16 Potbelly Beach Road, Aptos, California 95003, Aptos, 95003 - 2 bed, 1 bath

16 Potbelly Beach Road, Aptos, California 95003 home-pic-0
ACTIVE$2,395,000
16 Potbelly Beach Road, Aptos, California 95003
2Beds
1Bath
774Sqft
11,892Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11892, living area = 774.
Top Cons:
Small, Dated Structure: The existing 2-bedroom, 1-bath cabin is only 774 sqft and was built in 1959, suggesting it may require extensive renovation or be considered a tear-down for a modern custom build.

Compared to the nearby listings

Price:$2.40M vs avg $1.50M (+$895,500)81%
Size:774 sqft vs avg 1,935.5 sqft3%
Price/sqft:$3.1K vs avg $80798%

More Insights

Built in 1959 (66 years old).
Condition: Built in 1959, this 65-year-old 'summer cabin' shows no evidence of major renovations in the past 50 years. The interior features extensive, dated wood paneling, and the kitchen and single bathroom are almost certainly original or very old, requiring complete modernization. The listing description itself suggests the property offers an 'opportunity to expand or custom build your year-around dream home,' indicating that the value lies primarily in the prime beachfront land and its redevelopment potential, rather than the existing structure.
Year Built
1959
Close
-
List price
$2.4M
Original List price
$3.45M
Price/Sqft
$3,094
HOA
$2,400
Days on market
-
Sold On
-
MLS number
ML81989206
Home ConditionTear down
Features
Excellent View: Ocean
Deck
ViewOcean

About this home

Owned by the same family for 71 years, this Potbelly Beach property is part of a private and exclusive gated community of 17 beachfront homes situated next to New Brighton State Beach. This is a rare opportunity to purchase a home in what many consider to be the best beachfront location in all of Santa Cruz County. Enjoy ocean living, gorgeous sunsets, sea lions, diving pelicans and dolphins, including views of whales and thousands of sooty shearwater during their annual migrations. The existing cozy three bedroom, one bath summer cabin with open water views from the living room and expansive deck is mere steps to the sand. It provides a great venue for entertaining multiple generations of family and friends, while still giving you an opportunity to expand or custom build your year-around dream home in the future if you so desire. Minutes away from Capitola Village, Aptos and Santa Cruz, this property is also close to Highway 1 and your commute north or south.

Condition Rating
Tear down

Built in 1959, this 65-year-old 'summer cabin' shows no evidence of major renovations in the past 50 years. The interior features extensive, dated wood paneling, and the kitchen and single bathroom are almost certainly original or very old, requiring complete modernization. The listing description itself suggests the property offers an 'opportunity to expand or custom build your year-around dream home,' indicating that the value lies primarily in the prime beachfront land and its redevelopment potential, rather than the existing structure.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11892, living area = 774.
Unrivaled Beachfront Location: Direct access to the sand within a private and exclusive gated community of 17 beachfront homes, situated next to New Brighton State Beach, widely considered the best beachfront location in Santa Cruz County.
Spectacular Ocean Views & Wildlife: Offers panoramic open water views from the living room and expansive deck, providing opportunities to observe diverse marine wildlife including whales, dolphins, sea lions, and pelicans.
Significant Development Potential: Presents a rare opportunity to expand the existing structure or custom-build a new year-round dream home on a highly desirable beachfront lot.
Exclusivity and Privacy: Part of a small, private, and exclusive gated community, ensuring a high degree of privacy and a unique living experience.
Convenient Coastal Access: Located minutes away from popular coastal towns such as Capitola Village, Aptos, and Santa Cruz, with easy access to Highway 1 for broader regional commutes.

Cons

Small, Dated Structure: The existing 2-bedroom, 1-bath cabin is only 774 sqft and was built in 1959, suggesting it may require extensive renovation or be considered a tear-down for a modern custom build.
Substantial Price Reduction: The property has undergone a significant price reduction from an original list price of $3.45M to $2.395M, which may indicate initial overvaluation or market resistance.
Ongoing Association Fees: An association fee of $2400 (likely annual) adds a notable ongoing cost to ownership, particularly for a property primarily valued for its land and location.

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