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Under contract
  • $1,699,000

    851 Happy Valley Rd, Santa Cruz, CA 95065

    --beds
    0baths
    2,112sqft
    : 
    Triplex
    Built in 1963
    -- sqft lot
    $1,413,400 Zestimate®
    $804/sqft
    $-- HOA

    What's special

    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.
    1233 days
    |
    16
    |
    0
    |

    Zillow last checked: 9 hours ago

    Listing updated: January 14, 2026 at 10:18am

    Listed by:

    Melody Russell,

    eXp Realty of California Inc,

    KaelinRealEstateTeam,

    eXp Realty of California Inc

    Source: eXp Realty,MLS#: ML81906611

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Rooms
    • Room types: Laundry
    Heating
    • Forced Air, Fireplaces, Propane, Wood Stove, Wall Furnace
    Appliances
    • Included: Dishwasher, Electric Oven, Refrigerator, Vented Exhaust Fan
    Features
    • Attic
    • Flooring: Carpet, Tile
    Interior area
    • Total structure area: 2,112
    • Total interior livable area: 2,112 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Carport, Uncovered
    • Carport spaces: 3
    Features
    • Has view: Yes
    • View description: Park Greenbelt, River, Valley, Trees Woods
    • Has water view: Yes
    • Water view: River
    Lot
    • Size: 3.77 Acres
    Details
    • Parcel number: 10107116
    • Zoning: A
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Cottage, Traditional
    • Property subtype: Triplex
    Materials
    • Foundation: Pillar/Post/Pier
    • Roof: Composition
    Condition
    • Year built: 1963

    Utilities & green energy

    • Water: Well

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Santa Cruz

    Financial & listing details

    • Price per square foot: $804/sqft
    • Tax assessed value: $1,719,873
    • Annual tax amount: $19,980
    • Date on market: 9/8/2022
    • Listing agreement: Exclusive Right To Sell
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    Estimated market value

    $1,413,400

    $1.14M - $1.72M

    $4,601/mo

    Price history

    Price history
    DateEventPrice
    11/15/2023Sold$862,500-46.6%$408/sqft
    Source: Public Record Report a problem
    12/14/2022Sold$1,615,000-4.9%$765/sqft
    Source: Public Record Report a problem
    9/25/2022Contingent$1,699,000$804/sqft
    Source: MLSListings Inc #ML81906056 Report a problem
    9/16/2022Price change$1,699,000-5.6%$804/sqft
    Source: MLSListings Inc #ML81906611 Report a problem
    9/2/2022Listed for sale$1,799,000$852/sqft
    Source: MLSListings Inc #ML81906056 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$19,221 +7.3%$1,719,873 +4.4%
    2024$17,921 -0.3%$1,647,300 +2%
    2023$17,969 +317.3%$1,615,000 +425.2%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $10,571/mo
    Principal & interest
    $8419
    Property taxes
    $1557
    Home insurance
    $595

      Climate risks

      Neighborhood: 95065

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • High: Harbor

      Source: eXp Realty. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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