Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land Ready to Build Title is generated by Realmo AI

    315 Lake DR, Boulder Creek 95006

    View on Map
    Claim this Listing
    For Sale
    $275,000

    LAND - BOULDER CREEK

    Lot size:
    0.31 Acres
    Added:
    Apr 9, 2026
    Days on Market:
    49
    Last Refresh:
    May 27 at 7:06 pm

    Property Features for 315 Lake DR

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-1-10
    Fencing
    Partial
    Standard status
    Active
    Lot size
    0.31 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Jacqueline Van Metre
    Jacqueline Van Metre

    Listing agent Jacqueline Van Metre License #02015151

    Listing office David Lyng Real Estate 1041 41st Ave, CA

    Listing date Apr 9, 2026

    MLS# ML82042320 Listing URL

    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.

    HighLights

    • Ready to build: Land is cleared with plans and permit available.
    • Mountain living with suburban neighborhood feel.
    • Close proximity to Boulder Creek Golf & Country Club.
    • Convenient access to downtown Boulder Creek dining and shopping.
    • Near Big Basin Redwood State Park, hiking, and mountain biking trails.
    • Utilities available: PG&E, sewer, cable & cell service.

    Overview

    This 0.314-acre land parcel is located in Boulder Creek, offering a blend of mountain living and suburban neighborhood feel. The property is situated in a desirable area, providing a sense of community while remaining removed from city noise. The location allows residents to enjoy the mountain community, with the recently reopened Boulder Creek Golf & Country Club within walking distance. Downtown Boulder Creek, featuring dining and shopping options, is a short drive away, as are Big Basin Redwood State Park, hiking trails, and mountain biking trails. The property has been cleared and includes available plans and permits, making it ready for construction. Essential utilities such as PG&E, sewer, cable, and cell service are accessible. The zoning is R-1-10.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Bar & Pub Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boulder Creek
    County
    Santa Cruz
    State
    Longitude
    -122.165144
    Latitude
    37.152943

    Nearby Similar for Sale

    • $535,000
      800 SF

      Land with Steel Shop Building

      4.39-acre land with utilities and steel shop building.
      500 Wildberry DR, BOULDER CREEK, 95006
      View Details
    • $850,000
      3,600 SF

      Private Land with Workshop

      20-acre property with workshop near Silicon Valley and Santa Cruz.
      360 Wildberry DR, BOULDER CREEK, 95006
      View Details
    • $1,850,000

      Mixed-Use Building in Boulder Creek

      New mixed-use building with commercial and residential units for sale.
      130 Grove ST, Boulder Creek, 95006
      View Details
    • $369,000
      1,395 SF

      Land with Coastal Ridge Vistas

      4.73-acre land parcel in Boulder Creek with building site.
      18060 Moonrise RD, Boulder Creek, 95006
      View Details
    • $375,000

      Serene Mountain Retreat Land Parcel

      2.5-acre Boulder Creek parcel with panoramic views and utilities.
      500 Hill House RD, BOULDER CREEK, 95006
      View Details
    • $175,000

      Land Near Boulder Creek Golf

      Land with approved plans near Boulder Creek Golf Course.
      340 Everest DR, BOULDER CREEK, 95006
      View Details
    • $199,000

      Cleared Land in Boulder Creek

      Ready-to-build lot with essential infrastructure in place.
      122 Cypress Tree LN, BOULDER CREEK, 95006
      View Details
    • $299,000

      Ready-to-Rebuild Land in Boulder Creek

      Rare 0.57 AC parcel in a peaceful, welcoming neighborhood.
      16470 Jamison Creek RD, BOULDER CREEK, 95006
      View Details
    • $276,000

      Secluded Mountain Sanctuary with Valley Views

      Private 10-acre retreat with panoramic views and hiking trails.
      28 Hartman Creek, BOULDER CREEK, 95006
      View Details
    • $550,000

      Serene 10-Acre Mountain Parcel

      10-acre parcel in Santa Cruz Mountains, ready for new beginnings.
      19145 Big Basin WAY, BOULDER CREEK, 95006
      View Details
    • $380,000

      Land in Boulder Creek

      3.7 acre parcel in a redwood forest.
      19900 Kings Creek RD, BOULDER CREEK, 95006
      View Details
    • $395,000

      Ready-to-Build Land in Boulder Creek

      Private 4+ acre property with approved plans and utilities.
      830 Kings HWY, BOULDER CREEK, 95006
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Cleared land with plans and permits available in Boulder Creek.
    Where is this residential land & home lot located?
    The property is located at 315 Lake DR Boulder Creek.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Ready to build: Land is cleared with plans and permit available.; Mountain living with suburban neighborhood feel.; Close proximity to Boulder Creek Golf & Country Club.
    (831) 713-9061
    We can help!
    Listing Contact
    Jacqueline Van Metre
    Jacqueline Van Metre
    Real Estate License ID: 02015151
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    315 Lake DR, BOULDER CREEK, 95006
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!