
Capitola, California 95010
Analysis of 1500 Wharf Road 22, Capitola, California 95010 is currently available with a list price of $3,995,000. 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.
Although originally built in 1927, the property has been recently remodeled and is in mint condition. The interior features modern kitchens with updated cabinetry, stone countertops, and contemporary appliances. The living areas include recessed lighting, updated windows, and high-quality finishes throughout, meeting the criteria for a recent renovation under 5 years old.
Situated in the heart of Capitola Village with the beach as a backyard, this iconic home offers direct ocean access and panoramic bay views from its upper-level deck.
The 1,850 sqft interior features two separate living levels with individual kitchens and a private beach access door, providing excellent potential for multi-generational use or high-yield vacation rentals.
Originally built in 1927, this unique coastal retreat has been recently remodeled, blending its historic 'one-of-a-kind' character with contemporary finishes and amenities.
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 = 1850.
The property carries a substantial association fee of $2,260, which significantly increases the monthly overhead and may impact the net return for investors.
With 126 days on the market and a recent price reduction from the original list price, the property may be facing liquidity challenges or price resistance in the current luxury segment.
Unique, Iconic home in a World-Class Location, in the heart of Capitola Village. The beach is your backyard, the Cool Ocean is your Pool. During the day, lay in the sun, play in the cool Pacific Ocean, enjoy a beach barbecue for lunch, and stroll along the waters edge. At low tide, explore the tide pools on both sides of the small Bay. In the evenings, sit on the upper-level deck and take in the ocean and sunset views with a glass of wine. Then cruise into the Village for dining or visit Shadow Brook Restaurant. Afterward, enjoy a peaceful beach walk under the light of the full moon. How classically cool can this be? You truly need to visit and experience this one-of-a-kind treasurethere is nothing comparable in Santa Cruz County. The home offers approximately 1,850 square feet across two levels, with a locking door separating the spaces. There are 3 bedrooms total - 2 on the upper floor and 1 on the lower level, which features a private beach access door. Each level includes a full kitchen and bathroom. Vacation rental permits are available with application. The property has been recently remodeled. Do yourself a favor and come experience this incredible coastal retreat.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,850 | 1,666.857 |
| Lot Size | 1,350 | 5,196 |
| Price | $4.00M | $1.72M |
| Price per sq ft | $2.2K | $1.2K |
| Built year | 1927 | 1968 |
| HOA | $2260.0 | $0 |
| Days on market | 162 | 35 |
May 28, 2026
$3,995,000
$4,187,650
-5% Price Drop
Initial Listing
Mar 31, 2026
$4,187,650
Initial Listing
Nov 9, 2016
$2,900,000
Public Record