294 Covered Bridge Rd S

Beds
Baths
2,971 Sq. Ft.
$522 / Sq. Ft.
2,971
Sq. Ft.
$522
per Sq. Ft.

Description

Six indivudual house for price of 1 in Santa Cruz. Fantastic location adjacent to Covered Bridge park and walk to downtown Felton. Easy stroll to Felton Music Hall, New Leaf,equestrian center and more. Close to Raoring Camp and Henry Cowell Redwoods and less than 10 minute drive to downtown Santa Cruz or Scotts Valley. There are three studios, a 1br,2br,and 3 bedroom. Each unit has private fenced yard. Versatilty of units makes this great for buyers searching for solid investment return,live in one...Six indivudual house for price of 1 in Santa Cruz. Fantastic location adjacent to Covered Bridge park and walk to downtown Felton. Easy stroll to Felton Music Hall, New Leaf,equestrian center and more. Close to Raoring Camp and Henry Cowell Redwoods and less than 10 minute drive to downtown Santa Cruz or Scotts Valley. There are three studios, a 1br,2br,and 3 bedroom. Each unit has private fenced yard. Versatilty of units makes this great for buyers searching for solid investment return,live in one rent the others, or a community compound. Property has been well maintained by current owner. Contigent upon successful close of escrow of Sellers upleg replacement property already in escrow.
  1. Listed by Andy Kay • DRE #00922383 • Brokerage DRE #02014153 • Room Real Estate • 831-239-9002

Property Details for 294 Covered Bridge Road South

MLS City Name
FELTON
Building Type
Other
Garage Spaces
0
Parking Spaces
5
LISTING UPDATED: 03/30/2026 08:21 PM

Property Details for 294 Covered Bridge Road South

StatusActive
MLS #ML82040897
Days on Compass8
Taxes$15,011 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1953
Lot Size0.25 AC / 10,803 SF
CountySanta Cruz County

Location

Listing Courtesy of Room Real Estate, Andy Kay, DRE #00922383
Add your commute

Building Information for 294 Covered Bridge Road South

Stories-Residences-Year Built1953Building Size-Lot Size0.25 AC / 10,803 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$9,056 per month

30 year fixed, 6.46% Interest

Principal and Interest

$7,805

Property Taxes

$1,251

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 294 Covered Bridge Road South

Features
Room Information
  • Kitchen: Refrigerator
Features
  • Fireplace: No
  • Living SqFt: 2971
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Gas, Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Septic Standard
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Common Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 6
  • Area Text: Felton
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 294
  • Street Name: Covered Bridge
  • Street Suffix: Road
  • Area ID: 37
Lot / Property Details
Building Information
  • Number of Buildings: 6
  • Structure SqFt: 2971
  • Structure SqFt Source: Other
  • Age: 73
Development Information
  • Zoning Detail: R-1-15-GH
Location Information
  • Directions: xst Graham Hill Rd
  • Parcel Number: 065-092-08-000
  • County Name: Santa Cruz
  • City Name: FELTON
  • City Postal ID: 309
  • Postal Code: 95018
  • Elementary School District: 830
  • High School District Text: San Lorenzo Valley Unified
Lot Information
  • Foundation: Post and Pier, Other
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 6
General Information
  • Annual Tax Amount: $15,011
  • Capitalization Rate: 7.04
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $16,685
  • Expense Landscape: $0
  • Expense Maintenance: $2,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $7,517
  • Expenses Total: $41,213
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Utilities
  • Gross Rent Multiplier: 10.31
  • Income Annual Gross: $150,288
  • Income Annual Rental: $150,288
  • Income Gross Scheduled: $150,288
  • Income Other: $0

Property History for 294 Covered Bridge Road South

DateEvent & SourcePriceAppreciation
Mar 31, 2026

Listed (Active)

EBRD #ML82040897

$1,550,000
Mar 30, 2026

Listed (Active)

MLSListings #ML82040897

$1,550,000
Sep 30, 2016

Sold (Public Record)

Public Record #580644627

$1,020,000
DateEvent & SourcePrice
03/31/2026

Listed (Active)

EBRD #ML82040897

$1,550,000
03/30/2026

Listed (Active)

MLSListings #ML82040897

$1,550,000
09/30/2016

Sold (Public Record)

Public Record #580644627

$1,020,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 294 Covered Bridge Road South

Taxable ValueLand$864,172Additions$319,625Total$1,183,797
Tax Record2025$15,117 ($1,260 / month)
Home Facts
Baths6Total Finished SqFt420 SqFtAbove Grade Finished SqFt420 SqFtLot Size10,803 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningR-1-15-GHCountySANTA CRUZAPN065-092-08

Schools near 294 Covered Bridge Road South

This home is within San Lorenzo Valley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
San Lorenzo Valley Elementary School
PublicK to 5

San Lorenzo Valley Middle School
Public6 to 8

San Lorenzo Valley High School
Public9 to 12

SLUSD Charter School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

294 Covered Bridge Road South is for sale in Felton, CA 95018. This property was listed for sale on March 30, 2026 by Room Real Estate, it's currently listed at $1,550,000. It has been on the market for a total of 8 days and was last sold on September 30, 2016. This listing's school district is San Lorenzo Valley Unified School District. Nearby schools include San Lorenzo Valley Elementary School, San Lorenzo Valley Middle School and San Lorenzo Valley High School. 294 Covered Bridge Road South is a 0-bed, 0-bath, 2,971 sqft built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Room Real Estate, Andy Kay, DRE #00922383

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.