
Capitola, California 95010
Big Price Adjustment! At the end of a quiet street in Capitola's coveted Depot Hill neighborhood, this exceptional oceanfront property offers spectacular panoramic views across Monterey Bay. Featuring a remodeled 3-bedroom main residence plus four additional updated units, this rare offering is ideal as a primary residence, vacation home, multi-generational compound, investment property, or corporate retreat. The main home features high ceilings, an open-concept living area, custom lighting, & a wraparound deck with breathtaking views from Pleasure Point, Capitola Village, to the Seacliff Cement Ship, & beyond. Two ocean-view bedrooms open to an oceanfront patio with a fire pit, while a private courtyard with a hot tub provides a peaceful retreat. A third bedroom & bath are on the main level. A private studio with fireplace, Murphy bed, bath, & laundry has its own entrance or access from the main home's deck. The detached triplex includes two studios & a one-bedroom unit with ocean views, outdoor space, garage parking, & laundry. The property offers garage parking for 6 cars plus additional off-street parking, & is a short stroll to Capitola Village & the beach. A rare opportunity to own one of Depot Hill's oceanfront properties with incredible views & income potential.
Property is new construction or fully renovated.
The property features an extensively remodeled main residence and updated additional units. The interior showcases high-end finishes including a modern kitchen with stone countertops and stainless appliances, custom wood-plank ceilings, recessed lighting, and polished flooring. Exterior upgrades like glass railings, professional hardscaping, and a fire pit indicate a recent, comprehensive renovation that places the home in mint, move-in ready condition.
Situated in the coveted Depot Hill neighborhood at the end of a quiet street, this property offers rare panoramic views of Monterey Bay, spanning from Pleasure Point to the Seacliff Cement Ship.
The unique configuration of a remodeled main residence plus four additional updated units provides exceptional flexibility for rental income, multi-generational living, or use as a corporate retreat.
A rare find for the Capitola coast, the property includes a 6-car garage plus additional off-street parking, addressing a common pain point in high-density beach communities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6098, other record lot size in square feet = 6273.
With 87 days on the market and a significant price reduction of nearly $700,000, the property has experienced notable market resistance regarding its initial valuation.
Managing five separate units on a 6,098 square foot lot may feel congested for buyers seeking a traditional private estate feel and increases long-term maintenance overhead for the 1970s-era structures.
No exterior & parking available.
Grades 6-8 • 3.5 mi
Grades 6-8 • 4.9 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 2.9 |
| Baths | 7.0 | 2.3 |
| Square foot | 3,100 | 1,692.556 |
| Lot Size | 6,098 | 4,927 |
| Price | $5.80M | $1.74M |
| Price per sq ft | $1.9K | $1.1K |
| Built year | 1971 | 1965 |
| HOA | $0 | $0 |
| Days on market | 100 | 35 |
Sep 11, 2026
$5,800,000
$6,495,000
-11% Price Drop
Initial Listing
Jul 16, 2026
$6,495,000
Initial Listing