
Santa Cruz, California 95062
This Move-In Ready Townhouse represents a Strong Value Opportunity, listed at $742,000—positioned well below the $775,000 Fair Market Value by 4%. This valuation gap provides $33,000 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and a versatile floor plan with a private patio. Located near Top-Rated Schools like Harbor High, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking coastal proximity and long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1200 Capitola Road 7 Subject | $742,000* List Price | 3 | 3 | 1,333 | $581 | - |
A 2931 Leotar Circle Sold | $919,000 | 3 | 3 | 1,448 | $635 | 0.7 mi |
B 755 7th Avenue Sold | $855,000 | 2 | 3 | 1,187 | $720 | 0.7 mi |
C 1412 7th Avenue 7 Sold | $770,000 | 3 | 2 | 1,424 | $541 | 0.3 mi |
D 2960 Leotar Circle Sold | $795,000 | 2 | 3 | 1,320 | $602 | 0.8 mi |
E 1545 Hidden Terrace Court Sold | $815,000 | 2 | 2 | 1,250 | $652 | 0.1 mi |
F 2958 Leotar Circle Sold | $805,000 | 2 | 3 | 1,320 | $610 | 0.8 mi |
G 2927 Leotar Circle Active Under Contract | $949,000 List Price | 3 | 3 | 1,448 | $655 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1981, the property is well-maintained and features a mid-term renovation (estimated 5-15 years old) including granite countertops, stainless steel appliances, and updated laminate flooring. The interior is move-in ready and functional, though some original 1980s elements like cabinet structures and exterior siding remain.
Situated in the heart of Live Oak, this property offers exceptional proximity to Capitola Village, Pleasure Point, and local beaches, providing a highly desirable coastal lifestyle.
As a sought-after end-unit, the home features vaulted open-beam ceilings and a versatile floor plan including a ground-floor bedroom/office, maximizing both natural light and functional living space.
Currently listed at $742,000—a significant reduction from its 2022 sale price of $820,000—this home represents a competitive entry point into the Santa Cruz market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1333, other record living area = 1208. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly HOA fee of $625 is relatively high for the area, which may impact the overall affordability and debt-to-income ratios for prospective buyers.
With 60 days on the market and a recent price cut, the listing may face a 'stale' perception, potentially leading to lower-than-asking offers from opportunistic buyers.
Tucked within a quiet Live Oak townhome community, this beautifully maintained end-unit home combines move-in-ready condition, a functional 3-bedroom layout, and inviting indoor-outdoor spaces. The lower level includes a versatile bedroom or office with slider access to a private patio, along with a convenient half bath. Upstairs, two light-filled bedrooms feature vaulted open-beam ceilings, generous closet space, and a private balcony off the second bedroom. The spacious upstairs bath is thoughtfully designed with both a tub/shower combination and a separate stall shower. Vaulted ceilings and abundant natural light create an airy, inviting feel, while the wood-burning fireplace adds warmth and character. The kitchen offers granite countertops, a breakfast bar, ample storage, and practical everyday functionality. Additional highlights include in-unit laundry, an outdoor storage shed, and two assigned parking spaces. Located in the heart of Live Oak, this pet-friendly 27-unit community is just minutes from Capitola Village, Pleasure Point, the Harbor, beaches, Midtown Santa Cruz, local parks, schools, coffee shops, shopping, dining, and convenient Highway 1 access, offering the perfect balance of tranquility and everyday convenience.
No exterior & parking available.
Grades 6-8 • 1.2 mi
Grades 6-8 • 2.7 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,333 | 1,198 |
| Lot Size | 741 | 1,241.5 |
| Price | $742.0K | $890.0K |
| Price per sq ft | $557 | $772 |
| Built year | 1981 | 1985 |
| HOA | $625.0 | $556 |
| Days on market | 72 | 34 |
Jul 11, 2026
$742,000
$775,000
-4% Price Drop
Initial Listing
May 12, 2026
$775,000
Initial Listing
Jun 2, 2022
$820,000
Public Record
Sep 28, 2018
$541,000
Public Record
Jun 27, 2013
$330,000
Public Record
Feb 20, 2002
$300,000
Public Record