229 16th, Santa Cruz, California 95062, Santa Cruz, 95062 - 4 bed, 2 bath
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229 16th
Santa Cruz, California 95062
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,884Sq Ft
8,973Lot Size
Property Price
LIST PRICE$2,395,000
EST. MARKET VALUE
$2,122,311
12% AboveMARKET VALUE
SUMMARY
This Turnkey Coastal Residence is a Strong Value Opportunity, listed at $2,395,000—positioned well above the $2,122,312 Fair Market Value. While currently priced for the premium Santa Maria Cliffs market, the property features an Excellent Condition Rating with recent renovations, including a Remodeled Kitchen and Hardwood Floors. With a Large 8,973 sqft Lot and ADU Potential above the garage, this home offers significant lifestyle flexibility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready sanctuary near Sunny Cove Beach.
Estimated Market Value
$2,122,311
Based on Realkey algorithm analyzing recent comparable sales in Santa Cruz.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 229 16th Subject 4 bd · 2 ba · 1,884 sqft · $1,126 | $2,395,000* List Price | 4 | 2 | 1,884 | $1,126 | - |
A 542 Blackjack Lane Sold 3 bd · 2 ba · 1,684 sqft · $1,069 · 0.3 mi | $1,800,000 | 3 | 2 | 1,684 | $1,069 | 0.3 mi |
B 910 Corcoran Avenue Sold 3 bd · 2 ba · 1,512 sqft · $1,141 · 0.6 mi | $1,725,000 | 3 | 2 | 1,512 | $1,141 | 0.6 mi |
C 345 15th Avenue Sold 3 bd · 3 ba · 2,404 sqft · $1,061 · 0.1 mi | $2,550,000 | 3 | 3 | 2,404 | $1,061 | 0.1 mi |
D 325 25th Active 3 bd · 2 ba · 2,012 sqft · $1,342 · 0.6 mi | $2,700,000 List Price | 3 | 2 | 2,012 | $1,342 | 0.6 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 1959, the property has undergone extensive recent renovations within the last 5 years. The kitchen features modern flat-panel cabinetry and stone countertops, the main bathroom has been expanded and updated, and the home features newer hardwood flooring and fresh exterior paint. The overall condition is mint and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8973, living area = 1884.
- Prime Coastal Location
Situated in the highly sought-after Santa Maria Cliffs neighborhood, the home is steps from Sunny Cove Beach and walking distance to the Santa Cruz Harbor, dining, and local markets.
- Versatile Layout & ADU Potential
The property features a flexible bonus room above the garage and existing plans for a primary suite or ADU, offering excellent multigenerational or rental income opportunities.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Main Floor Bath Ratio
The main living level contains three bedrooms but only one shared bathroom, which may be a functional drawback for larger families or guests.
- Extended Days on Market
With 56 days on market and a recent $105,000 price reduction, the property may be facing resistance at its current valuation relative to local market trends.
About 229 16th
Ideally situated in the highly sought-after Santa Maria Cliffs neighborhood, this beautifully updated home offers an exceptional coastal lifestyle just steps from Sunny Cove Beach. Leave the car behind and enjoy the convenience of walking or biking to the beach, the Santa Cruz Harbor, waterfront dining, local cafes, and the popular Sunday farmers market just across the street. Positioned on a spacious corner lot, the home is designed for comfortable single-level living with three bedrooms and a beautifully updated bathroom on the main floor. Above the garage, a generous bonus room with a full bath offers outstanding flexibility; ideal as a family room, guest suite, home office, or future primary retreat. Plans are drawn up for a primary suite, or the space also presents an excellent opportunity to create an ADU for multigenerational living or additional income. With potential eligibility for vacation rental use, this property offers an exceptional opportunity for both lifestyle and investment. Freshly painted on the exterior and extensively renovated in recent years, the home features hardwood floors, a remodeled kitchen with new cabinetry and countertops, and an expanded, tastefully updated main bathroom. After the beach, rinse off in the outdoor shower and relax in the hot tub.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 8,973 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Santa Cruz Unified Schools
Branciforte Middle School
Grades 6-8 • 1.7 mi
6/10
Mission Hill Middle School
Grades 6-8 • 2.7 mi
6/10
Harbor High School
Grades 9-12 • 1.7 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,884 | 1,703.516 |
| Lot Size | 8,973 | 6,974.558 |
| Price | $2.40M | $1.64M |
| Price per sq ft | $1.3K | $944 |
| Built year | 1959 | 1972 |
| HOA | $0 | $984 |
| Days on market | 79 | 43 |
Pricing History
Listed for Sale
Sep 11, 2026
$2,395,000
$2,500,000
-4% Price Drop
Initial Listing
Price Change
Aug 6, 2026
$2,500,000
Initial Listing
Sold
Jan 8, 2021
$1,410,000
Public Record