118 Marina Avenue, Aptos, California 95003, Aptos, 95003 - 3 bed, 2 bath
118 Marina Avenue
Aptos, California 95003
Property Price
SUMMARY
Analysis of 118 Marina Avenue, Aptos, California 95003 reveals a Fairly Priced Property with a current list price of $1,595,000 aligned with the estimated $1,595,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Aptos Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 118 Marina Avenue Subject | $1,595,000* List Price | 3 | 2 | 1,364 | $1,169 | - |
A 273 Rio Del Mar Boulevard Active | $1,295,000 List Price | 2 | 2 | 1,300 | $996 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1970, the property has undergone extensive recent renovations that bring it to modern standards. Key upgrades include a remodeled kitchen and bathrooms, a brand-new roof, updated flooring, new sliding doors, a tankless water heater, and a 200-amp electrical panel. The home is in turn-key condition with high-end finishes and no apparent deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated just steps from the sand in Rio Del Mar Village, this property offers immediate access to the beach and local dining, making it a premier coastal retreat.
- Exceptional Ocean Views
The reverse floor plan and expansive glass walls maximize natural light and provide sweeping views of the Pacific Ocean and Monterey Bay from the primary suite and main living areas.
- Modern Turn-Key Upgrades
Extensive recent renovations including a new roof, remodeled kitchen and baths, and an EV-ready 200-amp panel ensure a move-in-ready experience with modern efficiency.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1394, living area = 1364.
- Minimal Lot Size
With a lot size of only 1,394 square feet, there is virtually no private outdoor yard space, which may limit buyers seeking traditional garden or ground-level play areas.
- Compact Interior Layout
The 1,364 square foot interior is relatively modest for a three-bedroom home, which can result in tighter secondary bedrooms and limited storage for full-time residents.
About 118 Marina Avenue
Welcome to this refined mid-century beach house with a modern touch, just steps from the sand, surf, and charm of Rio Del Mar Village. Designed with a reverse floor plan, the upstairs showcases open living and dining areas framed by walls of glass that fill the home with natural light and sweeping ocean views. A private bedroom suite on this level opens to two decks, one rooftop deck and the other adjacent, offering the perfect place to relax in the coastal breeze. Downstairs, two additional bedrooms share a full bath and comfortable entryway that creates flexible options for guests, extended family, or rental potential. Recent upgrades include a brand-new roof, new sliding doors, remodeled kitchen and baths, updated flooring, a tankless water heater, and a 200-amp electrical panel ready for an EV charger. With classic beachy style, thoughtful updates, and close proximity to beloved Rio Del Mar restaurants and the beach, this property presents a rare opportunity to own a coastal retreat. Aptos is truly one of California's most desirable seaside neighborhoods, tucked away for relaxation, views and comfort. Pacific ocean views from your primary suite, dining, living, kitchen and balconies. Your beach home awaits!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1970
- Lot Size
- 1,394 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,364 | 1,935 | 23% |
| Lot Size | 1,394 | 7,754 | 1% |
| Price | $1.59M | $1.49M | 56% |
| Price per sq ft | $1.2K | $788 | 84% |
| Built year | 1970 | 1975 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 134 | 165 | 22% |
Pricing History
Listed for Sale
Oct 24, 2025
$1,595,000
Initial Listing