4841 Rivervale Drive, Soquel, California 95073, Soquel, 95073 - 1 bed, 1 bath
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Soquel, California 95073
This Soquel Value-Add Cottage represents a Strong Value Opportunity, with a List Price of $800,000—positioned well below the $874,245 Fair Market Value by 8%. This valuation gap provides $74,245 in Instant Equity for buyers. While maintaining a 4 Condition Rating, the property features a massive 10,280 sqft flat lot and a private patio, offering significant expansion potential. Located in the coveted Mountain Elementary School District, it balances long-term appreciation with immediate utility. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Property is moderate renovation needed.
This 1948 cottage has been well-maintained with some cosmetic updates, such as newer laminate flooring and fresh interior paint. However, the kitchen is significantly outdated with vintage cabinetry and older electric appliances, and the overall style and systems reflect the property's age, requiring modernization to meet current market expectations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10280, living area = 787.
Situated in the idyllic Rivervale Drive neighborhood, the property offers easy access to Soquel Village and an excellent commute route to Silicon Valley, making it ideal for professionals.
The generous 10,280 sqft lot features a flat, sunny, and fully fenced backyard, providing significant potential for gardening, outdoor entertaining, or future property expansion.
With only one bedroom and 787 square feet of living area, the current footprint is quite restrictive and may not meet the needs of most modern buyers or growing families.
Built in 1948 and maintained in a 'cottage' style, the home likely requires significant capital investment for modern updates, energy efficiency improvements, and cosmetic renovations.
Say hello to grandma's cottage, located in the idyllic Rivervale Drive neighborhood of Soquel! Just a few minutes drive from all the delights of Soquel Village, and an amazing commute location to Silicon Valley, this is a location par excellence! This home has been in the family since 1962 and has been lovingly maintained over many decades - and you'll want to hold onto it just as long! It's a single level home with a very spacious bedroom, and a fully fenced, flat, sunny and open back yard. And speaking of location, the home is located in the Mountain Elementary School District, coveted by many families with school-age children. This is a rare and unique opportunity, one that you will love to call home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 7% |
| Baths | 1.0 | 2.0 | 7% |
| Square foot | 787 | 1,806 | 7% |
| Lot Size | 10,280 | 12,262 | 50% |
| Price | $800.0K | $1.38M | 7% |
| Price per sq ft | $1.0K | $841 | 71% |
| Built year | 1948 | 1963 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 150 | 7% |
Mar 18, 2026
$800,000
Initial Listing