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Listed by Jeffrey Sklar • Beycome Brokerage Realty Inc.
$199,000
Est. payment /mo
1 Bed
1 Bath
600 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 600 sqft
Price per Sqft $331
MLS Listing ID ML82047707
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1970
Lot Size 600 Sqft
Property Sub-Type Detached
Source Datashare MLSListings
Property Description
Rare Santa Cruz Mountains opportunity in the heart of Boulder Creek. Charming 1BD/1BA cottage on Laurel Drive - priced to move and sold free and clear. Property is sold as-is and carries an existing red tag (procedural zoning classification stemming from a 1992 landslide event; retaining walls have since been constructed and the home itself sustained no structural damage). The upside is real: clear the red tag and this property enters a market where comparable homes trade at $350K-$400K+. Hold as a rental and collect from a deep pool of Silicon Valley remote workers and tech commuters who want mountain living - comparable 1/1 rentals in the area are actively leasing at $2,500-$2,600/month. Conveniently located near major commuter routes to San Jose and the greater Bay Area. Big Basin Redwoods State Park at your doorstep. Strong rental demand throughout the Santa Cruz Mountains corridor. This is the deal a savvy buyer finds once.
Location
State CA
County Santa Cruz
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Laundry Other
Exterior
Private Pool false
Building
Foundation Other
Water Public, Other
Schools
School District San Lorenzo Valley Unified, San Lorenzo Valley Unified
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