107 Park Place, Capitola, California 95010, Capitola, 95010 - bed, bath

107 Park Place, Capitola, California 95010 home-pic-0
ACTIVE$2,395,000
107 Park Place, Capitola, California 95010
0Bed
0Bath
1,775Sqft
784Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: Situated in the heart of Capitola Village, the property is just steps away from beaches, the Capitola Wharf, shopping, and dining, offering unparalleled walkability and lifestyle appeal.
Top Cons:
Extremely Small Lot Size: With a lot size of only 784 sqft, outdoor space is severely limited, which may be a drawback for buyers seeking yard space or privacy, and restricts potential for future expansion.

Compared to the nearby listings

Price:$2.40M vs avg $2.10M (+$295,000)60%
Size:1,775 sqft vs avg 1,775 sqft50%
Price/sqft:$1.3K vs avg $1.3K60%

More Insights

Built in 1967 (58 years old).
Condition: Despite being built in 1967, this duplex has undergone an extensive, high-quality renovation. The kitchen features modern white shaker cabinets, quartz countertops, and stainless steel appliances, complemented by recessed lighting throughout the main living areas. Flooring consists of contemporary laminate/LVP and clean tile, with no visible carpets. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance. The overall aesthetic is fresh, modern, and move-in ready, indicating a very recent and comprehensive update.
Year Built
1967
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$1,349
HOA
-
Days on market
-
Sold On
-
MLS number
ML82016283
Home ConditionExcellent
Features
Good View: Ocean
ViewOcean

About this home

Here is your chance to own a little slice of HEAVEN in the heart of CAPITOLA VILLAGE! Just steps away from beaches, the Capitola Wharf, shopping and dining. Located in the Vacation Rental Zone, this updated duplex provides many opportunities with two units, a bonus room, washer/dryer room, roof access with ocean views and 324 sqft. garage .Unit One is a 300 sqft studio with a breakfast bar. Unit Two has 1150 sqft of living space with two master bedrooms, the kitchen has been updated with quartz counter tops, stainless steel appliances and recessed lighting throughout.The 300 sqft bonus room has a full bathroom and closet. Let your imagination run wild...use as a 4 bedroom/ 4 bathroom house, a family get-a way and vacation rental or a long term rental. The possibilities are endless.

Condition Rating
Excellent

Despite being built in 1967, this duplex has undergone an extensive, high-quality renovation. The kitchen features modern white shaker cabinets, quartz countertops, and stainless steel appliances, complemented by recessed lighting throughout the main living areas. Flooring consists of contemporary laminate/LVP and clean tile, with no visible carpets. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance. The overall aesthetic is fresh, modern, and move-in ready, indicating a very recent and comprehensive update.
Pros & Cons

Pros

Prime Coastal Location: Situated in the heart of Capitola Village, the property is just steps away from beaches, the Capitola Wharf, shopping, and dining, offering unparalleled walkability and lifestyle appeal.
High Income Potential: Located in a designated Vacation Rental Zone and configured as a duplex with a bonus room, this property offers significant flexibility for vacation rentals, long-term rentals, or multi-generational living, maximizing investment returns.
Versatile Duplex Configuration: The property features two distinct units (a 300 sqft studio and an 1150 sqft unit with two master bedrooms) plus a 300 sqft bonus room with a full bathroom, providing diverse usage options.
Ocean Views & Roof Access: The inclusion of roof access with ocean views adds a premium amenity, enhancing the property's desirability and value in a coastal market.
Updated Interiors: The main unit's kitchen has been updated with quartz countertops, stainless steel appliances, and recessed lighting, offering modern aesthetics and functionality for immediate occupancy or rental.

Cons

Extremely Small Lot Size: With a lot size of only 784 sqft, outdoor space is severely limited, which may be a drawback for buyers seeking yard space or privacy, and restricts potential for future expansion.
Compact Unit Sizes: While offering multiple units, the 300 sqft studio and the 1150 sqft main unit (plus bonus room) are relatively compact, which might limit appeal to certain tenant demographics or larger families.
Age of Structure: Built in 1967, despite recent updates to the kitchen, the underlying infrastructure (plumbing, electrical, roof, foundation) may be original and could require significant maintenance or upgrades in the near future.

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