
Santa Cruz, California 95060
This Upper Westside Townhouse is a Strong Value Opportunity, listed at $650,000—positioned well below the $683,887 Fair Market Value by 4%. This valuation gap offers $33,887 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home offers fresh paint and new carpet, though the galley kitchen remains a prime candidate for modernization. With Greenbelt and Arroyo Views, community pool access, and proximity to Top-Rated Schools like Westlake Elementary, this is an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 140 Palo Verde Terrace Subject | $650,000* List Price | 2 | 2 | 990 | $691 | - |
A 134 Palo Verde Terrace Sold | $780,000 | 2 | 2 | 990 | $788 | 0.0 mi |
B 156 Castillion Terrace Sold | $730,000 | 2 | 2 | 1,046 | $698 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this property features recent cosmetic updates including fresh paint and new carpet. However, the galley kitchen and bathrooms are dated with older appliances, laminate countertops, and visible wear on cabinetry, indicating they are likely over 20 years old and in need of modernization.
Situated in the highly desirable Upper Westside of Santa Cruz, the property offers exceptional proximity to UCSC, top-rated Westlake Elementary, and popular nature preserves like Pogonip and Moore Creek.
The home features serene greenbelt and arroyo views, a peek of the ocean, and a large stairwell window that floods the open-concept living areas with abundant natural light.
Recent updates including fresh interior paint and new carpeting throughout provide a clean, refreshed aesthetic, allowing for immediate occupancy without the need for initial renovations.
The association fee of $827 per month is notably high for a 990-square-foot townhouse, which may impact buyer affordability and overall monthly carrying costs.
At under 1,000 square feet, the interior living area is relatively small for a two-bedroom home, which may feel restrictive for buyers seeking more spacious accommodations or additional storage.
Situated on Santa Cruz's desirable Upper Westside, this freshly painted townhome with new carpet offers a wonderful blend of comfort, natural beauty, and convenience. Enjoy greenbelt and arroyo views from the spacious rear deck and the galley kitchen, plus a peek of the ocean from one of the upstairs bedrooms. A large stairwell window fills the home with abundant natural light, while the open living and dining areas flow seamlessly to the outdoor living space. Features include laminate flooring on the main level, in-unit laundry, generously sized bedrooms, including one with a walk-in closet, and convenient carport parking. Residents enjoy a community pool and walking paths, with easy access to Westlake Elementary, UCSC, University Terrace Park, Moore Creek Preserve, and Pogonip. Just minutes from the beach, shopping, popular coffee shops, restaurants, bakeries, this home offers an exceptional opportunity to embrace the coveted Westside lifestyle.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.9 |
| Square foot | 990 | 1,177.667 |
| Lot Size | 871 | 1,139.778 |
| Price | $650.0K | $877.7K |
| Price per sq ft | $657 | $754 |
| Built year | 1974 | 1984 |
| HOA | $827.0 | $614 |
| Days on market | 51 | 42 |
Aug 25, 2026
$650,000
$699,000
-7% Price Drop
Initial Listing
Aug 11, 2026
$699,000
$739,000
-5% Price Drop
Initial Listing
Jul 20, 2026
$739,000
Initial Listing