Listing Agent: Jeffrey Sklar      Broker/Office: Beycome Brokerage Realty Inc.
185 Laurel Drive Boulder Creek CA 95006
$ 199,000
  1   |    1   |    600 Sq Feet

Listing ID

#ML82047707

Status

Active

Property Type

Single Family Residence

County

Santa Cruz

Year Built

1970

Days on website

7

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
Financial Information
List Price:  $ 199000
Property Features
High School District:  Other
Parking Features:  Other
Roof:  Other
Utilities:  Other
Water Source:  Public
High School District:  Other
MLS Area Major:  699 - Not Defined
City:  Boulder Creek
Listed By:   Jeffrey Sklar   Beycome Brokerage Realty Inc. 
NV Lic#