12550 Highway 9, Boulder Creek, California 95006, Boulder Creek, - bed, bath
ACTIVE UNDER CONTRACT$799,000
12550 Highway 9, Boulder Creek, California 95006
2Beds
1Bath
2,436Sqft
10,977Lot
Year Built
1931
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
-
HOA
-
Days on market
69 Days
Sold On
2022-11-14
MLS number
ML81906333
Home ConditionPoor
Features
Good View:
Deck
View-
About this home
An opportunity for homebuyers and investors alike, this property is located in downtown Boulder Creek with a commercial front and residential back, this is the chance of a lifetime in the beautiful redwoods. Grand windows in the front of the building create a welcoming atmosphere for visitors, and the vast space with natural light streaming in from skylights is an open, clean slate for many different types of businesses.
Price History
Date
Event
Price
09/06/22
Listing
$799,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (31 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 44% |
| Baths | 1 | 2 | 22% |
| Square foot | 2,436 | 1,605 | 91% |
| Lot Size | 10,977 | 15,921 | 28% |
| Price | $799K | $713K | 59% |
| Price per square foot | $328 | $523.5 | 16% |
| Built year | 1931 | 9805981 | 13% |
| HOA | |||
| Days on market | 1156 | 168 | 97% |
Condition Rating
Poor
Built in 1931, this property's residential section, including the kitchen and bathroom, is severely outdated with old fixtures, appliances, and finishes, requiring substantial rehabilitation. While the commercial front has a fresh coat of paint and new carpet, it's a superficial update that doesn't offset the significant renovations needed for the living spaces to meet modern standards.
Pros & Cons
Pros
Mixed-Use Potential: The property's unique configuration with a commercial front and residential back offers exceptional versatility for both owner-occupancy (live-work) and investment purposes.
Prime Downtown Location: Situated in downtown Boulder Creek, the property benefits from high visibility for commercial operations and convenient access to local amenities for residents.
Abundant Natural Light: Grand windows and skylights flood the interior with natural light, creating a welcoming and appealing atmosphere for both business and living spaces.
Versatile Commercial Space: The commercial area is described as a 'vast space' and 'open, clean slate,' providing significant flexibility for various business types and customization.
Scenic Natural Setting: Located in the 'beautiful redwoods,' the property offers a desirable natural environment, enhancing its aesthetic appeal and quality of life.
Cons
Historic Property Age: Built in 1931, the property is very old, suggesting potential for outdated systems (plumbing, electrical, HVAC) and the need for significant capital expenditures for renovations or deferred maintenance.
Limited Residential Amenities: With only 2 bedrooms and 1 bathroom for 2436 sqft, the residential portion may be functionally limited for modern living standards or larger households, potentially requiring costly reconfigurations.
Extended Days on Market: The property was on the market for 69 days before going 'Active Under Contract,' which could indicate initial pricing challenges, market resistance, or potential issues uncovered during due diligence.