851 Happy Valley Road, Santa Cruz, California 95065, Santa Cruz, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$1,699,000
851 Happy Valley Road, Santa Cruz, California 95065
0Bed
0Bath
2,112Sqft
164,178Lot
Year Built
1963
Close
-
List price
$1.7M
Original List price
$1.8M
Price/Sqft
-
HOA
-
Days on market
46 Days
Sold On
2022-10-24
MLS number
ML81906611
Home ConditionGood
Features
Good View: Park/Greenbelt, River, Valley, Trees/Woods
Deck
ViewPark/Greenbelt, River, Valley, Trees/Woods

About this home

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.

Price History

Date
Event
Price
08/07/25
Price Change
$1,699,000
09/08/22
Listing
$1,799,000
Condition Rating
Good

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.
Pros & Cons

Pros

Expansive & Versatile Acreage: Features 3.76 sunny, gently rolling acres with a year-round creek, offering significant usable land for various purposes and a tranquil setting.
Multi-Generational/Income Potential: 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.
Strategic Location & Connectivity: Situated in the highly-regarded Happy Valley school district, with reliable Comcast internet, and an excellent commute route to Silicon Valley.
Recent Cosmetic Upgrades: Both residences have received recent updates including new luxury vinyl plank flooring, new carpet, fresh paint, and some new light fixtures, enhancing their immediate appeal.
Scenic Natural Surroundings: Boasts a majestic setting with appealing views of park/greenbelt, river, valley, and trees/woods, complemented by a creek-view deck.

Cons

Age of Core Systems: 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.
Modest Unit Sizes for Triplex Classification: 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.
Extensive Property Maintenance: The large 3.76-acre lot, while a significant asset, will necessitate ongoing and potentially substantial landscaping and property maintenance efforts.

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