1500 Wharf Road 22, Capitola, California 95010, Capitola, 95010 - 3 bed, 2 bath

1500 Wharf Road 22, Capitola, California 95010 home-pic-0
ACTIVE$4,280,000
1500 Wharf Road 22, Capitola, California 95010
3Beds
2Baths
1,851Sqft
1,350Lot
Year Built
1930
Close
-
List price
$4.28M
Original List price
$4.28M
Price/Sqft
$2,312
HOA
$2,260
Days on market
-
Sold On
-
MLS number
ML81999793
Home ConditionExcellent
Features
Excellent View: Bay, Ocean
Deck
ViewBay, Ocean

About this home

We found 4 Cons,5 Pros. Rank: price - $4.28M(92th), sqft - 1851(65th), beds - 3(50th), baths - 2(50th).

Iconic oceanfront Venetian Court located in the heart of Capitola Village, this timeless home has been painted and photographed numerous times over it's history. With a balcony overlooking the Monterey Bay, steps to the sand, surfing, dining, shopping, fishing off the wharf and boat moorings. Located in the short term rental area and has a great rental history. Recently updated throughout with upscale products. DO NOT park in front of Unit in the Venetian Hotel parking lot. Unit has 2 rare offsite parking spaces deeded from 4995 Cliff Dr. Situated at the mouth of Soquel Creek, the Venetian Court is flanked by two other local landmarks-the Capitola Wharf and the Stockton Avenue Bridge, both revealing end-view perspectives of this intriguing complex. The Venetian was built by H. Allen Rispin in a Spanish Colonial Revival with strong Mediterranean influences. Rispin had envisioned a second Venice.

Price History

Date
Event
Price
03/27/25
Listing
$4,280,000
Condition Rating
Excellent

Despite being built in 1930, the property has been 'recently updated throughout with upscale products,' which is strongly supported by the images. The kitchen is fully modernized with white shaker cabinets, a contrasting blue island, high-end stainless steel appliances, white countertops, a unique farmhouse sink, and contemporary lighting. The bathroom features modern large-format tiling, updated fixtures, and recessed lighting. Throughout the home, there is consistent light wood flooring, neutral paint, and modern light fixtures, indicating a comprehensive and high-quality renovation that meets current standards with virtually new components.
Pros & Cons

Pros

Unrivaled Oceanfront Location & Views: Directly situated on the oceanfront within the iconic Venetian Court, offering breathtaking views of Monterey Bay and immediate access to the sand.
Prime Capitola Village Access: Located in the heart of Capitola Village, providing unparalleled walkability to dining, shopping, surfing, the wharf, and boat moorings.
Strong Short-Term Rental Potential: Positioned in a designated short-term rental area with a proven rental history, offering significant income-generating opportunities.
Historic & Architectural Significance: An iconic and timeless property built in 1930 with Spanish Colonial Revival and Mediterranean influences, recognized as a local landmark.
Rare Deeded Offsite Parking: Includes two rare, deeded offsite parking spaces, a highly valuable amenity in the densely populated Capitola Village.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1350, living area = 1851.
Substantial Monthly Association Fees: The monthly association fee of $2,260.00 is exceptionally high, adding a significant recurring cost to ownership.
Offsite Parking Inconvenience: While valuable, the deeded parking spaces are offsite, which may be less convenient than direct on-site parking.
Potential for Noise and Crowds: Its prime location in the bustling Capitola Village and proximity to popular attractions could lead to increased noise and foot traffic, particularly during peak seasons.

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