1703 East Cliff Drive, Santa Cruz, California 95062, Santa Cruz, 95062 - 7 bed, 5 bath
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1703 East Cliff Drive
Santa Cruz, California 95062
ACTIVE
CONDITION: GOOD
7Beds
5Baths
4,754Sq Ft
7,057Lot Size
Property Price
LIST PRICE$6,685,000
SUMMARY
Analysis of 1703 East Cliff Drive, Santa Cruz, California 95062 is currently available with a list price of $6,685,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Cruz Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1935, the property shows evidence of significant updates. Interior photos reveal a recent cosmetic refresh with modern grey paint, updated white baseboards/trim, newer carpeting, and contemporary light fixtures. The windows appear to be updated vinyl replacements. Although the structure is nearly 90 years old, the well-maintained exterior and renovated interior units suggest it is move-in ready and functional, fitting the 5-15 year renovation criteria for a 'Good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Oceanfront Location
Situated on the 'front row' directly overlooking Seabright State Beach, this property offers rare and immediate access to one of Santa Cruz's most iconic coastal spots.
- Multi-Unit Income Potential
As a 4-unit apartment building, the property provides a unique opportunity for owner-occupancy with significant rental income or a high-yield investment in a premium market.
- Unrivaled Coastal Vistas
The property boasts magnificent, unobstructed views of Monterey Bay, including sunrise and sunset perspectives that are highly coveted in the Lower Seabright area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
- Vintage Construction
Originally built in 1935, the structure may require substantial ongoing maintenance or modernization to address the wear and tear typical of a century-old coastal property.
- Significant Price Appreciation
The current list price reflects a substantial increase from its 2023 sale price of $2.669M, which may present a challenge for appraisal or value justification without documented extensive renovations.
About 1703 East Cliff Drive
Live in one and rent the others. What a way to own on the front row! Spectacular Front Row 4-unit Apartment Building directly overlooking Seabright State Beach aka "Castle Beach." This property is unique along our coast. Magnificent vistas across Monterey Bay from sunrise to sunset. Beach views, ocean views, and sunrise & sunset views! Located in lovely Lower Seabright positioned between the Yacht Harbor and the Beach Boardwalk. This is paradise!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 7,057 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 5 (5 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 | 7.0 | 3.0 |
| Baths | 5.0 | 2.3 |
| Square foot | 4,754 | 1,697.986 |
| Lot Size | 7,057 | 6,864.608 |
| Price | $6.68M | $1.63M |
| Price per sq ft | $1.4K | $940 |
| Built year | 1935 | 1973 |
| HOA | $0 | $352 |
| Days on market | 15 | 38 |
Pricing History
Listed for Sale
Aug 25, 2026
$6,685,000
Initial Listing
Sold
Sep 15, 2023
$2,669,000
Public Record