115 Library Lane, Santa Cruz, California 95062, Santa Cruz, 95062 - 2 bed, 2 bath
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115 Library Lane
Santa Cruz, California 95062
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,215Sq Ft
0Lot Size
Property Price
LIST PRICE$889,000
EST. MARKET VALUE
$872,121
SUMMARY
This Turnkey Townhouse is listed at $889,000, reflecting a stable price point relative to its $872,121 Fair Market Value. While the property is priced slightly above market, it offers a Fair Condition Rating with significant recent upgrades, including fresh paint, new flooring, and a new dishwasher. Located in the heart of the desirable Seabright neighborhood, the home features a spacious primary suite and a private back patio, providing a low-maintenance lifestyle. This property is an ideal fit for first-time buyers or owner-occupants seeking a move-in ready residence.
Estimated Market Value
$872,121
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 |
|---|---|---|---|---|---|---|
★ 115 Library Lane Subject 2 bd · 2 ba · 1,215 sqft · $718 | $889,000* List Price | 2 | 2 | 1,215 | $718 | - |
A 117 Gault Street B Sold 2 bd · 2 ba · 1,125 sqft · $822 · 0.1 mi | $925,000 | 2 | 2 | 1,125 | $822 | 0.1 mi |
B 110 Library Lane Active 2 bd · 2 ba · 1,244 sqft · $732 · 0.0 mi | $910,000 List Price | 2 | 2 | 1,244 | $732 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1996 (28 years old), the property exceeds the 20-year threshold for a 'Good' rating. While it features recent cosmetic improvements including fresh paint, new vinyl plank flooring, and a new dishwasher, the kitchen cabinets are original (painted) and the bathrooms retain dated 1990s-era vanities and fixtures. It is well-maintained and move-in ready, but the underlying systems and cabinetry age place it in the Fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Seabright Location
Situated in one of Santa Cruz's most coveted neighborhoods, this home offers exceptional walkability to local landmarks like Staff of Life Market, the Rio Theatre, and popular dining spots.
- Turnkey Condition
The property is move-in ready featuring recent updates including fresh interior paint, new vinyl plank flooring, new carpeting, and refreshed kitchen cabinetry.
- Desirable Primary Suite
The spacious top-floor primary suite serves as a standout feature, offering high ceilings, multiple closets, and significant natural light for a premium feel.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $735 is relatively high for a two-bedroom unit, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Limited Bedroom Count
With only two bedrooms, the property may not appeal to growing families or buyers requiring a dedicated home office without sacrificing guest space.
About 115 Library Lane
Located in the heart of Seabright, one of Santa Cruz's most desirable neighborhoods, this well maintained townhome offers a fantastic location and is move in ready. Built in 1996 and situated in a small complex, the home features fresh interior paint, new vinyl plank flooring & carpet, freshly painted kitchen cabinets & a new dishwasher. The spacious top floor primary suite is a standout, with high ceilings, multiple closets, and plenty of natural light. Additional highlights include an attached two car garage and a private back patio. Just around the corner from Staff of Life Market and close to local favorites like Lillian's & Akira, the Rio Theatre, and all that Seabright has to offer. A great opportunity to enjoy one of Santa Cruz's best neighborhoods and easy, low maintenance living!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1996
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $735.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,215 | 1,201.95 |
| Lot Size | - | 1,126.2 |
| Price | $889.0K | $861.5K |
| Price per sq ft | $732 | $728 |
| Built year | 1996 | 1986 |
| HOA | $735.0 | $603 |
| Days on market | 4 | 47 |
Pricing History
Listed for Sale
Oct 20, 2026
$889,000
Initial Listing