
Capitola, California 95010
This Iconic Coastal Retreat is a Strong Value Opportunity, listed at $3,995,000—positioned well below the $4,001,039 Fair Market Value by 0.15%. This valuation gap offers $6,039 in Instant Equity. Featuring a recently remodeled interior and a flexible dual-level layout with private beach access, the property maintains a Mint Condition Rating. Its prime location in Capitola Village provides unmatched ocean views and lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premier, move-in-ready coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1500 Wharf Road 22 Subject | $3,995,000* List Price | 3 | 2 | 1,850 | $2,163 | - |
A 1500 Wharf Road 12 Active | $2,999,000 List Price | 5 | 3 | 1,926 | $1,557 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1927, the property has undergone a high-end, comprehensive recent remodel. The interior features a modern chef's kitchen with premium built-in appliances, updated flooring, recessed lighting, and contemporary fixtures throughout. The finishes appear to be less than 5 years old and in mint condition, requiring no immediate maintenance.
Situated in the heart of Capitola Village with the beach as a backyard, this iconic property offers rare, direct ocean access and world-class views of the Pacific and local tide pools.
The 1,850 sqft interior is intelligently divided into two separate living spaces, each with its own kitchen and bathroom, providing excellent potential for multi-generational use or high-end vacation rentals.
Despite its historic 1927 origins, the home has been recently remodeled, blending classic coastal charm with modern finishes and move-in-ready convenience.
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 monthly association fee of $2,260, which significantly increases the ongoing cost of ownership compared to other residential options.
With a lot size of only 1,350 square feet, the property offers very little private land or yard space, which may be a drawback for buyers seeking more outdoor privacy or expansion potential.
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 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,850 | 1,556.5 |
| Lot Size | 1,350 | 6,120 |
| Price | $4.00M | $1.70M |
| Price per sq ft | $2.2K | $1.3K |
| Built year | 1927 | 1969 |
| HOA | $2260.0 | $0 |
| Days on market | 114 | 32 |
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