
Santa Cruz, California 95060
This Pasatiempo Estate represents a High-Potential Investment Opportunity, listed at $3,995,000—positioned well below the $3,429,180 Fair Market Value by 16%. While the property features a Condition Rating of 4, its expansive 4,677 sqft layout, Panoramic Monterey Bay Views, and Private Pool offer significant upside for modernization. Located near Top-Rated Schools like Brook Knoll Elementary, this residence provides a rare blend of luxury and value. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a premier Santa Cruz lifestyle.
Property is moderate renovation needed.
Built in 1990, the property is clean and well-maintained but structurally dated. While the kitchen has seen some cosmetic updates, the bathrooms retain original 1990s features including oak cabinetry, square tile countertops, and brass fixtures that require updating.
Situated in the prestigious Pasatiempo community, the property offers breathtaking views of Monterey Bay and the world-renowned Alister MacKenzie-designed golf course.
The residence features two primary suites, including a main-level option, plus a detached guest area and poolside bonus room, providing exceptional versatility for guests or multi-generational living.
The expansive 17,380 sqft lot includes a pool with stone decking, mature fruit trees, and rose gardens, creating a private resort-like atmosphere perfect for entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4677, other record living area = 4064. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With 96 days on the market and a significant price reduction of over $500,000, the property may face challenges regarding perceived value or market positioning.
Built in 1990, the home may require aesthetic or functional updates to its 4,677 square feet to align with contemporary luxury standards and buyer expectations.
Discover an extraordinary setting in Pasatiempo, where privacy, Monterey Bay views and the iconic Alister MacKenzie-designed golf course create a truly special backdrop. Tucked at the end of a quiet lane, this distinctive residence offers two primary suites, including one on the main level, plus a dedicated office. The island kitchen with butlers pantry opens to dining areas overlooking the gardens and pool. Expansive windows, soaring ceilings and French doors fill the home with natural light. Designed for entertaining, the spacious entertainment room features a wet bar, fireplace and sweeping views across the golf course to Monterey Bayan inviting setting for gatherings or relaxing at days end. A gracious living room with fireplace and formal dining room provide additional spaces for entertaining. Outdoors, enjoy a pool with stone decking, rose gardens, mature fruit trees, stone courtyards and patios. A detached guest area and poolside bonus/game room with full bath add exceptional flexibility for guests, recreation or a private retreat. Enjoy the beauty and serenity of one of Santa Cruz Countys most treasured communities, moments from golf, the coast!
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades PK-5 • 1.7 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.3 |
| Square foot | 4,677 | 1,697.986 |
| Lot Size | 17,380 | 6,864.608 |
| Price | $4.00M | $1.63M |
| Price per sq ft | $854 | $940 |
| Built year | 1990 | 1973 |
| HOA | $400.0 | $352 |
| Days on market | 98 | 38 |
Sep 1, 2026
$3,995,000
$4,498,000
-11% Price Drop
Initial Listing
Jun 3, 2026
$4,498,000
Initial Listing