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227 Kingsbury Drive, Aptos, California 95003, Aptos, 95003 - 2 bed, 2 bath

227 Kingsbury Drive, Aptos, California 95003 home-pic-0
ACTIVE$850,000$1,007/sqft
Est. Value: $730,322
-14%
AboveEstimate
227 Kingsbury Drive, Aptos, California 95003
2Beds
2Baths
1,007Sqft
5,271Lot

Price Vs. Estimate

The estimated value ($730,322.475) is $119,677.525 (14%) lower than the list price ($850,000). This property may be overpriced.

Key pros and cons

Top Pros:
Premier Coastal Location: Situated in the highly desirable Rio Del Mar neighborhood, offering proximity to the beach, Seascape Golf Course, and Deer Park Shopping Center, enhancing lifestyle and property value.
Top Cons:
Age and Need for Modernization: Built in 1939, the home likely requires substantial updates and renovations to meet contemporary living standards and preferences, which may involve significant investment.

Compared to the nearby listings

Price:$850.0K vs avg $1.49M ($-640,000)8%
Size:1,007 sqft vs avg 1,953 sqft8%
Price/sqft:$844 vs avg $78854%

More Insights

Built in 1939 (87 years old).
Condition: Built in 1939, this property requires substantial rehabilitation to meet modern standards. The kitchen features very dated light cabinetry, tile countertops, and older white appliances, necessitating a full renovation. Bathrooms are similarly outdated with old fixtures, vanities, and tile work. While hardwood floors are present, the lack of central HVAC and the overall age of major systems indicate a need for significant investment beyond minor updates.
Year Built
1939
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$844
HOA
-
Days on market
-
Sold On
-
MLS number
ML82031493
Home ConditionPoor
Features
Patio
View-

About this home

Set in the highly desirable Rio Del Mar neighborhood of Aptos, this classic 1939 beach bungalow presents a rare opportunity to create a custom coastal retreat in one of Santa Cruz County's most sought-after locations. Ideally positioned near the beach, Seascape Golf Course, and Deer Park Shopping Center, the property combines timeless character with exceptional potential for future enhancement. The home offers a flexible single-level layout with two bedrooms, one and a half bathrooms, and an additional sunroom that expands the living space. The living room features vaulted ceilings, hardwood floors, and a brick fireplace, creating a warm and inviting atmosphere. The kitchen includes light cabinetry, tile countertops, recessed lighting, and built-in shelving, while the former garage has been thoughtfully converted to a dining area, adding versatility to the floor plan. Situated on an expansive lot, the sun-filled yard provides ample space for outdoor entertaining, expansion, or reimagining the property to suit modern coastal living. Whether preserving its original charm, updating the interiors, or exploring future possibilities, this property offers a compelling opportunity to invest in a premier beachside community with enduring appeal.

J
Joseph Muzzio
Listing Agent

Price History

Date
Event
Price
03/30/23
Sold
$740,000
Condition Rating
Poor
Built in 1939, this property requires substantial rehabilitation to meet modern standards. The kitchen features very dated light cabinetry, tile countertops, and older white appliances, necessitating a full renovation. Bathrooms are similarly outdated with old fixtures, vanities, and tile work. While hardwood floors are present, the lack of central HVAC and the overall age of major systems indicate a need for significant investment beyond minor updates.
Pros & Cons

Pros

Premier Coastal Location: Situated in the highly desirable Rio Del Mar neighborhood, offering proximity to the beach, Seascape Golf Course, and Deer Park Shopping Center, enhancing lifestyle and property value.
Significant Expansion Potential: An expansive 5271 sqft lot provides ample space for outdoor entertaining, potential home expansion, or complete reimagining to suit modern coastal living.
Timeless Character & Charm: A classic 1939 beach bungalow featuring vaulted ceilings, hardwood floors, and a brick fireplace, offering unique architectural character and a warm, inviting atmosphere.
Flexible Single-Level Layout: The property boasts a functional single-level layout, enhanced by an additional sunroom that expands the usable living space, catering to various living needs.
Strong Investment Opportunity: Located in a sought-after beachside community with enduring appeal, this property represents a compelling opportunity for long-term investment and value appreciation.

Cons

Age and Need for Modernization: Built in 1939, the home likely requires substantial updates and renovations to meet contemporary living standards and preferences, which may involve significant investment.
Limited Bathroom Count: With only one and a half bathrooms, the property may not accommodate the needs of all buyers, particularly those seeking more modern amenities or considering future expansion.
Lack of Dedicated Garage: The former garage has been converted into a dining area, eliminating dedicated covered parking or storage space, which could be a significant drawback for many buyers.
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