1139 Callas Lane 4, Capitola, California 95010, Capitola, 95010 - 2 bed, 1 bath
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1139 Callas Lane 4
Capitola, California 95010
ACTIVE
CONDITION: GOOD
2Beds
1Baths
960Sq Ft
784Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$613,273
6% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $575,000—positioned well below the $613,273 Fair Market Value by 6%. This valuation gap provides $38,273 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, fresh paint, and an Oversized Private Deck. Located near Soquel High School, this property offers a coastal lifestyle with community pool access. It is an ideal acquisition for first-time buyers or coastal investors seeking a move-in ready asset.
Estimated Market Value
$613,273+$38,273 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Capitola.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1139 Callas Lane 4 Subject | $575,000* List Price | 2 | 1 | 960 | $639 | - |
A 922 Ponselle Lane 1 Sold | $580,000 | 2 | 1 | 795 | $730 | 0.0 mi |
B 922 Ponselle Lane 3 Sold | $499,000 | 2 | 1 | 893 | $559 | 0.0 mi |
C 1140 Callas Lane 1 Pending | $599,000 List Price | 2 | 1 | 935 | $641 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1977, the condo is well-maintained and move-in ready following a recent cosmetic refresh including new paint and carpeting. The kitchen and bathroom feature granite countertops from a prior renovation (estimated 5-15 years ago). While some elements like the electric coil cooktop and cabinetry are dated, the overall condition is functional and clean.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Ideally situated just minutes from Capitola Village and New Brighton State Beach, offering residents easy access to premier coastal recreation, dining, and shopping.
- Turnkey Condition
The unit is move-in ready with fresh interior paint, new carpeting, and granite countertops, minimizing immediate post-purchase renovation costs for the buyer.
- Enhanced Outdoor Living
Features an oversized private deck that significantly expands the functional living space, providing a rare outdoor retreat for a condominium in this price point.
CONSRISKS & DEFICIENCIES
- High HOA Fees
The monthly association fee of $630 is relatively high, which may impact buyer affordability and overall monthly carrying costs compared to other local options.
- Limited Bathroom Count
With only one bathroom for a two-bedroom unit, the property may be less appealing to small families or those seeking a more modern dual-bath configuration.
About 1139 Callas Lane 4
Enjoy the best of Capitola living in this beautifully refreshed 2-bedroom, 1-bath condo ideally located just minutes from Capitola Village, New Brighton State Beach, shopping, dining, and convenient freeway access. Freshly painted with new carpeting throughout, this light-filled upper-level home offers a spacious open floor plan designed for comfortable everyday living. The kitchen features granite slab countertops, abundant cabinetry, and opens seamlessly to the dining and living areas, making entertaining a breeze. Step outside to the oversized private deck, perfect for morning coffee, outdoor dining, or relaxing in the coastal breeze. Additional highlights include an updated bathroom with granite vanity, generous bedroom closets, a detached one-car carport with storage, second uncovered space, and access to the community pool. Whether you're looking for your first home, a weekend retreat, or an investment opportunity, this move-in ready condo offers an exceptional combination of comfort, convenience, and the sought-after Capitola lifestyle.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1977
- Lot Size
- 784 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $630.0 / Month
Neighborhood Insights
Capitola Unified Schools
Branciforte Middle School
Grades 6-8 • 3.7 mi
6/10
Mission Hill Middle School
Grades 6-8 • 5.2 mi
6/10
Soquel High School
Grades 9-12 • 1.1 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 1.1 |
| Square foot | 960 | 853.125 |
| Lot Size | 784 | 915 |
| Price | $575.0K | $613.2K |
| Price per sq ft | $599 | $655 |
| Built year | 1977 | 1975 |
| HOA | $630.0 | $646 |
| Days on market | 50 | 111 |
Pricing History
Listed for Sale
Aug 21, 2026
$575,000
$625,000
-8% Price Drop
Initial Listing
Price Change
Jul 21, 2026
$625,000
Initial Listing