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105 William Way
Felton, CA

105 William Way

$1,190,000
3 bd • 3 ba • 2,501 sf

This analysis was generated by artificial intelligence on 1/15/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$1,190,000

Price/Sq.Ft

$476

Year Built

1953

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

This Felton mountain home offers a serene, nature-filled setting with proximity to Scotts Valley, Santa Cruz, and local beaches. The spacious 2,501 sq ft interior features vaulted ceilings, skylights, and a flexible layout suitable for families or remote work. Outdoor amenities include a trampoline, sport court, and treehouse, perfect for entertaining under the redwoods. The property boasts ample storage, a two-car garage, and additional parking, enhancing convenience.

The Bad

The home is in a flood zone, albeit one with minimal hazard, which might necessitate additional insurance. While the house's location offers tranquility, it may also involve longer commutes due to winding mountain roads and occasional closures caused by weather conditions. Utility disruptions during storms are a potential inconvenience.

The Ugly

Potential buyers should be aware of the risk of wildfires in the Santa Cruz Mountains, which could impact safety and insurance costs. Additionally, the cost of living and property maintenance in this area can be high due to specialized contractor needs and transportation costs.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is ideal for families or individuals who appreciate nature, value privacy, and enjoy outdoor activities. It's also suitable for remote workers needing a peaceful, spacious environment with a flexible home layout. Those who prioritize proximity to both nature and urban amenities will find this location appealing.

Not For

This property may not be suitable for those who require quick access to urban centers for work or amenities, or who prefer a low-maintenance lifestyle without the potential challenges of rural living. Buyers seeking a flood-free zone should consider other options.
Demographics
Area Median Income

$106,597

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Risk Assessment

Risk Analysis

The home is in a minimal flood hazard area, so flood insurance is advisable. Wildfire risk is notable in this region, impacting safety and insurance costs. Consider the potential for power and internet disruptions during storms. The area’s infrastructure may be strained by new developments, and the proximity to redwood forests can limit sunlight.

Financials

Monthly Costs

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Stats in the Area

Average Price

$1,150,000

-3.4% below list price

Median Price

$1,150,000

Based on 1 recent sales

Price per Sq.Ft

$559

Comparable Properties

5543 Grant Way, Felton, CA 95018
Price: $1,150,000
Sq.Ft: 2,057
Beds/Baths: 3/2
$/Sq.Ft:
$55917.5%
Sale Date: 9/27/2024

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