
Santa Cruz, California 95062
This Beachfront Condominium represents a Prime Investment Opportunity, listed at $1,650,000—positioned well below the $1,687,537 Fair Market Value by 2%. This valuation gap provides $37,537 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit is move-in ready with a remodeled interior and panoramic ocean views from a private balcony. This rare, sand-adjacent asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premier coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22130 E Cliff Drive 2d Subject | $1,650,000* List Price | 2 | 2 | 1,226 | $1,376 | - |
A 22130 E Cliff Drive 2a Sold | $1,825,000 | 2 | 2 | 1,226 | $1,489 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1974, the property has been thoughtfully remodeled and features brand new carpet. The kitchen and bathrooms show updates such as granite countertops and modern fixtures that appear to be within the 5-15 year age range, making the unit fully functional and move-in ready.
Situated directly on the sand at Corcoran Lagoon Beach, this rare location offers immediate access to the shoreline and world-class surf breaks.
As a coveted corner unit, the property features a private balcony with sweeping, panoramic views of the Pacific Ocean and beach.
The home has been thoughtfully updated with modern finishes and brand-new carpeting, providing a move-in-ready experience for buyers.
The $750 monthly association fee represents a significant recurring cost that buyers must factor into their monthly carrying expenses.
Originally constructed in 1974, the complex may require ongoing maintenance or future capital improvements typical of 50-year-old coastal structures.
Wake up to the sound of the waves in this second-floor corner residence at Corcoran Lagoon Beach, one of the few complexes in Santa Cruz located directly on the sand. Thoughtfully remodeled and with brand new carpet, this single-level 2-bedroom, 2-bath home offers effortless beachfront living with sweeping, unobstructed ocean and beach views from its private balcony. Sunny Cove Beach and the renowned surf breaks of 26th Avenue are just steps away, putting the best of the Santa Cruz coastline right outside your door. Designed for both comfort and convenience, the building offers elevator access, a dedicated storage unit, and covered carport parking making this an exceptional option for year-round coastal living as well as an easy lock-and-leave retreat. Whether envisioned as a primary residence, second home, or beachfront investment, this coveted corner unit presents a rare opportunity to own directly on the sand along one of Santa Cruzs most desirable stretches of coastline.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,226 | 1,034.615 |
| Lot Size | - | 837.846 |
| Price | $1.65M | $695.1K |
| Price per sq ft | $1.3K | $710 |
| Built year | 1974 | 1981 |
| HOA | $750.0 | $547 |
| Days on market | 12 | 72 |
Aug 28, 2026
$1,650,000
Initial Listing
Apr 28, 2015
$1,762,000
Public Record