296 Grace Way, Scotts Valley, California 95066, Scotts Valley, - bed, bath
ACTIVE$859,000
296 Grace Way, Scotts Valley, California 95066
3Beds
3Baths
1,419Sqft
1,133Lot
Year Built
1990
Close
-
List price
$859K
Original List price
$869K
Price/Sqft
-
HOA
$300
Days on market
-
Sold On
-
MLS number
ML82020484
Home ConditionFair
Features
Deck
Patio
View-
About this home
Welcome to Grace Way a peaceful community of just 8 townhomes in the heart of Scotts Valley. This 3-bedroom, 2.5-bath home offers comfort, privacy, and charm. Mature trees provide natural shade and a sense of serenity. Located within the highly desirable Scotts Valley school district, this tight-knit community is just minutes from world-class mountain bike/hiking trails, 10 minutes to the beach, and 15 minutes to Los Gatos offering the ideal balance of access and affordability.
Price History
Date
Event
Price
10/29/25
Price Change
$859,000-1.1%
09/24/25
Listing
$868,900
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (8 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 3 | 3 | 50% |
| Square foot | 1,419 | 1,547 | 33% |
| Lot Size | 1,133 | 1,350 | 22% |
| Price | $859K | $875K | 33% |
| Price per square foot | $605 | $580 | 67% |
| Built year | 1990 | 1987 | 67% |
| HOA | $300 | $585 | 11% |
| Days on market | 42 | 156 | 11% |
Condition Rating
Fair
The property was built in 1990, making it 34 years old. While it presents as move-in ready with recent cosmetic updates such as fresh paint, modern light fixtures (ceiling fans, dining pendant), newer stainless steel kitchen appliances, and updated flooring in some areas, the kitchen's tiled countertops are a significant outdated feature. This indicates that a full kitchen renovation has not occurred recently. The overall condition suggests regular maintenance, but the dated kitchen elements prevent it from achieving a 'Good' score, as it requires minor updates to meet current aesthetic standards, particularly in the kitchen. Without images of the bathrooms, a full assessment of those areas is not possible, but the kitchen alone is a strong indicator.
Pros & Cons
Pros
Exceptional Location & Access: The property boasts an excellent location, minutes from world-class mountain bike/hiking trails, 10 minutes to the beach, and 15 minutes to Los Gatos, offering superb recreational and commuter access.
Highly-Rated School District: Located within the highly desirable Scotts Valley school district, making it a significant draw for families.
Peaceful, Intimate Community: Part of a small, peaceful community of just 8 townhomes, providing a sense of privacy and serenity enhanced by mature trees.
Comfortable & Charming Living: The home offers comfort, privacy, and charm, creating an inviting and pleasant living environment.
Relative Affordability & Value: Described as offering an 'ideal balance of access and affordability' in a sought-after area, further supported by a recent price reduction.
Cons
Townhouse Constraints & HOA Fees: As a townhouse, it entails shared walls and a monthly association fee of $300, which may not appeal to all buyers seeking detached homes or lower recurring costs.
Compact Living & Lot Size: The 1419 sqft living space and small 1133 sqft lot size offer limited interior and private exterior space, potentially restrictive for some buyers.
Property Age & Potential Updates: Built in 1990, the property is over three decades old, suggesting potential for necessary updates to systems or aesthetics to meet modern buyer expectations.