1545 Hidden Terrace Court, Santa Cruz, California 95062, Santa Cruz, 95062 - 2 bed, 2 bath
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Santa Cruz, California 95062
This Versatile Coastal Townhouse is a High-Potential Investment Opportunity, listed at $849,000—positioned well below the $878,498 Fair Market Value by 3%. This valuation gap offers $29,498 in Instant Equity for buyers. Currently holding a Fair Condition Rating, the interior features vaulted ceilings, skylights, and a flexible loft suitable for a third bedroom. Located minutes from Twin Lakes Beach and Harbor High School, the property balances a prime coastal lifestyle with clear value-add potential through cosmetic updates. It is an ideal match for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1545 Hidden Terrace Court Subject | $824,000* List Price | 2 | 2 | 1,250 | $659 | - |
A 1165 Whitewater 1165 Sold | $735,000 | 2 | 1 | 987 | $745 | 0.1 mi |
B 2335 17th Avenue Sold | $815,000 | 3 | 3 | 1,410 | $578 | 0.5 mi |
C 2958 Leotar Circle Sold | $805,000 | 2 | 3 | 1,320 | $610 | 0.7 mi |
D 1526 Brazil Lane Sold | $750,000 | 2 | 1 | 896 | $837 | 0.5 mi |
E 1412 7th Avenue 7 Active | $739,000 List Price | 3 | 2 | 1,424 | $519 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property is well-maintained but clearly dated. While it features some partial updates like hardwood flooring and stone countertops, the kitchen retains older white appliances and oak cabinetry, and the bathrooms show original 4x4 tile work and older fixtures. It meets the 'Fair' criteria as it is over 20 years old and requires cosmetic updates to the kitchen and baths to meet modern standards.
The property is ideally situated in a quiet complex with easy access to Highway 1 and is just a short bike ride away from popular destinations like Twin Lakes and Crows Nest beaches.
The inclusion of a loft provides excellent flexibility, allowing the home to function as a three-bedroom residence or provide a dedicated home office space to suit modern lifestyle needs.
Vaulted ceilings and skylights create a bright and airy ambiance, while premium features like cedar-lined closets and hardwood flooring add a touch of luxury and warmth.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1250, other record living area = 1149.
The monthly association fee of $565 represents a significant recurring carrying cost that may impact the overall affordability for some buyers.
With only one dedicated garage parking space that also serves as the laundry area, residents may face challenges with vehicle storage and utility convenience.
Discover coastal living with this split level Santa Cruz Home! The primary bedroom and bath on the first level with access to the custom flagstone back patio. Step up the artistically designed staircase to meet your kitchen, living room, and second bedroom and bathroom. Continue up a floating staircase to the loft.The property is located in a quiet complex off Capitola Rd, just minutes to Highway 1 and a short bike ride to Twin Lakes beaches, Live Oak Farmers Market, Santa Cruz Small Craft Harbor, and the Crows Nest! The kitchen is equipped with a new dishwasher, custom granite countertops, cabinets, and sink - making meal preparation and clean-up a breeze. The home's interior features engineered hardwood flooring in living areas, tile in the kitchen and bathrooms, and carpet in the loft. The home even has beautiful cedar wood closets! Cozy up by the fireplace to warm up on cool coastal nights or set the thermostat on the new furnace and air purification system. Additional amenities include skylights and vaulted ceilings that enhance the home's airy and bright atmosphere. In the garage are the laundry facilities, including a washer and dryer, and also provides one parking space. Embrace the unique ambiance and amenities that make this Santa Cruz home a rarity!
No exterior & parking available.
Grades 6-8 • 1.3 mi
Grades 6-8 • 2.7 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,250 | 1,176 | 67% |
| Lot Size | 1,002 | 762 | 58% |
| Price | $824.0K | $852.5K | 42% |
| Price per sq ft | $659 | $766 | 25% |
| Built year | 1985 | 1985 | 50% |
| HOA | $565.0 | $560 | 50% |
| Days on market | 96 | 90 | 67% |
May 2, 2026
$824,000
$849,000
-3% Price Drop
Initial Listing
Mar 10, 2026
$849,000
Initial Listing
Dec 17, 1999
$235,000
Public Record
Aug 14, 1995
$149,500
Public Record