1780 48th Avenue, Capitola, California 95010, Capitola, 95010 - 2 bed, 1 bath
Loading property details...
1780 48th Avenue
Capitola, California 95010
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
1,000Sq Ft
3,746Lot Size
Property Price
LIST PRICE$1,447,000
EST. MARKET VALUE
$1,497,000
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $1,447,000—positioned well below the $1,497,000 Fair Market Value by 3%. This valuation gap offers $50,000 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a modern kitchen and new HVAC, the home offers a seamless coastal lifestyle near Capitola Village. With an oversized backyard and neighborhood views, this property is an ideal acquisition for first-time buyers or downsizers seeking a polished, move-in-ready home.
Estimated Market Value
$1,497,000+$50,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Capitola.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1780 48th Avenue Subject | $1,447,000* List Price | 2 | 1 | 1,000 | $1,497 | - |
A 604 Oak Drive Sold | $1,650,000 | 2 | 1 | 1,031 | $1,600 | 0.2 mi |
B 609 Oak Drive Sold | $1,385,000 | 2 | 1 | 900 | $1,539 | 0.2 mi |
C 1435 47th Avenue Sold | $1,650,000 | 3 | 2 | 1,000 | $1,650 | 0.3 mi |
D 4755 Topaz Street Sold | $1,300,000 | 1 | 1 | 816 | $1,593 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1950, the property has undergone a comprehensive modern remodel within the last 5 years. The kitchen features new shaker cabinets, stone countertops, and stainless steel appliances. The bathroom is fully updated with modern tiling and fixtures. A new mini-split HVAC system is visible, and the home is in mint, turnkey condition.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Remodel
The home has been beautifully updated with modern finishes and an open layout, offering a move-in-ready experience that appeals to buyers seeking style and convenience.
- Prime Coastal Location
Ideally situated near Capitola Village and local beaches, this property provides exceptional access to premier dining, shopping, and the quintessential California coastal lifestyle.
- Expansive Outdoor Space
The property features an oversized backyard that is rare for the area, providing a versatile outdoor retreat for entertaining, gardening, or potential future expansion.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1000, other record living area = 830.
- Limited Living Space
With only two bedrooms and a single bathroom across 1,000 square feet, the home's compact footprint may be a constraint for growing families or those needing a home office.
- High Price per Square Foot
The property commands a premium price point relative to its size, and the recent price reduction combined with 53 days on market suggests the initial valuation was aggressive for the current inventory.
About 1780 48th Avenue
Welcome to 1780 48th Avenue, a beautifully remodeled Capitola gem offering the perfect blend of comfort, style, and convenience. This charming 2-bedroom, 1-bath home features approximately 1,000 square feet of thoughtfully updated living space, creating a move-in-ready opportunity in one of the area's most desirable locations. The bright and inviting interior showcases modern finishes, an open and functional layout, and a seamless flow for everyday living. Step outside to an expansive backyard with exceptional space for entertaining, gardening, pets, play, or future possibilities. Whether you're hosting friends, enjoying a quiet evening outdoors, or soaking up the coastal sunshine, this oversized outdoor retreat is a rare find. Ideally situated near Capitola Village, beaches, shopping, dining, parks, and commuter routes, this home offers the best of coastal living with everyday convenience. A wonderful opportunity for first-time buyers, downsizers, investors, or anyone seeking a turnkey home in a prime Capitola location. Remodeled. Spacious. Ideally Located. Welcome home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 3,746 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 2.7 |
| Baths | 1.0 | 2.4 |
| Square foot | 1,000 | 1,666.857 |
| Lot Size | 3,746 | 5,196 |
| Price | $1.45M | $1.72M |
| Price per sq ft | $1.4K | $1.2K |
| Built year | 1950 | 1968 |
| HOA | $0 | $0 |
| Days on market | 78 | 35 |
Pricing History
Listed for Sale
Aug 8, 2026
$1,447,000
$1,497,000
-3% Price Drop
Initial Listing
Price Change
Jun 23, 2026
$1,497,000
Initial Listing
Sold
Aug 30, 2019
$319,500
Public Record
Sold
Aug 30, 2019
$799,000
Public Record
Sold
Apr 3, 2018
$799,000
Public Record
Sold
Apr 28, 2003
$420,000
Public Record