973 Forest Way, Brookdale, California 95007, Brookdale, 95007 - 2 bed, 2 bath
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Brookdale, California 95007
This Mid-Century Modern Mountain Retreat is a Strong Value Opportunity, listed at $895,000—positioned well below the $944,479 Fair Market Value by 5%. This valuation gap provides $49,479 in Instant Equity. Featuring a Condition Rating of 3, the property offers a rare 2.75% VA loan assumption, redwood forest views, and an outdoor kitchen on a 0.91-acre lot. With a new roof and turnkey upgrades, this home combines financial logic with a premium lifestyle. It is ideal for Owner-Occupants or lifestyle-driven buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 973 Forest Way Subject | $895,000* List Price | 2 | 2 | 1,701 | $555 | - |
A 895 Forest Way Sold | $695,000 | 3 | 2 | 1,054 | $659 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1948 mid-century cabin is in move-in ready, turnkey condition. It features significant recent upgrades including a new roof, new furnace, and a fully renovated bathroom with modern tile work and a marble-top vanity. The kitchen is well-maintained and updated with new stainless steel appliances and stone countertops, although the cabinetry and hexagonal tile flooring reflect an older but high-quality style. The overall property shows pride of ownership with extensive hardscaping and fire-hardening, fitting the criteria for a well-maintained home that does not require immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39465, living area = 1701.
The rare ability to assume a 2.75% VA loan with a significant balance provides a massive financial advantage, offering monthly payments far below current market interest rates.
The 0.91-acre lot is highly improved with an outdoor kitchen, hot tub, fire-hardened landscaping, and a large flat upper area that offers rare development potential for a mountain property.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1701, other record living area = 1461. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The VA loan assumption process is specialized and may limit the buyer pool to those with military eligibility or require a complex approval process to protect the seller's entitlement.
Being nestled in a dense redwood forest, the property likely requires ongoing mitigation for moisture, debris management, and strict adherence to fire-safety clearing.
Rare opportunity to assume a 2.75% VA loan with an approximate balance of $785,000 significantly below current market rates. Nestled in the redwoods of Brookdale, this mid-century modern 2BD/2BA cabin with a spacious loft features soaring windows, abundant natural light, and a seamless connection to nature. The updated kitchen includes all new appliances, complemented by a wood burning stove and new furnace for year-round comfort. Set on a private 0.91-acre lot, the property offers exceptional outdoor living with extensive fire-hardening, hardscaping, and curated landscaping. Enjoy an outdoor kitchen, hot tub, and multiple entertaining spaces. A large, flat upper area with fire road access provides potential for future development (buyer to verify). Additional highlights include: a new roof with a 10 year warranty, enclosed shed/workshop and additional garden shed, ample off-street parking, and basement storage. A turnkey mountain retreat combining modern upgrades, usable land, and a rare financing advantage just minutes from town and an easy commute to Santa Cruz or Silicon Valley.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,701 | 1,701 | 50% |
| Lot Size | 39,465 | 39,465 | 50% |
| Price | $895.0K | $805.0K | 67% |
| Price per sq ft | $526 | $526 | 50% |
| Built year | 1948 | 1933 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 101 | 33% |
Mar 28, 2026
$895,000
Initial Listing
Nov 16, 2021
$850,000
Public Record
Aug 13, 2021
$409,000
Public Record
Jun 29, 2018
$234,500
Public Record
Mar 30, 2011
$425,000
Public Record
Jun 2, 2006
$652,000
Public Record
Mar 26, 1999
$295,000
Public Record
Dec 2, 1994
$218,000
Public Record