
Santa Cruz, California 95065
Analysis of 851 Happy Valley Road, Santa Cruz, California 95065 is currently available with a list price of $1,699,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Cruz Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property, built in 1963, has undergone significant recent cosmetic updates, including 'brand new luxury vinyl plank flooring (LVT), hardwood floors, some new light fixtures & fresh paint inside and out' in the main home, and 'brand new LVT flooring, new carpet' in the cottage. These updates make the property move-in ready and well-maintained. However, the kitchen features dated yellow tiled countertops and an older white refrigerator, and the bathroom shower tile is also dated, preventing an 'Excellent' score. While these areas are functional, they would likely require aesthetic updates for a modern buyer. Overall, the recent renovations to flooring and paint, combined with the functional state of the kitchen and bathrooms, align with the 'Good' criteria of being move-in ready with some updated components, but not a full recent renovation.
Features 3.76 sunny, gently rolling acres with a year-round creek, offering significant usable land for various purposes and a tranquil setting.
Includes a main home and a separate, charming cottage, ideal for multi-generational living, guest quarters, or potential rental income, with good separation of space.
Situated in the highly-regarded Happy Valley school district, with reliable Comcast internet, and an excellent commute route to Silicon Valley.
Built in 1963, the property's underlying infrastructure (e.g., plumbing, electrical, heating) may be original or require substantial upgrades beyond the recent cosmetic renovations.
While listed as a 'Triplex' with 2112 sqft, the description details only two units (main house and cottage), suggesting individual unit sizes might be modest, which could limit appeal for buyers seeking larger living spaces per unit or raise questions about the third unit.
The large 3.76-acre lot, while a significant asset, will necessitate ongoing and potentially substantial landscaping and property maintenance efforts.
Paradise is found on 3.76 sunny, pristine and gently rolling acres in Santa Cruz! Ideally located in Happy Valley top-rated school district, this property benefits by internet via Comcast Cable and is a great commute location to Silicon Valley! A year-round creek runs through this tranquil setting which is a prime family compound opportunity with great separation of space between units and lots of usable land. The main home has 4 bedrooms (1 of 2 primary suites can be used as a family room), 3 bathrooms and features brand new luxury vinyl plank flooring (LVT), hardwood floors, some new light fixtures & fresh paint inside and out. The cottage oozes with character and features 2 bedrooms, 1 bathroom, brand new LVT flooring, new carpet, a spacious creek-view deck & fenced yard. The setting is truly majestic & the neighbors are wonderful! Come see this rare offering before it's gone.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,112 | 2,856 | 50% |
| Lot Size | 164,178 | 90,409 | 50% |
| Price | $1.70M | $1.76M | 50% |
| Price per sq ft | $804 | $656 | 50% |
| Built year | 1963 | 1970 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 1322 | 787 | 0% |
Aug 7, 2025
$1,699,000
Initial Listing
Sep 8, 2022
$1,799,000
Initial Listing