5010 Thurber Lane, Santa Cruz, California 95065, Santa Cruz, 95065 - 3 bed, 2 bath
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5010 Thurber Lane
Santa Cruz, California 95065
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,687Sq Ft
10,019Lot Size
Property Price
LIST PRICE$1,289,000
EST. MARKET VALUE
$1,340,269
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $1,289,000—positioned well below the $1,340,270 Fair Market Value by 3%. This valuation gap offers $51,270 in Instant Equity for the buyer. Featuring a new roof, updated kitchen, and spacious 10,019 sqft lot, the property maintains a Condition Rating of 3, ensuring a move-in ready experience. Its single-level layout and proximity to Highway 1 make it an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term stability.
Estimated Market Value
$1,340,269+$51,269 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Cruz.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5010 Thurber Lane Subject 3 bd · 2 ba · 1,687 sqft · $794 | $1,289,000* List Price | 3 | 2 | 1,687 | $794 | - |
A 5004 Thurber Lane Sold 3 bd · 2 ba · 1,654 sqft · $765 · 0.0 mi | $1,265,000 | 3 | 2 | 1,654 | $765 | 0.0 mi |
B 311 Chirco Avenue Sold 3 bd · 3 ba · 1,648 sqft · $788 · 0.1 mi | $1,299,000 | 3 | 3 | 1,648 | $788 | 0.1 mi |
C 637 Cabrillo Avenue Sold 4 bd · 3 ba · 2,269 sqft · $661 · 0.4 mi | $1,500,000 | 4 | 3 | 2,269 | $661 | 0.4 mi |
D 2430 Camden Court Sold 3 bd · 3 ba · 1,664 sqft · $718 · 0.8 mi | $1,195,000 | 3 | 3 | 1,664 | $718 | 0.8 mi |
E 121 Corinne Avenue Active Under Contract 3 bd · 2 ba · 1,482 sqft · $944 · 0.1 mi | $1,399,000 List Price | 3 | 2 | 1,482 | $944 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property is well-maintained and move-in ready with significant recent maintenance including a new roof and brand new carpeting. While the kitchen and bathrooms feature dated oak cabinetry and tile countertops (suggesting a renovation in the 15-20 year range), the home is functional, clean, and shows pride of ownership without immediate need for repairs.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1687.
- Turn-Key Updates
The property features significant recent improvements including a brand-new roof, updated kitchen with oak cabinetry, and refreshed bathrooms, offering immediate peace of mind and reducing initial maintenance costs for the buyer.
- Expansive Lot and Outdoor Space
Situated on a generous 10,019 sqft lot, the home provides a private and spacious backyard ideal for gardening, entertaining, and enjoying the Santa Cruz lifestyle, a rare find in this price point.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Originally built in 1966, the home may have aging underlying systems such as plumbing or electrical that could require future capital investment despite the recent cosmetic and roof updates.
- School District Ambiguity
The listing identifies the high school district as 'Other' and the MLS area as 'Not Defined,' which may create uncertainty for families specifically targeting established local school boundaries.
About 5010 Thurber Lane
Welcome HOME! This inviting single-level home offers 3 bedrooms, 2 bathrooms, and 1,687 sqft of living space on a generous 10,019 sqft lot in the desirable Santa Cruz Gardens neighborhood. Natural light fills the home, creating a bright and welcoming feel throughout. A new roof adds peace of mind for the next owner. The updated kitchen features oak cabinetry, hardwood flooring, a large peninsula, and a sunny dining area with built-in shelving. Brand new carpet in the living room and bedrooms adds a comfortable touch, while spacious bedroom closets provide plenty of storage. The primary bathroom has also been updated. Step outside to a private backyard with room to garden, dine outdoors, entertain, or simply enjoy the relaxed Santa Cruz lifestyle. Conveniently located near parks, shopping, restaurants, schools, medical facilities and with easy access to Highway 1, this home offers comfortable living in a convenient location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1966
- Lot Size
- 10,019 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,687 | 1,703.516 |
| Lot Size | 10,019 | 6,974.558 |
| Price | $1.29M | $1.64M |
| Price per sq ft | $764 | $944 |
| Built year | 1966 | 1972 |
| HOA | $0 | $984 |
| Days on market | 19 | 43 |
Pricing History
Listed for Sale
Oct 5, 2026
$1,289,000
Initial Listing