776 Skyline Drive, Felton, California 95018, Felton, 95018 - 2 bed, 2 bath
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Felton, California 95018
This property presents a High-Potential Investment Opportunity with a List Price of $749,900—positioned well below the $718,333 Fair Market Value by -4%. While the home carries a Fair Condition Rating requiring interior modernization, the expansive 0.65-acre lot and ADU potential provide significant avenues for forced appreciation. Featuring a newer roof and deck, this asset offers a solid infrastructure foundation for value-add projects. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to build sweat equity in a desirable Felton location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 776 Skyline Drive Subject | $749,900* List Price | 2 | 2 | 1,358 | $529 | - |
A 1350 Lost Acre Drive Active | $679,000 List Price | 3 | 1 | 1,657 | $410 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1957 with a 1970s addition, the home's interior is severely dated and exceeds the 30-50 year renovation threshold for a higher rating. The kitchen features original or 1970s-era cabinetry and appliances, and the living areas contain aged shag carpeting and wood paneling. While the roof and deck are described as newer, the listing explicitly identifies the property as a 'canvas' for 'sweat equity,' indicating a need for a full interior rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28488, living area = 1358.
The generous 0.65-acre gently sloping parcel offers ample space for gardens, RV/boat parking, and the significant potential for an Accessory Dwelling Unit (ADU).
Tucked away on a quiet private lane, the property is ideally situated near Henry Cowell State Park, the local Farmers Market, and downtown Felton amenities.
Marketed as a 'sweat equity' opportunity, the property likely requires substantial interior updates and modernization to realize its full market value.
With only two bedrooms, the current configuration may limit appeal for larger families or buyers seeking multiple dedicated home office spaces.
Mid-century charm meets opportunity. 50's rancher w/70's permitted addition - a perfect canvas for creating your dream space. The home features a spacious living room, informal DR, generously sized bedrooms, multiple closets & abundant storage. Other features: indoor laundry, attached 515 sq. ft double garage w/workshop area, a newer roof, newer deck and natural gas. Set on a gently sloping 0.65+-acre parcel, the property offers ample room for patios, gardens, and boat or RV parking. Possible ADU? Tucked away on a quiet private lane in a desirable Felton neighborhood, just minutes from town, the local Farmers Market, and Henry Cowell State Park. This is what you've been waiting for--an opportunity to use your imagination and skills and reap the rewards of building sweat equity. Open Sat & Sun 1-4
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,358 | 1,837 |
| Lot Size | 28,488 | 24,698.5 |
| Price | $749.9K | $1.05M |
| Price per sq ft | $552 | $565 |
| Built year | 1957 | 1957 |
| HOA | $0 | $2.7K |
| Days on market | 10 | 53 |
Jul 13, 2026
$749,900
Initial Listing