564 Lilac Avenue, Boulder Creek, California 95006, Boulder Creek, 95006 - bed, bath

564 Lilac Avenue, Boulder Creek, California 95006 home-pic-0
ACTIVE UNDER CONTRACT$950,000
564 Lilac Avenue, Boulder Creek, California 95006
0Bed
0Bath
1,511Sqft
14,810Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Dual Dwelling / Income Potential: The property features two distinct homes (a main house and a separate cottage with its own driveway and gated yard), offering exceptional flexibility for multi-generational living, rental income, or dedicated work/guest spaces.
Top Cons:
Historic Property Age: Built in 1919, the property's age may imply potential for deferred maintenance, older infrastructure, or higher insurance premiums, particularly in a wooded area.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

This property has been on the market for 87 days.
Built in 1919 (106 years old).
Condition: The property, built in 1919, is move-in ready and has undergone significant updates, including hardwood floors throughout and an updated kitchen with quartz countertops. While the description mentions 'stainless steel appliances,' the images show black and white appliances, which are functional but not high-end. The bathrooms are clean and functional but feature very specific, bold wallpaper choices that may not appeal to all buyers and could be considered cosmetically outdated. The second cottage is also functional and clean but basic. Overall, the property is well-maintained and livable without immediate major renovations, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years, rather than a full, high-end recent renovation.
Year Built
1919
Close
-
List price
$950K
Original List price
$999K
Price/Sqft
$629
HOA
-
Days on market
87 Days
Sold On
2022-09-23
MLS number
ML81898285
Home ConditionGood
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods

About this home

Welcome to 564 Lilac Avenue in Boulder Creek where you can get two houses for the price of one! Talk about doubling your pleasure and doubling your fun. The charming main house is complete with 2 bedrooms and 2 full bathrooms 929 sqft boasts open & airy spaces, an updated kitchen with quartz countertops & stainless steel appliances, hardwood floors, and a lovely dining room. The oversized windows and 9ft ceilings let in tons of natural light. You can enjoy dining or relaxing outside on the wrap around deck with magical redwood forest views. The second single-level cottage is well appointed 582 sqft 1 bed, 1 bathroom with additional bonus room, separate driveway & gated yard. Both homes are set upon a mostly flat & just under a half acre lot, that is ready for your green thumb & your imagination. The detached 1 car garage would make for a wonderful workshop or artist space. Easy commute location! Parcel #082-107-02 is included in the sale of this property (3,964 sqft).

Condition Rating
Good

The property, built in 1919, is move-in ready and has undergone significant updates, including hardwood floors throughout and an updated kitchen with quartz countertops. While the description mentions 'stainless steel appliances,' the images show black and white appliances, which are functional but not high-end. The bathrooms are clean and functional but feature very specific, bold wallpaper choices that may not appeal to all buyers and could be considered cosmetically outdated. The second cottage is also functional and clean but basic. Overall, the property is well-maintained and livable without immediate major renovations, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years, rather than a full, high-end recent renovation.
Pros & Cons

Pros

Dual Dwelling / Income Potential: The property features two distinct homes (a main house and a separate cottage with its own driveway and gated yard), offering exceptional flexibility for multi-generational living, rental income, or dedicated work/guest spaces.
Updated Main Residence: The primary home boasts an updated kitchen with quartz countertops and stainless steel appliances, hardwood floors, oversized windows, and 9ft ceilings, providing a modern and inviting living environment.
Expansive & Usable Lot with Views: Set on a nearly half-acre, mostly flat lot, the property offers ample outdoor space for gardening and recreation, complemented by serene redwood forest views from a wrap-around deck.
Versatile Outbuilding: A detached 1-car garage provides valuable additional space, ideal for a workshop, artist studio, or extra storage, enhancing the property's utility.
Commuter Accessibility: The listing highlights an 'easy commute location,' appealing to buyers who prioritize convenient access to nearby employment centers or amenities.

Cons

Historic Property Age: Built in 1919, the property's age may imply potential for deferred maintenance, older infrastructure, or higher insurance premiums, particularly in a wooded area.
Extended Market Time & Price Adjustment: With 87 days on market and a recent price reduction from $999,000 to $950,000, the property may have faced challenges in attracting buyers at its initial price point, suggesting market resistance or perceived value concerns.
Modest Individual Home Sizes: While offering two units, the individual square footages (929 sqft for the main house and 582 sqft for the cottage) are relatively compact, which might not suit buyers seeking larger primary living spaces in either dwelling.

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