230 Rio Del Mar Boulevard K, Aptos, California 95003, Aptos, 95003 - 2 bed, 2 bath
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Aptos, California 95003
This Turn-Key Condominium represents a High-Potential Investment Opportunity, listed at $1,279,000—positioned well above the $1,235,685 Fair Market Value by -3%. While priced slightly above market, the property’s Condition Rating of 2 and rare top-floor status with Panoramic Whitewater Ocean Views justify the premium. Featuring recent renovations and proximity to Rio Del Mar Elementary, this asset offers immediate rental income potential or a coastal lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a rare, move-in ready coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 230 Rio Del Mar Boulevard K Subject | $1,279,000* List Price | 2 | 2 | 972 | $1,271 | - |
A 240 Rio Del Mar Boulevard O Sold | $1,450,000 | 3 | 2 | 1,138 | $1,274 | 0.0 mi |
B 230 Rio Del Mar Boulevard F Pending | $1,349,000 List Price | 2 | 2 | 972 | $1,388 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1970, the unit has undergone a recent renovation (less than 5 years) including new paint, carpet, stainless steel appliances, and fixtures. It is marketed as turn-key and move-in ready with modern interior finishes and no immediate maintenance required.
As a rare top-floor unit, the property offers stunning whitewater views of the bay, providing a premium coastal living experience that is highly sought after in the Rio Del Mar area.
The condo has been tastefully updated with new paint, carpet, appliances, and fixtures, allowing for an immediate move-in or rental without the need for additional renovation.
With no top-floor units available in this complex for over a decade, this listing represents a unique and rare opportunity in a high-demand, low-turnover location.
The monthly association fee of $1,155 is significantly high, which may impact the overall affordability and investment yield for potential buyers.
At under 1,000 square feet, the interior layout is relatively compact for the price point, which may be a drawback for those seeking more spacious accommodations.
Whitewater Views in Rio Del Mar! You awake to the sound of waves crashing. You rise slowly, taking a moment to relish the sound before making a cup of coffee, sliding open your glass door, and alighting on your TOP FLOOR balcony overlooking one of the most beautiful bays in the world. You breathe in the salt air and contemplate what you will do today; there are so many options to choose from in this beautiful location. You could go to the beach, take a stroll through historic Aptos Village, or take a hike in Nisene Marks State Park. Or maybe you should cruise down to Venus and meet some friends for a drink this afternoon... Or maybe... Do Nothing At All. The choice is yours, this life is possible, at this beautifully updated, turn-key, 2-bedroom, 2-bath ocean-view condo. This condo was updated with new paint, carpet, appliances, and fixtures. You can also choose to let others enjoy, rent it out, and benefit from an income-producing asset. The options are endless, don't miss your chance to live your best life in Rio Del Mar. A top-floor unit hasn't been available in this complex in over 10 years. Opportunities like this don't come around often, don't miss out!
No exterior & parking available.
Grades K-6 • 1.6 mi
Grades 7-8 • 1.4 mi
Grades 9-12 • 2.3 mi
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 | 972 | 1,221 | 33% |
| Lot Size | - | - | 50% |
| Price | $1.28M | $995.0K | 78% |
| Price per sq ft | $1.3K | $817 | 89% |
| Built year | 1970 | 1980 | 22% |
| HOA | $1155.0 | $750 | 78% |
| Days on market | 17 | 100 | 11% |
May 20, 2026
$1,279,000
Initial Listing
May 26, 2005
$899,000
Public Record