230 Alhambra Avenue, Santa Cruz, California 95062, Santa Cruz, 95062 - 3 bed, 3 bath
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230 Alhambra Avenue
Santa Cruz, California 95062
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,558Sq Ft
2,831Lot Size
Property Price
LIST PRICE$1,695,000
EST. MARKET VALUE
$1,737,610
SUMMARY
This Architecturally Significant Beach House represents a High-Potential Investment Opportunity, listed at $1,695,000—positioned well below the $1,737,611 Fair Market Value by 2%. This valuation gap provides $42,611 in Instant Equity. Featuring a Condition Rating of 4, the home offers a unique Sunset Magazine-featured design with two private decks and an outdoor shower. While the interior requires modernization of wet areas, the prime location near Seabright Beach ensures long-term value. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle project.
Estimated Market Value
$1,737,610
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 |
|---|---|---|---|---|---|---|
★ 230 Alhambra Avenue Subject | $1,695,000* List Price | 3 | 3 | 1,558 | $1,115 | - |
A 207 2nd Avenue Sold | $1,625,000 | 2 | 2 | 1,425 | $1,140 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1987, the property is nearly 40 years old. While the description notes new flooring and the images show updated stainless steel appliances, the kitchen and bathrooms remain dated with original 1980s-style tile countertops and cabinetry. It is functional and well-maintained but requires modernization of wet areas and likely aging systems to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Ideally situated within easy walking distance to Seabright Beach and the Santa Cruz Beach Boardwalk, offering the quintessential coastal lifestyle.
- Architectural Pedigree
Designed by Dennis Britton and Charlie Franks and previously featured in Sunset Magazine, the home offers unique, award-winning architectural character.
- Indoor-Outdoor Living
Features two private decks and a dedicated outdoor shower, perfectly catering to surfers and those who enjoy outdoor dining and entertaining.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
The 2,831 sqft lot is relatively small for the price point, which may limit privacy and outdoor yard space compared to other residential options.
- Lack of Ocean Views
Despite its proximity to the water, the property only offers neighborhood views, missing the premium ocean vistas often expected in this coastal bracket.
About 230 Alhambra Avenue
Here's your adorable beach house! It is located within easy walking distance to Seabright Beach. You can also walk over the old train trestle to the Santa Cruz Beach Boardwalk and Cowell's Beach. This fun 3 bedroom 2.5 bath house is ideally situated for those who want to live the Santa Cruz Beach lifestyle. It was originally designed by Dennis Britton and Charlie Franks and it was featured in Sunset Magazine. It offers 2 private decks, one on the front side of the house and the other on the backside overlooking the backyard. Great for outdoor dining or entertaining. It also has a convenient outdoor shower for surfers and beach goers. The home has recently been updated with new floors. Must come see this home to truly appreicate the unique architecture!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 2,831 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,558 | 1,697.986 |
| Lot Size | 2,831 | 6,864.608 |
| Price | $1.70M | $1.63M |
| Price per sq ft | $1.1K | $940 |
| Built year | 1987 | 1973 |
| HOA | $0 | $352 |
| Days on market | 13 | 38 |
Pricing History
Listed for Sale
Aug 27, 2026
$1,695,000
Initial Listing
Sold
Nov 13, 2013
$830,000
Public Record
Sold
Mar 19, 2004
$875,000
Public Record
Sold
Oct 10, 1995
$375,000
Public Record