1028 Western Drive, Santa Cruz, California 95060, Santa Cruz, 95060 - 4 bed, 3 bath
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1028 Western Drive
Santa Cruz, California 95060
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,172Sq Ft
18,426Lot Size
Property Price
LIST PRICE$2,599,000
EST. MARKET VALUE
$2,595,150
SUMMARY
This Upper Westside Estate is a Strong Value Opportunity, listed at $2,599,000—positioned well below the $2,595,151 Fair Market Value (effectively at market). Featuring a newly constructed 876 sq. ft. ADU and an Excellent Condition Rating, the property offers significant income potential or multi-generational flexibility. The expansive 18,426 sq. ft. lot provides rare privacy adjacent to Moore Creek Preserve. This turnkey asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end coastal residence with built-in rental revenue.
Estimated Market Value
$2,595,150
Based on Realkey algorithm analyzing recent comparable sales in Santa Cruz.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1028 Western Drive Subject | $2,599,000* List Price | 4 | 3 | 2,172 | $1,195 | - |
A 206 Ravenswood Court Sold | $2,700,000 | 3 | 3 | 2,972 | $908 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1962, the property has undergone a comprehensive high-end remodel and includes a newly constructed 876 sq. ft. ADU. The main kitchen and living areas feature modern finishes, stainless steel appliances, and updated flooring that appear to be less than 5 years old. The addition of owned solar and the mint condition of the interior and exterior landscaping align with the criteria for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18426, living area = 2172.
- Income Potential & Versatility
The property includes a newly constructed, fully permitted 876 sq. ft. ADU, offering significant potential for rental income, multi-generational living, or a dedicated professional home office.
- Rare Expansive Lot
Set on a rare, level 18,426 sq. ft. flat parcel in the Upper Westside, the grounds provide exceptional space for gardening and entertaining that is seldom found in this highly sought-after coastal neighborhood.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Market Stagnation
With 76 days on the market and two significant price reductions totaling $400,000, the property has struggled to find its price point, which may create a perception of overvaluation among savvy buyers.
- Vintage Core Infrastructure
While the home is beautifully remodeled, the original 1962 construction may still harbor older underlying systems that could require more maintenance than a modern build.
About 1028 Western Drive
Rare Upper Westside estate property offering nearly 3,050 square feet of combined living space, including a newly constructed, fully permitted 876 sq. ft. ADU. Set on a rare, level 18,426 sq. ft. flat parcel just moments from Moore Creek Preserve, this beautifully remodeled single-level ranch captures the essence of Santa Cruz livingprivacy, flexibility, and income potential in one of the areas most sought-after neighborhoods. The main residence spans 2,172 sq. ft. with 3 bedrooms and 2 full bathrooms, plus a spacious, flexible office ideal as a 4th bedroom, private suite, or guest quarters. Thoughtfully updated throughout, the home blends classic ranch charm with modern finishes and an easy indoor-outdoor flow. The newly built ADU offers excellent potential for rental income, extended family, or a private work-from-home retreatideal for UCSC faculty or Bay Area remote professionals seeking space and privacy. The expansive, flat grounds are a rare Westside findperfect for gardening, entertaining, or relaxing. Features include terraced gardens, a dog run, oversized two-car garage, and owned solarall just minutes from surf, trails, and Westside favorites.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 18,426 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,172 | 1,697.986 |
| Lot Size | 18,426 | 6,864.608 |
| Price | $2.60M | $1.63M |
| Price per sq ft | $1.2K | $940 |
| Built year | 1962 | 1973 |
| HOA | $0 | $352 |
| Days on market | 92 | 38 |
Pricing History
Listed for Sale
Aug 11, 2026
$2,599,000
$2,799,000
-7% Price Drop
Initial Listing
Price Change
Jun 30, 2026
$2,799,000
$2,999,000
-7% Price Drop
Initial Listing
Price Change
Jun 9, 2026
$2,999,000
Initial Listing
Sold
Feb 7, 2017
$1,275,000
Public Record