1703 East Cliff Drive, Santa Cruz, California 95062, Santa Cruz, 95062 - bed, bath
ACTIVE$8,500,000
1703 East Cliff Drive, Santa Cruz, California 95062
0Bed
0Bath
4,754Sqft
7,057Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Oceanfront Location: The property boasts a prime oceanfront location overlooking Monterey Bay, offering unparalleled access and prestige.
Top Cons:
High Price Point: The list price of $8.5 million represents a significant investment, potentially limiting the pool of prospective buyers.
Compared to the nearby listings
Price:$8.50M vs avg $2.06M (+$6,445,000)75%
Size:4,754 sqft vs avg 2,866 sqft75%
Price/sqft:$1.8K vs avg $1.1K75%
More Insights
Built in 1935 (90 years old).
Condition: The property was built in 1935, making it 89 years old. There are no interior images provided, and the listing description lacks any information about recent renovations. The AI analysis explicitly notes the 'Age of Property (1935)' and 'Limited Interior Details' as weaknesses, suggesting dated interiors and a need for significant upgrades. Without evidence of major renovations, it is highly probable that the kitchens, bathrooms, and major systems (electrical, plumbing, HVAC) are severely outdated and require substantial rehabilitation and replacement to meet modern standards and comfort. While the exterior appears maintained and the location is prime, the interior condition likely necessitates extensive work.
Year Built
1935
Close
-
List price
$8.5M
Original List price
$8.5M
Price/Sqft
$1,788
HOA
-
Days on market
-
Sold On
-
MLS number
ML82007169
Home ConditionPoor
Features
Excellent View: Ocean
Deck
Patio
ViewOcean
About this home
Iconic multiple residential 4 unit property with a prime oceanfront location overlooking Monterey Bay. An unobstructed 180 degree view.Located on the bluff above Seabright Beach, also known to some as "Fresno Beach" No worries or need for "Rip Rap" to protect the shoreline, bluff or slope with this property as it set Back far enough from high tides and wave action. There is a stairway nearby leading to the beach, where you can go for early morning or evening walks or a day on the sand. Enjoy the beautiful Santa Cruz sunrises and sunsets. A perfect coastal retreat, family and/or friend compound. A solid investment now and for the future.
Condition Rating
Poor
The property was built in 1935, making it 89 years old. There are no interior images provided, and the listing description lacks any information about recent renovations. The AI analysis explicitly notes the 'Age of Property (1935)' and 'Limited Interior Details' as weaknesses, suggesting dated interiors and a need for significant upgrades. Without evidence of major renovations, it is highly probable that the kitchens, bathrooms, and major systems (electrical, plumbing, HVAC) are severely outdated and require substantial rehabilitation and replacement to meet modern standards and comfort. While the exterior appears maintained and the location is prime, the interior condition likely necessitates extensive work.
Pros & Cons
Pros
Prime Oceanfront Location: The property boasts a prime oceanfront location overlooking Monterey Bay, offering unparalleled access and prestige.
Unobstructed Panoramic Views: Enjoy unobstructed 180-degree views of the ocean, sunrises, and sunsets, a highly desirable and valuable amenity.
Income-Generating Quadruplex: As a four-unit residential income property, it offers significant investment potential and multiple streams of rental income.
Bluff Stability & Beach Access: Positioned safely back from high tides and wave action, eliminating concerns about erosion, with a nearby stairway providing direct beach access.
Versatile Use & Investment Potential: Ideal as a coastal retreat, family compound, or a solid long-term investment due to its unique characteristics and location.
Cons
High Price Point: The list price of $8.5 million represents a significant investment, potentially limiting the pool of prospective buyers.
Age of Property (1935): Built in 1935, the property may require substantial capital expenditure for updates to infrastructure (plumbing, electrical, HVAC) and modernization to meet contemporary standards.
Limited Interior Details: The description lacks specific information regarding the interior condition, finishes, or recent renovations of the four units, which could imply dated interiors or a need for significant upgrades.