3BR Mobile Home in 55+
27 Pepperwood Way 27 Soquel, CA 95073
For Sale
$649,000
Built in 2017, this 3-bedroom, 2-bath home features an open, bright layout with modern finishes and a covered front porch.
Property Size1,500 SF
Price / SF$432.67
Days on Market94
Property Features for 27 Pepperwood Way 27
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Building Details
Year Built
2017
Listing Agency:
eXp Realty of California, Inc.
(831) 688-9800
Listed By:
Strock Team · License #70010201
(831) 688-9800
Source:
Elliman
Added: Apr 27
Changed: Jul 23
Last Checked: Jul 29 at 7:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of California, Inc.
Investment Insights
Based on property information with market context.
Located in Soquel Glen Mobile Home Park, this built-in-2017 3-bedroom, 2-bath mobile home is meticulously maintained and designed around a bright, open floor plan with abundant natural light. The kitchen includes stone countertops, warm cabinetry, and stainless steel appliances, flowing into the living and dining areas. The spacious primary suite offers privacy, with additional bedrooms that can flex for guests or office use. Outside, the home features a covered front porch and a landscaped exterior, reflecting pride of ownership throughout.
Soquel Glen is a 55+ rent-controlled community with shared amenities including a pool, spa, and clubhouse, along with well-kept grounds in a peaceful setting. The home is located in Soquel just minutes from Capitola and Santa Cruz beaches, with convenience to shopping, dining, medical services, and coastal recreation. BikeScore is listed at 59 (bikeable) and WalkScore at 52 (somewhat walkable).
Soquel Glen is a 55+ rent-controlled community with shared amenities including a pool, spa, and clubhouse, along with well-kept grounds in a peaceful setting. The home is located in Soquel just minutes from Capitola and Santa Cruz beaches, with convenience to shopping, dining, medical services, and coastal recreation. BikeScore is listed at 59 (bikeable) and WalkScore at 52 (somewhat walkable).
Key Highlights
- Built in 2017 mobile home in Soquel Glen Mobile Home Park (55+), a rent‑controlled community
- Approx. 1,500 sq ft with 3 bedrooms and 2 bathrooms
- Bright open floor plan with abundant natural light and modern finishes throughout
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.0k | $48.00 |
| − Vacancy | −$1.8k | −$1.20 |
| EGI | $70.2k | $46.80 |
| − OpEx | −$31.6k | −$21.06 |
| NOI | $38.6k | $25.74 |
1,500 SF · lease $48.00/SF/yr · vacancy 2.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$551.6K
$482.6K – $643.5K
NOI $38,610 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$857.7K
$750.5K – $1.00M
NOI $60,039 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Built in 2017, this 3-bedroom, 2-bath home features an open, bright layout with modern finishes and a covered front porch.
Where is this mobile home & rv park located?
The property is located at 27 Pepperwood Way 27 Soquel, CA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Built in 2017 mobile home in Soquel Glen Mobile Home Park (55+), a rent‑controlled community; Approx. 1,500 sq ft with 3 bedrooms and 2 bathrooms; Bright open floor plan with abundant natural light and modern finishes throughout
