631 Park Way, Santa Cruz, California 95065, Santa Cruz, 95065 - 3 bed, 3 bath
ACTIVE$1,595,000
631 Park Way, Santa Cruz, California 95065
3Beds
3Baths
2,157Sqft
6,926Lot
Price Vs. Estimate
The estimated value ($1,437,605.715) is $157,394.285 (9%) lower than the list price ($1,595,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: Situated in the highly desirable Prospect Heights area of Santa Cruz, emphasized by 'Location! Location! Location!', offering strong intrinsic value.
Top Cons:
Age-Related Updates: Built in 1961, the property may require significant updates to systems (e.g., plumbing, electrical, HVAC) or other areas not explicitly mentioned as renovated, beyond the kitchen.
Compared to the nearby listings
Price:$1.59M vs avg $1.34M (+$257,500)72%
Size:2,157 sqft vs avg 1,980.5 sqft61%
Price/sqft:$739 vs avg $75044%
More Insights
Built in 1961 (64 years old).
Condition: Built in 1961, this 'retro chic' home has undergone significant updates, making it move-in ready. The bathrooms are a highlight, appearing extensively and recently renovated with modern tiling, vanities, and fixtures. The kitchen features newer stainless steel appliances, though the cabinetry maintains a well-preserved mid-century modern style rather than a full contemporary overhaul. Hardwood flooring in the main living areas is in good condition, and the overall property shows minimal wear and tear, indicating good maintenance and functional systems, aligning with the 'Good' condition criteria.
Year Built
1961
Close
-
List price
$1.59M
Original List price
$1.75M
Price/Sqft
$739
HOA
-
Days on market
-
Sold On
-
MLS number
ML82015360
Home ConditionGood
Features
Patio
View-
About this home
Great New Pricing on this Retro chic home in desirable Prospect Heights! Enter through the front courtyard area into a truly delightful experience. Living room with vaulted ceiling, hardwood flooring, fireplace, unique, open loft area above and a formal dining area. Entertainer's kitchen with island and informal dining area. Three bedrooms, three full baths plus a large family room area with unlimited possibilities with a separate entrance which could be used as a fourth bedroom, game room, in law quarters, teenage hangout, etc. All single level with the exception of the loft area and third bedroom which are situated upstairs. Mature landscaping and private back courtyard area. Detached two-car garage. Separate laundry room and storage shed. Location! Location! Location!
Condition Rating
Good
Built in 1961, this 'retro chic' home has undergone significant updates, making it move-in ready. The bathrooms are a highlight, appearing extensively and recently renovated with modern tiling, vanities, and fixtures. The kitchen features newer stainless steel appliances, though the cabinetry maintains a well-preserved mid-century modern style rather than a full contemporary overhaul. Hardwood flooring in the main living areas is in good condition, and the overall property shows minimal wear and tear, indicating good maintenance and functional systems, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Prime Location: Situated in the highly desirable Prospect Heights area of Santa Cruz, emphasized by 'Location! Location! Location!', offering strong intrinsic value.
Flexible Living Spaces: Features a large family room with a separate entrance, providing versatile options for a fourth bedroom, in-law quarters, game room, or teenage hangout.
Architectural Character: Boasts a 'Retro chic' design with a vaulted ceiling, hardwood flooring, fireplace, and a unique open loft area, adding distinct charm and appeal.
Entertainer's Kitchen: Equipped with an entertainer's kitchen featuring an island and an informal dining area, ideal for hosting and daily family life.
Outdoor & Practical Amenities: Includes mature landscaping, a private front courtyard, a private back courtyard, a detached two-car garage, a separate laundry room, and a storage shed, enhancing lifestyle and utility.
Cons
Age-Related Updates: Built in 1961, the property may require significant updates to systems (e.g., plumbing, electrical, HVAC) or other areas not explicitly mentioned as renovated, beyond the kitchen.
Partial Multi-Level Layout: While largely single-level, the loft area and third bedroom are situated upstairs, which may not appeal to buyers specifically seeking a true single-story home or those with mobility concerns.
Potential Overpricing: The current listing price is approximately 6% higher than the property's estimated value, which could impact market competitiveness and buyer perception of fair value.