
Soquel, California 95073
This property presents a Strong Value Opportunity with a List Price of $1,249,000—positioned well below the $1,320,741 Fair Market Value by 5%. This valuation gap offers $71,741 in Instant Equity. Featuring a 4-bedroom, 3-bath layout with a Fair Condition Rating, the home serves as a blank canvas for modernization. The expansive 3.1-acre lot includes ADU Development Potential and scenic Mountain and Valley Views. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Property is moderate renovation needed.
Built in 1974 with a renovation likely dating back 15-20 years. The kitchen features dated cabinetry and finishes, and the exterior wood decking shows significant weathering. While functional and move-in ready, the listing's description as a 'blank canvas' and 'not perfect' aligns with the need for cosmetic and system updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 135036, living area = 2432.
The expansive 3.1-acre lot includes a dedicated site for a potential ADU with excellent views, offering significant opportunity for value-add or multi-generational living.
The property offers a rare balance of privacy and mountain views while remaining just minutes from local beaches, top-rated schools, and major commute routes.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =135036, other record lot size in square feet = 138869.
Characterized as a 'blank canvas' that is 'not perfect,' the property will likely require immediate capital improvement and modernization to reach its full potential.
While the total acreage is vast, only about a half-acre is level and usable around the main house, which may limit immediate outdoor utility for some buyers.
Where else can you find a home of this size, location and quality at this price?? Usable land around the house is approximately 1/2 acre. The remaining land has a potential ADU building site with a great view. The weather, views, privacy, great neighbors, great commute location, good schools and just a few minutes to the beach make this a winner. Home is not perfect, a beautiful blank canvas for the lucky buyer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.9 |
| Square foot | 2,432 | 2,076.5 |
| Lot Size | 135,036 | 20,554.014 |
| Price | $1.25M | $1.43M |
| Price per sq ft | $514 | $768 |
| Built year | 1974 | 1981 |
| HOA | $200.0 | $108 |
| Days on market | 8 | 54 |
Oct 16, 2026
$1,249,000
Initial Listing
Jul 16, 2002
$595,000
Public Record