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420 Bonnie Brae 420, Santa Cruz, California 95060, Santa Cruz, 95060 - 5 bed, 5 bath

420 Bonnie Brae 420, Santa Cruz, California 95060 home-pic-0
ACTIVE$8,895,000
420 Bonnie Brae 420, Santa Cruz, California 95060
5Beds
5Baths
5,123Sqft
2,615,908Lot

Price Vs. Estimate

The estimated value ($8,895,000) is $0 (0%) lower than the list price ($8,895,000). This property may be overpriced.

Key pros and cons

Top Pros:
Vast & Versatile Acreage: The property spans 60 private, usable acres across three parcels with four separate entrances, offering unparalleled privacy, expansion potential, and diverse land use opportunities.
Top Cons:
High Operating & Maintenance Costs: The sheer size of the property (60 acres) and the extensive specialized amenities (vineyard, equestrian, pool, observatory) will incur significant ongoing maintenance, staffing, and operational expenses.

Compared to the nearby listings

Price:$8.89M vs avg $1.51M (+$7,385,000)99%
Size:5,123 sqft vs avg 1,820 sqft99%
Price/sqft:$1.7K vs avg $91097%

More Insights

Built in 2008 (17 years old).
Condition: Built in 2008, this modern Craftsman-style estate presents in virtually new condition, exceeding typical expectations for its age. The gourmet kitchen features professional-grade stainless steel appliances (including a visible Wolf range), granite countertops, and rich wood cabinetry, all appearing pristine and meeting current luxury standards. Hardwood floors are immaculate throughout the main living areas, and light fixtures are stylish and appropriate. The property boasts extensive high-end amenities and infrastructure, such as a whole-home automatic commercial generator, solar panels with battery storage, and two wells, indicating meticulous maintenance and significant modern upgrades. There is no visible deferred maintenance or physical depreciation, aligning perfectly with the 'Excellent' criteria for current quality standards.
Year Built
2008
Close
-
List price
$8.89M
Original List price
$8.89M
Price/Sqft
$1,736
HOA
-
Days on market
-
Sold On
-
MLS number
ML81992786
Home ConditionExcellent
Features
Excellent View: Mountain(s), Vineyard
Pool
Spa
Patio
ViewMountain(s), Vineyard

About this home

Situated on 60 private acres of picturesque, usable land, this exceptional gated estate spans three parcels with four separate entrances, offering a unique combination of luxury, sustainability, and boundless potential. The 4,700 SqFt modern Craftsman-style home includes 5 bedrooms and 3.5 baths, an open-concept living area, a gourmet kitchen, soaring ceilings, and much more. Perfect for entertaining, the expansive outdoor spaces consist of a pristine pool, 423 SqFt cabana/ADU, outdoor kitchen, stone fireplace, hot tub, and a lush lawn. The award-winning 20-acre Pinot Noir vineyard with 4 distinct clones provides the option to continue farming, lease the land, or build your own winery. Equestrian amenities include a 6-stall barn with a wash area, tack room and bathroom, 4 paddocks, a pasture, and a 25,000 SqFt sport arena with all-weather footing. A private astronomical observatory allows for stargazing and imaging opportunities. The whole-home automatic commercial generator, solar panels with battery storage, and 2 wells with a 65k-gallon water storage system allow for a self-sufficient lifestyle. Located near Santa Cruz's world-class beaches, hiking and mountain biking trails, shopping, and dining, this estate provides a wonderful balance of privacy and convenience.

Condition Rating
Excellent
Built in 2008, this modern Craftsman-style estate presents in virtually new condition, exceeding typical expectations for its age. The gourmet kitchen features professional-grade stainless steel appliances (including a visible Wolf range), granite countertops, and rich wood cabinetry, all appearing pristine and meeting current luxury standards. Hardwood floors are immaculate throughout the main living areas, and light fixtures are stylish and appropriate. The property boasts extensive high-end amenities and infrastructure, such as a whole-home automatic commercial generator, solar panels with battery storage, and two wells, indicating meticulous maintenance and significant modern upgrades. There is no visible deferred maintenance or physical depreciation, aligning perfectly with the 'Excellent' criteria for current quality standards.
Pros & Cons

Pros

Vast & Versatile Acreage: The property spans 60 private, usable acres across three parcels with four separate entrances, offering unparalleled privacy, expansion potential, and diverse land use opportunities.
Luxury Outdoor & Entertainment Facilities: Expansive outdoor spaces include a pristine pool, 423 SqFt cabana/ADU, outdoor kitchen, stone fireplace, hot tub, and lush lawn, making it ideal for high-end entertaining and relaxation.
Income-Generating Vineyard: An award-winning 20-acre Pinot Noir vineyard with four distinct clones provides significant agricultural income potential, or the unique opportunity to develop a private winery.
Comprehensive Equestrian Amenities: The estate boasts extensive equestrian facilities, including a 6-stall barn with wash area, tack room, bathroom, 4 paddocks, pasture, and a 25,000 SqFt sport arena with all-weather footing.
Advanced Self-Sufficiency Systems: Equipped with a whole-home automatic commercial generator, solar panels with battery storage, and two wells with a 65k-gallon water storage system, ensuring sustainable and independent living.

Cons

High Operating & Maintenance Costs: The sheer size of the property (60 acres) and the extensive specialized amenities (vineyard, equestrian, pool, observatory) will incur significant ongoing maintenance, staffing, and operational expenses.
Niche Market Appeal: The highly specialized features, such as the vineyard, equestrian facilities, and astronomical observatory, cater to a very specific buyer demographic, potentially limiting the pool of interested buyers and extending market time.
Management Complexity: Owning and managing such a diverse and amenity-rich estate, particularly with a working vineyard and equestrian operations, requires considerable time, specialized expertise, or the expense of hiring dedicated management.

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