
Aptos, California 95003
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $878,613 Fair Market Value by 3%. This valuation gap offers $28,613 in Instant Equity. Featuring a Condition Rating of 5, the home requires modernization, yet offers significant upside through its 9,670 sqft lot and wraparound deck. Located near Rio Del Mar Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through strategic renovations.
Property is extensive renovation needed.
Built in 1967, the property appears to have mostly original or significantly dated features. The kitchen and bathrooms show cabinetry, countertops, and appliances that are likely over 30 years old, meeting the criteria for a rehab-ready condition due to functional and aesthetic obsolescence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9670, living area = 1312.
Ideally situated minutes from the beach, Highway 1, and Deer Park Shopping Center, offering a perfect blend of coastal lifestyle and commuter convenience with high-rated local schools.
The home features soaring wood-beamed ceilings, an open-concept layout, and an expansive wraparound deck that maximizes the serene mountain and neighborhood views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9670, other record lot size in square feet = 4922.
Built in 1967, the property may require significant capital investment to update original systems, finishes, and energy efficiency to meet modern standards.
The 1.5-bath configuration for a two-bedroom home at this price point may be a drawback for buyers seeking the convenience of two full bathrooms.
Enjoy the best of Aptos living in this charming 2-bedroom, 1.5-bath home just minutes from the beach, Highway 1, and Deer Park Shopping Center. Surrounded by mature trees and lush landscaping, the property offers a peaceful setting with beautiful views from the expansive wraparound deck perfect for relaxing, entertaining, or enjoying your morning coffee. Inside, the open-concept living area features soaring wood-beamed ceilings, abundant natural light, warm wood accents, and a cozy brick fireplace. The kitchen flows seamlessly into the living and dining areas for easy everyday living. A rare highlight for this sought-after neighborhood is the abundance of on-site parking, providing space for multiple vehicles, guests, or recreational equipment. Additional features include an outdoor shower, mature citrus and avocado trees, storage shed, and multiple outdoor gathering areas. Enjoy privacy, convenience, and a relaxed coastal lifestyle close to beaches, shopping, dining, and commuter routes.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 0.6 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,312 | 1,911 |
| Lot Size | 9,670 | 8,886 |
| Price | $850.0K | $1.47M |
| Price per sq ft | $648 | $858 |
| Built year | 1967 | 1977 |
| HOA | $0 | $238 |
| Days on market | 49 | 43 |
Jun 3, 2026
$850,000
Initial Listing
Dec 21, 2000
$399,000
Public Record