851 Happy Valley Road Santa Cruz, CA ^$ 1,699,000

851 Happy Valley Road

^$ 1,699,000

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851 Happy Valley Road

Santa Cruz, CA, 95065

^$ 1,699,000

Studio Baths0.0 Sq 2,112

Monthly Estimate*

^$ 10,600

Listed by eXp Realty of California Inc

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Studio

Multi-Family Home for sale in Santa Cruz, CA

for $1,699,000. This 2,112 square foot home was built in 1963 on a lot size of 3.769.

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.

Multi-Family Contingent

Price

^$ 1,699,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 19,980

Style

Lot Size

3.769

Year Built

1963

Town/City

Santa Cruz

County/Region

Santa Cruz

MLS | Web ID

ML81906611

Days on Market

1,188

Features

General

Living Area 2112

Heating Forced Air Fireplace(s) Propane Wood Stove Wall Furnace

Possession Close Of Escrow

Roof Composition

Appliances Dishwasher Electric Oven Refrigerator Vented Exhaust Fan

Zoning A

Garage Spaces 0

Architectural Style Cottage Traditional

Year Built 1963

View Park/Greenbelt River Valley Trees/Woods

Property Subtype Triplex

Accessibility None

County Santa Cruz

Insurance Expense 2449

Property Type Residential Income

HOA 0

MaintenanceExpense 10000

Garage Y/N 0

Special Listing Conditions Standard

Status Active Under Contract

Directions From Santa Cruz: Branciforte Drive to Happy Valley Rd. From Scotts Valley: Granite Creek Rd to Branciforte Drive to Happy Valley Rd. Cross Street: Branciforte Drive

High School Harbor

City Santa Cruz

High School District Other

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 164178

Carport Spaces 3

Carport Y/N 1

Elementary School Other

Tax Annual Amount 19980

Trash Expense 2000

Standard Status Active Under Contract

Year Built Source Other

Property Sub Type Additional Triplex

Cap Rate 3.98

Interior

Interior Amenities Attic

Flooring Carpet Tile

Total Stories 2

Heating Y/N 1

Total Baths 0

Exterior

Parking Features Carport Uncovered

Water Source Well

Total Parking 10

Lot Size Area 164178

Foundation Details Pillar/Post/Pier

Number of Buildings 3

Building Area Total 2112

Lot Size Acres 3.769

Lot Size Source Other

* Excluded Features

List By

Exp Realty Of California Inc

Broker

melody@melodyrussell.com

Affordability Calculator

$12,265

Per Month

Monthly Principal & Interest: $10,600
Monthly Property Taxes: $1,665
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Santa Cruz, CA

Average List Price ^$2,570,857

Percent of Sale Price 51%

About Santa Cruz, CA

63,054 Population

16% Since 2002

^$67,765 Median Income

32.22 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

0 Elementary School

0 Middle School

Harbor High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,699,000		Listed Price

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851 Happy Valley Road, Santa Cruz, CA, 95065 is a Multi-Family Home for sale at $1,699,000 with 2,112 sqft and a lot size of 3.769. 851 Happy Valley Road is a studio with 0.0 baths and was built in 1963. The property's zip code is 95065 which is in Santa Cruz, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/9/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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851 Happy Valley Road

Multi-Family Home for sale in Santa Cruz, CA

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