants, potentially impacting daily convenience and future resale appeal.
Age of Core Structure: Despite extensive cosmetic and electrical renovations, the property's 1946 build year suggests that underlying systems (e.g., original plumbing, foundation, roof) not explicitly mentioned as replaced may still be older, potentially requiring future attention.
Recent Price Adjustment: The property has experienced a price reduction from its initial listing, which, while a common market strategy, can sometimes lead buyers to question the initial valuation or perceive a lack of strong demand.

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