
Capitola, California 95010
Analysis of 1500 Wharf Road 12, Capitola, California 95010 is currently available with a list price of $2,999,000. 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 Capitola 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.
Property is new construction or fully renovated.
Despite being built in 1930, this iconic property has undergone an extensive recent renovation within the last 5 years. The interior features modern wood-look tile flooring, updated shaker-style kitchen cabinetry with solid surface countertops, and contemporary recessed LED lighting. The windows have been upgraded to modern sliders, and the paint and finishes throughout the living areas and bedrooms appear new and well-maintained, meeting current quality standards with no visible deferred maintenance.
Situated in the world-renowned Venetian Court, this rare end unit offers unparalleled views of Monterey Bay and the Capitola Esplanade, placing residents steps from the beach and local amenities.
The property is eligible for vacation rental permits, providing a significant opportunity for high-yield short-term rental income in one of California's most photographed and visited seaside destinations.
Built in 1930, this landmark home has been thoughtfully updated with a new kitchen, flooring, and paint, successfully blending timeless European-inspired architecture with contemporary interior comforts.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1002, living area = 1926.
The association fee of $2,150 is substantial, which may impact the overall return on investment and significantly increase the monthly cost of ownership compared to other residential options.
One of the most photographed properties in Santa Cruz County, the beloved Venetian Court, Unit Twelve, is being offered to the market for the first time in the past fifty years. This home has served as the unofficial icon of not only the City of Capitola, but also readily identifiable to the State of California. This end unit has a private balcony overlooking the Capitola Esplanade, Monterey Bay, and is nestled between the Stockton Bridge and the Capitola Wharf. This home is steps to the sand, surfing, dining, shopping, fishing and year round enjoyment of one of the best beaches in California. Vacation rentals are allowed with City permit. Recently updated kitchens, flooring and paint. The Capitola Venetian Court was envisioned as a second Venice with and add a touch of European charisma to the California coast. With their globally recognized bright colors, they serve as a backdrop for various festivals, art exhibitions, and community events throughout the year. The Venetian Court stands as testaments to the seaside city of Capitola's rich history and enduring cultural appeal.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 82% |
| Baths | 3.0 | 2.0 | 82% |
| Square foot | 1,926 | 1,100 | 82% |
| Lot Size | 1,002 | 3,223 | 9% |
| Price | $3.00M | $1.70M | 82% |
| Price per sq ft | $1.6K | $1.6K | 50% |
| Built year | 1930 | 1955 | 18% |
| HOA | $2150.0 | $0 | 91% |
| Days on market | 40 | 80 | 18% |
Apr 3, 2026
$2,999,000
$3,199,000
-6% Price Drop
Initial Listing
Mar 13, 2026
$3,199,000
Initial Listing