5525 Scotts Valley Dr 10, Scotts Valley, California 95066, Scotts Valley, 95066 - 3 bed, 1 bath
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Scotts Valley, California 95066
This Modernized Turnkey Condominium is a Prime Investment Opportunity, listed at $899,000—positioned well below the $932,468 Fair Market Value by 3%. This valuation gap offers $33,468 in Instant Equity for a home in Mint Condition. Featuring solar panels, an EV charger, and radiant heated floors, the property pairs modern sustainability with high-end comfort. Located near Top-Rated Schools and a remodeled community pool, this residence offers a premium lifestyle sanctuary. It is a perfect match for growing families or Owner-Occupants.
Property is new construction or fully renovated.
While built in 1979, the property underwent extensive renovations within the last 5 years. Major systems including the gas heater, ductwork, solar panels, and EV charger were installed in 2020. The kitchen features high-end appliances from 2020-2023, and the primary bath includes modern radiant heated floors. The home is in mint, move-in condition with no immediate maintenance required.
The property features significant modern infrastructure improvements, including solar panels, an EV charger, a new gas heater, and a whole-house water purification system, ensuring lower utility costs and modern convenience.
The home boasts high-end finishes such as radiant heated bathroom floors and a modernized kitchen equipped with a Bosch dishwasher and a custom wine cabinet, offering a luxury feel that exceeds standard condo expectations.
Situated in a prime Scotts Valley location, the home provides access to highly-rated schools (ratings 7-8) within a 1.5-mile radius, making it a highly desirable location for families.
Despite having three bedrooms and over 1,500 square feet of living space, the property only features one bathroom, which may be a significant functional drawback for families or multi-resident households.
The monthly association fee of $700 is substantial, notably increasing the total monthly carrying cost and potentially impacting the overall affordability for prospective buyers.
This beautiful, well appointed home offers a comfortable layout with thoughtful upgrades throughout. The updated kitchen features refreshed cabinetry and countertops, a Samsung electric stove with airfry capability (2020), refrigerator (2020), and Bosch dishwasher (2026), along with a custom wine and drink cabinet added in 2023 that enhances everyday living and entertaining. Major system upgrades include Alterra solar panels and an EV charger installed in 2020, plus a new gas heater and ductwork completed in 2020. The former woodburning stove was replaced in 2023, adding to the homes modern efficiency and comfort. The primary bathroom features radiant heated floors, and the home is equipped with a wholehouse water purification system, along with a RO drinking water system at the kitchen sink. Additional highlights include a functional floor plan, comfortable living spaces, and practical upgrades that support modern lifestyles. Residents also enjoy access to a newly remodeled community pool, spa, and cabana, completed between 2021 and 2022, providing a resortstyle amenity close to home. With its combination of updates, energy efficiency, and community amenities, 5525 Scotts Valley Drive presents an excellent opportunity to enjoy convenient and comfortable living in Scotts Valley.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 60% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 1,530 | 1,234 | 60% |
| Lot Size | 1,612 | 1,437 | 80% |
| Price | $899.0K | $635.0K | 60% |
| Price per sq ft | $588 | $538 | 60% |
| Built year | 1979 | 1986 | 20% |
| HOA | $700.0 | $798 | 40% |
| Days on market | 7 | 245 | 20% |
Apr 15, 2026
$899,000
Initial Listing
Feb 18, 2020
$740,000
Public Record
Nov 21, 2012
$350,000
Public Record
Sep 1, 1995
$178,000
Public Record