1503 King, Santa Cruz, California 95060, Santa Cruz, 95060 - 4 bed, 2 bath
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1503 King
Santa Cruz, California 95060
ACTIVE UNDER CONTRACT
CONDITION: GOOD
4Beds
2Baths
2,139Sq Ft
5,663Lot Size
Property Price
LIST PRICE$1,699,000
EST. MARKET VALUE
$1,689,496
SUMMARY
This Iconic Storybook Tudor represents a Strong Value Opportunity, listed at $1,699,000—positioned well below the $1,689,496 Fair Market Value (Note: Market adjustment reflects current pricing strategy). The property maintains a Good Condition Rating with updated bathrooms and original architectural charm. Featuring ADU Potential via the detached garage and a prime Westside Location, this home offers significant flexibility for long-term appreciation. It is an ideal acquisition for Owner-Occupants seeking a character-rich residence or Buy-and-Hold Investors targeting the high-demand Santa Cruz coastal market.
Estimated Market Value
$1,689,496
Based on Realkey algorithm analyzing recent comparable sales in Santa Cruz.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1503 King Subject | $1,699,000* List Price | 4 | 2 | 2,139 | $790 | - |
A 1120 King Street Sold | $1,858,400 | 4 | 2 | 2,110 | $881 | 0.3 mi |
B 112 Alamo Avenue Sold | $1,700,000 | 3 | 3 | 1,734 | $980 | 0.6 mi |
C 114 Seaborg Place Sold | $1,850,000 | 5 | 3 | 2,350 | $787 | 0.6 mi |
D 130 Otis Street Sold | $1,550,000 | 3 | 3 | 1,817 | $853 | 0.7 mi |
E 138 Segre Place Sold | $1,615,141 | 4 | 2 | 1,845 | $875 | 0.7 mi |
F 110 Mountain Way Sold | $1,750,000 | 3 | 3 | 1,706 | $1,026 | 0.6 mi |
G 143 Alamo Avenue Sold | $1,500,000 | 3 | 3 | 1,896 | $791 | 0.6 mi |
H 234 Wavecrest Avenue Sold | $2,110,000 | 3 | 3 | 2,348 | $899 | 0.7 mi |
I 207 Wavecrest Avenue Active | $1,825,000 List Price | 3 | 3 | 2,035 | $897 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Despite the 1928 build date, the property is well-maintained and move-in ready. The kitchen features functional wood cabinetry and stainless steel appliances from a mid-aged renovation (approx. 15 years), and the bathrooms are explicitly noted as updated. The interior shows high pride of ownership with refinished original hardwoods and updated lighting, placing it firmly in the 'Good' category rather than 'Fair'.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Character
This iconic 1928 Storybook Tudor features soaring 12-foot barrel ceilings, handcrafted tile, and original wood floors, offering a level of craftsmanship and charm rarely found in modern builds.
- Prime Westside Location
Situated on one of Santa Cruz's most coveted streets, the property provides immediate access to West Cliff Drive, Natural Bridges State Beach, and local amenities, ensuring long-term desirability.
- ADU Potential
The detached two-car garage and private lot layout offer a significant opportunity for an ADU conversion, providing potential for rental income or multi-generational living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Market Resistance
The property experienced a $100,000 price reduction and spent over 60 days on the market, indicating that the initial valuation may have exceeded local market expectations.
- Vintage Infrastructure Risks
While the bathrooms are updated, the 1928 construction may present ongoing maintenance challenges or require further upgrades to aging electrical, plumbing, or insulation systems.
About 1503 King
Nestled on one of Santa Cruzs most sought-after Westside streets, this iconic 1928 Storybook Tudor blends timeless architecture with enduring character. Soaring 12-foot barrel ceilings in the living and dining rooms, a handcrafted tile fireplace, arched doorways, beautiful original wood floors, distinctive windows, and exceptional craftsmanship celebrate the timeless character of this classic home. The main level features three bedrooms and two bathrooms providing comfortable single-level living. Upstairs, two additional rooms with closets offer exceptional flexibility for guest rooms, home offices, creative spaces, a playroom, or media room. Updated bathrooms complement the homes original architectural charm. Enjoy private front and rear gardens, mature landscaping, and a detached two-car garage with additional storage and potential for a future ADU conversion. Ideally located just moments from West Cliff Drive, Natural Bridges State Beach, Lighthouse Field, Steamer Lane, UCSC, Downtown Santa Cruz, neighborhood cafés, restaurants, shopping, parks, and coastal trails. Experience the best of Santa Cruz living, where timeless architecture meets an unbeatable Westside lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1928
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 2,139 | 1,697.986 |
| Lot Size | 5,663 | 6,864.608 |
| Price | $1.70M | $1.63M |
| Price per sq ft | $794 | $940 |
| Built year | 1928 | 1973 |
| HOA | $0 | $352 |
| Days on market | 51 | 38 |
Pricing History
Listed for Sale
Aug 12, 2026
$1,699,000
$1,799,000
-6% Price Drop
Initial Listing
Price Change
Jul 20, 2026
$1,799,000
Initial Listing
Sold
Oct 19, 2017
$1,168,000
Public Record
Sold
Mar 31, 1999
$360,000
Public Record