Duplex with Detached
For Sale
$2,175,000
235 Southwood Drive, Scotts Valley, CA 95066
ResidentialIncome, ScottsValley, CA
Property Size3,158 SF
Lot Size2.09 Acres
Price / SF$688.73
Days on Market30
Property Features for 235 Southwood Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
5
Parking features
Garage
Elementary school
ScottsValleyUnified
High school
ScottsValleyUnified
Elementary school district
ScottsValleyUnified
High school district
ScottsValleyUnified
Directions
Take Granite Creek to the top of the hill, turn right on Southwood Dr. Continue on past the fork where Southwood goes down the hill (at the mailboxes) and the property will be on your right hand side.
Subdivision
ScottsValley
Standard status
Active
APN
024-202-33-000
Size
3,158 SF
Lot size
2.09 Acres
Taxes and HOA fees
Tax Annual Amount
0
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1976
Roof type
Composition
Listing Agency:
Amber Grewer Real Estate
Listed By:
Amber Grewer · License #01346361
(831) 566-0021
Added: Sep 22
Changed: Oct 21
Last Checked: Oct 21 at 12:06PM
MLS# ML82062226
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Set on 2.089 acres in Scotts Valley, this 3,158-square-foot duplex property includes a four-bedroom, 2.5-bathroom main residence and a detached one-bedroom ADU above a separate two-car garage. The primary home also has an attached two-car garage, providing two distinct garage structures on the property.
Interior features include vaulted ceilings, an open kitchen with granite countertops, a living room with fireplace, a dining area with wet bar, an office, a game room, and a primary suite with a flexible seating or office nook. Built in 1976, the property has forced-air heating, public water, and a composition roof. Lodato Park is just outside the back door, while Glenwood Preserve trails are nearby. Santa Cruz beaches are approximately 10 minutes away, with access toward Silicon Valley via Hwy 17.
Interior features include vaulted ceilings, an open kitchen with granite countertops, a living room with fireplace, a dining area with wet bar, an office, a game room, and a primary suite with a flexible seating or office nook. Built in 1976, the property has forced-air heating, public water, and a composition roof. Lodato Park is just outside the back door, while Glenwood Preserve trails are nearby. Santa Cruz beaches are approximately 10 minutes away, with access toward Silicon Valley via Hwy 17.
Key Highlights
- 2.089‑acre Scotts Valley property with 3,158 square feet of improvements
- Four‑bedroom, 2.5‑bathroom main residence
- Detached two‑car garage with one‑bedroom ADU above
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,287
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,625,740
$1.6M
Cap Rate 7%
$1,161,243
$1.2M
Cap Rate 9%
$903,189
$903.2K
Market Conditions
NOI Build-Up for 3,158 SF
Gross rent
$151.6K $48.00/SF
− Vacancy
−$3.8K −$1.20/SF
EGI
$147.8K $46.80/SF
− OpEx
−$66.5K −$21.06/SF
NOI
$81.3K $25.74/SF
Area
Santa Cruz County, CA
Vacancy
2.50%
Lease Rate
$48.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,625,740
Cap Rate 7%
$1,161,243
Cap Rate 9%
$903,189
Alternative Uses
Best Use
Apartment 5plus
$1.16M
$1.02M – $1.35M
NOI $81,287 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$1.81M
$1.58M – $2.11M
NOI $126,402 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Explore this area
Business Placement
Demographics for 95066, CA
15,483
Population
6,733
Households
2.3
Avg Household Size
45
Median Age
55%
College-Educated
96%
High-School Grad
18.7 sq mi
ZIP Area
828
Density / Sq Mi
$146,941
Median Household Income
$73,323
Median Earnings
$2,384
Median Rent
$1,113,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - Scotts Valley property combines a four-bedroom main residence with a separate one-bedroom ADU and multiple garage spaces.
Where is this single family property located?
The property is located at 235 Southwood Drive Scotts Valley, CA.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: 2.089‑acre Scotts Valley property with 3,158 square feet of improvements; Four‑bedroom, 2.5‑bathroom main residence; Detached two‑car garage with one‑bedroom ADU above
