
Santa Cruz, California 95062
This 3-bedroom townhouse represents a Strong Value Opportunity, listed at a List Price of $739,000—positioned well below the $829,002 Fair Market Value by 10%. This valuation gap offers $90,002 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home offers a turnkey interior with new flooring and fresh paint, while providing an attached 2-car garage and private deck. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle near Twin Lakes Beach.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1412 7th Avenue 7 Subject | $739,000* List Price | 3 | 2 | 1,424 | $582 | - |
A 2335 17th Avenue Sold | $815,000 | 3 | 3 | 1,410 | $578 | 0.7 mi |
B 1200 Capitola Road 7 Active | $775,000 List Price | 3 | 3 | 1,333 | $581 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old), the property falls into the dated category. While it features recent cosmetic updates including fresh paint, new carpeting, and luxury vinyl plank flooring that make it move-in ready, the kitchen and bathrooms appear to maintain their original or older cabinetry and layouts. The property lacks a comprehensive renovation of major systems and wet areas to be considered 'Good' or 'Excellent' under the provided criteria.
Situated moments from the Yacht Harbor and Twin Lakes Beach, this property offers exceptional access to Santa Cruz's premier outdoor recreation, dining, and coastal lifestyle.
The combination of an attached 2-car garage, low HOA fees, and additional attic storage provides a level of utility and value seldom found in local townhouse developments.
Recent updates including fresh paint and new flooring, paired with vaulted ceilings and skylights, ensure the home is move-in ready with a bright and modern aesthetic.
Built in 1981, the property may eventually require updates to original mechanical systems or building envelopes to meet modern energy efficiency standards.
While the small 12-unit complex offers privacy, it lacks common recreational amenities such as a pool or clubhouse that some buyers expect within this price bracket.
Live where the best of Santa Cruz is right outside your door. Located just moments from the Yacht Harbor, Twin Lakes Beach, Arana Gulch, neighborhood cafés, restaurants, and everyday conveniences. Tucked within a small, peaceful complex of only 12 homes, this residence features a rare attached 2-car garage and low HOA fees. Upstairs, natural light pours through skylights and vaulted ceilings, creating a bright and welcoming atmosphere. Enjoy cozy evenings by the wood-burning fireplace or relax on the covered balcony. Fresh paint, new carpeting, and luxury vinyl plank flooring make the home move-in ready, while generous closets and a usable attic provide storage rarely found in townhouse living. This spacious 3-bedroom, 2-bath townhouse combines an unbeatable location with comfort, peace and functionality.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 83% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,424 | 1,176 | 92% |
| Lot Size | - | 283 | 50% |
| Price | $739.0K | $852.5K | 17% |
| Price per sq ft | $519 | $766 | 8% |
| Built year | 1981 | 1984 | 25% |
| HOA | $440.0 | $540 | 25% |
| Days on market | 16 | 84 | 8% |
May 29, 2026
$739,000
Initial Listing