
Santa Cruz, California 95065
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $1,399,000—positioned well below the $1,498,228 Fair Market Value by 6%. This valuation gap offers $99,228 in Instant Equity. Featuring a 4-bedroom layout, high open beam vaulted ceilings, and a large 9,583 sq. ft. lot, the home maintains a Condition Rating of 4. While the kitchen and baths offer modernization potential, the Soquel Union Elementary School District location and community pool access ensure long-term appeal for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 637 Cabrillo Avenue Subject | $1,399,000* List Price | 4 | 3 | 2,269 | $660 | - |
A 311 Chirco Avenue Sold | $1,299,000 | 3 | 3 | 1,648 | $788 | 0.4 mi |
B 5004 Thurber Lane Sold | $1,265,000 | 3 | 2 | 1,654 | $765 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1969, the home shows some recent cosmetic improvements including new laminate flooring and fresh interior paint. However, the kitchen is significantly dated with older oak cabinetry and tile countertops, and the overall infrastructure appears to be over 30 years old without a full-scale renovation. While functional and move-in ready, it requires modernization of the kitchen and likely the bathrooms to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 2269.
The home features impressive high open beam vaulted ceilings and multiple versatile living areas, including a spacious recreation room with a wet bar, providing a unique and airy feel.
Situated on a generous 9,583 sq. ft. lot, the property offers a large backyard and a deck, providing significant space for outdoor entertaining and gardening in a desirable Santa Cruz neighborhood.
Built in 1969, the home likely requires modern cosmetic updates and potential system upgrades to align with current market standards for luxury residential properties.
The property lacks a central air conditioning system, relying on ceiling fans for ventilation, which may be a drawback for buyers during increasingly warm summer months.
Located in the sought after Santa Cruz Gardens neighborhood, this 2,269 sq. ft. home features four bedrooms and two full bathrooms, and a large spacious back yard. The kitchen accesses the deck and has lovely view of the large back yard. The house includes a formal dining room and a separate family room with a wood-burning fireplace, creating inviting spaces for gatherings. The living room is enhanced by high open beam vaulted ceilings. The play or rec room is spacious and has a wet bar and a fireplace. It also has access to the back yard. Central forced air gas heating and a ceiling fan provide comfort throughout. Laundry facilities are conveniently located in the two-car garage. The property sits on a 9,583 sq. ft. lot within the Soquel Union Elementary School District. Residents have access to a community pool. Check the virtual tour for layout and size.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,269 | 1,641 |
| Lot Size | 9,583 | 6,229 |
| Price | $1.40M | $1.57M |
| Price per sq ft | $617 | $939 |
| Built year | 1969 | 1978 |
| HOA | $0 | $288 |
| Days on market | 13 | 37 |
Jul 10, 2026
$1,399,000
Initial Listing