145 Farallon Court, Aptos, California 95003, Aptos, 95003 - 2 bed, 3 bath
Loading property details...
Aptos, California 95003
This Coastal Townhouse presents a Strong Value Opportunity, listed at $999,999—positioned well above the $915,465 Fair Market Value by 9%. While priced at a premium, the property offers a Fair Condition Rating with significant potential for cosmetic modernization. Key highlights include Ocean Views, a Flexible Secondary Bedroom Layout, and proximity to Rio Del Mar Elementary (Rating 8). This asset balances coastal lifestyle appeal with long-term appreciation potential. It is an ideal acquisition for Owner-Occupants seeking a beachside retreat or Buy-and-Hold Investors targeting the Aptos market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 145 Farallon Court Subject | $999,999* List Price | 2 | 3 | 1,537 | $596 | - |
A 182 Hyannis Court Sold | $1,100,000 | 3 | 3 | 1,844 | $597 | 0.2 mi |
B 142 Bar Harbor Court Active | $1,045,000 List Price | 2 | 3 | 1,632 | $640 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this 42-year-old property is functional but dated. The interior features original or older Saltillo tile flooring and basic white bathroom vanities that lack modern updates. While the home appears well-maintained and move-in ready, the age of the finishes and systems likely exceeds 20 years, necessitating cosmetic and potentially mechanical updates to meet current market standards.
Situated on a quiet cul-de-sac near Seascape Beach Resort and Monterey Bay, the property offers ocean views and immediate access to beaches, golf, and Seascape Village.
The unique flexible secondary bedroom layout with pocket doors allows for an easy conversion into a third bedroom, office, or guest space, maximizing functional square footage.
The home is served by highly-rated local schools, including Rio Del Mar Elementary (Rating 8), which significantly enhances long-term property value and family appeal.
Built in 1982, the property may require capital improvements or modern updates to its systems and finishes to meet the expectations of contemporary luxury buyers.
The $460 monthly association fee represents a significant ongoing carrying cost that buyers must factor into their overall monthly affordability and budget.
Experience coastal living at its finest in this beautifully situated Aptos retreat tucked away on a quiet cul-de-sac near the breathtaking Monterey Bay coastline. Offering ocean views and an ideal location just moments from the renowned Seascape Beach Resort, this inviting home blends comfort, flexibility, and the best of beachside living. Enjoy easy access to scenic walking paths, pristine beaches, golf, dining, shopping, and the charming Seascape Village. The spacious layout features light-filled living areas, a cozy fireplace, and private outdoor spaces perfect for soaking in the coastal breeze. A unique feature of the home is the flexible secondary bedroom layout, where pocket doors allow the space to be divided into two separate rooms, each with hallway accesscreating the potential for a functional third bedroom, guest space, office, or bonus room setup. Whether you're looking for a full-time residence, weekend getaway, or investment opportunity, this home offers the quintessential Aptos lifestyle in one of the coasts most desirable locations.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 1.7 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,537 | 1,514 | 56% |
| Lot Size | - | 1,437 | 22% |
| Price | $1000.0K | $946.0K | 67% |
| Price per sq ft | $651 | $635 | 67% |
| Built year | 1982 | 1985 | 22% |
| HOA | $460.0 | $460 | 50% |
| Days on market | 27 | 187 | 22% |
May 18, 2026
$999,999
Initial Listing
Dec 12, 1997
$234,000
Public Record