505 Thin Edge Road, Santa Cruz, California 95065, Santa Cruz, 95065 - 3 bed, 3 bath
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Santa Cruz, California 95065
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,379,000—positioned above the $1,171,764 Fair Market Value. While the property currently reflects a premium, its 2.8-acre lot and location in the Happy Valley Elementary School District provide significant long-term stability. Featuring a Condition Rating of 4, the home offers a canvas for modern updates to increase value. With wraparound decks and creek access, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, nature-focused lifestyle near Silicon Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 Thin Edge Road Subject | $1,379,000* List Price | 3 | 3 | 2,285 | $513 | - |
A 450 Vine Hill Road Active | $1,650,000 List Price | 5 | 3 | 2,342 | $705 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property is well-maintained but dated. The kitchen features older oak cabinetry and white appliances likely exceeding 20 years in age. While the home is move-in ready, the visible baseboard heating and older interior finishes suggest the property is due for minor repairs and modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 125583, living area = 2285.
Situated in the highly coveted Happy Valley School District and just 1.2 miles from Hwy 17, this property offers a rare balance of rural privacy with an easy Silicon Valley commute.
The 2.8-acre lot features a magical setting with year-round Branciforte Creek access, providing a serene retreat and ample space for outdoor exploration and privacy.
Built in 1977, the home may require cosmetic updates or modern system upgrades to align with contemporary luxury standards.
The large, wooded lot and proximity to a creek necessitate ongoing vegetation management and potential considerations for specialized insurance common in Santa Cruz mountain environments.
Nicely tucked back on approximately 2.8 peaceful acres in the highly coveted Happy Valley Elementary School District, this inviting single-level offers the perfect blend of privacy, convenience, and space to breathe, unwind and reconnect. Imagine a magical setting that inspires exploration and childhood adventures, where kids play in a forte, shoot hoops, explore nature and wander down to year-round Branciforte Creek at the base of the property. Adults will appreciate being just 1.2 miles from Hwy 17 for an easy Silicon Valley commute, and only 5 minutes from Scotts Valley shops. Designed for relaxed everyday living and effortless entertaining, the home features a living room and adjoining family room, formal and informal dining, a wood-burning fireplace, and hardwood floors for easy clean-up. Wraparound decks, patios and an impressive outdoor fireplace invite you outside to gather with family and friends for unforgettable evenings under the stars. A spacious 2+ car garage and ample parking provide all the room you need for guests, oversized vehicles, and recreational toys. More than just a home, this is where the pace slows down, memories are made, and the comforts of everyday living blend beautifully with nature. Come experience the magic of this unique setting for yourself
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,285 | 1,641 |
| Lot Size | 125,583 | 6,229 |
| Price | $1.38M | $1.57M |
| Price per sq ft | $604 | $939 |
| Built year | 1977 | 1978 |
| HOA | $0 | $288 |
| Days on market | 14 | 37 |
Jul 9, 2026
$1,379,000
Initial Listing
Jan 22, 1999
$470,000
Public Record