22130 E Cliff Drive 3d, Santa Cruz, California 95062, Santa Cruz, 95062 - 2 bed, 2 bath
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Santa Cruz, California 95062
This Oceanfront Condominium is a Prime Investment Opportunity listed at $1,500,000—positioned well below the $1,538,271 Fair Market Value by 2%. This valuation gap offers $38,271 in Instant Equity. Boasting a Condition Rating of 4, the residence features a refreshed kitchen and panoramic ocean views, with additional room for cosmetic updates to maximize value. Its unique historical pedigree and private beach access distinguish it as a rare coastal asset. This property is perfectly suited for Lifestyle-Driven Investors or Owner-Occupants seeking a storied beachside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22130 E Cliff Drive 3d Subject | $1,500,000* List Price | 2 | 2 | 1,226 | $1,255 | - |
A 22130 E Cliff Drive 2d Active | $1,695,000 List Price | 2 | 2 | 1,226 | $1,383 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and features a refreshed kitchen with modern stainless steel appliances and an updated primary bathroom. However, it retains many original 1974 elements that show their age, including dated carpeting in the bedrooms, older wood trim, and vintage closet doors. While move-in ready, the unit requires further cosmetic updates to meet modern standards.
Situated directly on the sand with a private gate for beach access, this unit offers rare, unobstructed panoramic ocean and sunset views from the living area and private balcony.
The property features a refreshed kitchen and primary bathroom, providing updated functionality in the home's most essential spaces while maintaining a bright, open-concept layout.
Formerly owned by renowned satirist and musician Tom Lehrer, the property carries a unique local legacy and storied charm that distinguishes it from standard coastal condominiums.
While key areas are refreshed, the unit requires further cosmetic investment to reach its full modern potential, as the remaining spaces likely reflect its 1974 vintage.
The monthly association fee of $750 is a significant recurring expense that may impact the overall affordability and investment yield for potential buyers.
22130 E Cliff Dr Unit D Oceanfront living on the sand with views that never get old. Perched on the 3rd floor of a rare East Cliff Drive complex, this bright and open condo delivers panoramic ocean and beach views right from your living space just steps from the waters edge, a private gate to the sand from this complex makes this extra special. Inside, enjoy a refreshed kitchen and primary bath, with an open-plan layout that invites the light in and lets you savor sunsets from your private balcony. With two bedrooms and two baths, the space feels generous and ready for everyday coastal living yet theres still room for someone to add their personal touch to make this unit sparkle and make it truly their own. This special condo carries a bit of local lore too: it was owned by the great satirist and musician Tom Lehrer, in fact shadows where his sheet music once hung still linger on the wall, making it as storied as its setting. Live where others vacation, listen to the waves, watch surfers and sunsets, and step onto the sand whenever you like.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,226 | 1,087 | 67% |
| Lot Size | 1,176 | 784 | 78% |
| Price | $1.50M | $835.0K | 78% |
| Price per sq ft | $1.2K | $850 | 67% |
| Built year | 1974 | 1974 | 50% |
| HOA | $750.0 | $750 | 50% |
| Days on market | 55 | 147 | 22% |
Feb 26, 2026
$1,500,000
Initial Listing