1500 Wharf Road, Capitola, California 95010, Capitola, 95010 - bed, bath

1500 Wharf Road, Capitola, California 95010 home-pic-0
ACTIVE$3,349,000
1500 Wharf Road, Capitola, California 95010
0Bed
0Bath
1,926Sqft
1,002Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Iconic & Rare Offering: This property is a recognized landmark, one of the most photographed in Santa Cruz County, and is being offered for the first time in fifty years, presenting a unique ownership opportunity.
Top Cons:
High Association Fees: The property carries a substantial association fee of $2150.0, which could impact monthly ownership costs.

Compared to the nearby listings

Price:$3.35M vs avg $2.10M (+$1,249,000)60%
Size:1,926 sqft vs avg 1,926 sqft50%
Price/sqft:$1.7K vs avg $1.3K80%

More Insights

Built in 1930 (95 years old).
Condition: Despite being built in 1930, the listing explicitly states 'Recently updated kitchens, flooring and paint.' The images confirm this, showcasing a modern kitchen with updated appliances, countertops, and cabinetry. The flooring throughout appears new and contemporary, and the interior walls are freshly painted. The overall aesthetic is clean, modern, and move-in ready, indicating extensive recent renovations that align with the 'Excellent' criteria of being extensively renovated within the last 5 years.
Year Built
1930
Close
-
List price
$3.35M
Original List price
$3.75M
Price/Sqft
$1,739
HOA
$2,150
Days on market
-
Sold On
-
MLS number
ML81997037
Home ConditionExcellent
Features
Excellent View:
Deck
View-

About this home

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.

Condition Rating
Excellent

Despite being built in 1930, the listing explicitly states 'Recently updated kitchens, flooring and paint.' The images confirm this, showcasing a modern kitchen with updated appliances, countertops, and cabinetry. The flooring throughout appears new and contemporary, and the interior walls are freshly painted. The overall aesthetic is clean, modern, and move-in ready, indicating extensive recent renovations that align with the 'Excellent' criteria of being extensively renovated within the last 5 years.
Pros & Cons

Pros

Iconic & Rare Offering: This property is a recognized landmark, one of the most photographed in Santa Cruz County, and is being offered for the first time in fifty years, presenting a unique ownership opportunity.
Prime Beachfront Location & Views: An end unit with a private balcony offering unparalleled views of the Capitola Esplanade and Monterey Bay, perfectly situated between the Stockton Bridge and Capitola Wharf.
Exceptional Lifestyle & Amenities Access: Directly steps to the sand, surfing, dining, shopping, and fishing, providing year-round enjoyment of one of California's best beaches.
Strong Vacation Rental Income Potential: The property allows vacation rentals with a City permit, offering significant income-generating possibilities.
Recent Interior Updates & Unique Architectural Charm: Features recently updated kitchens, flooring, and paint, within the distinct and globally recognized European-inspired Venetian Court.

Cons

High Association Fees: The property carries a substantial association fee of $2150.0, which could impact monthly ownership costs.
Significant Price Reductions: The list price has seen multiple reductions from $3.749M to $3.349M, potentially indicating market resistance or initial overpricing.
Limited Lot Size: With a lot size of only 1002 sqft for a duplex, outdoor private space is minimal, which may not appeal to all buyers.

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