26 Pasatiempo Drive, Santa Cruz, California 95060, Santa Cruz, 95060 - 4 bed, 3 bath
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Santa Cruz, California 95060
This property presents a High-Potential Investment Opportunity with a List Price of $1,599,000—positioned well below the $1,455,583 Fair Market Value by -9%. While the home carries a Condition Rating of 5, the expansive 31,233 SF lot in the prestigious Pasatiempo community offers significant upside for a full-scale renovation. Featuring vaulted open-beam ceilings and a private patio, the residence provides a rare canvas for customization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value in a premier Santa Cruz neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26 Pasatiempo Drive Subject | $1,599,000* List Price | 4 | 3 | 2,539 | $573 | - |
A 125 Carbonera Drive Pending | $1,598,000 List Price | 3 | 3 | 2,882 | $554 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1942, the home is over 80 years old and shows no evidence of recent renovations. The kitchen is highly dated with knotty pine cabinetry and old appliances, and the interior features original-style wood paneling and dated systems throughout, indicating a need for a full-scale rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31233, living area = 2539.
The property features a rare 31,233 SF parcel with gently sloping grounds and multiple flat areas, providing exceptional privacy and significant potential for outdoor living, gardening, or further development.
Situated in the world-renowned Pasatiempo Golf Club community, this home offers a premier address with gated security, community amenities, and convenient access to both Silicon Valley and Santa Cruz beaches.
Built in 1942, the home likely requires significant updates to its systems and interior finishes to meet the expectations of modern luxury buyers in this price point.
The property carries a substantial association fee of $2,879, which represents a significant ongoing carrying cost for the homeowner.
Rarely does an opportunity arise to secure one of Pasatiempo's premier lots at such an attractive price point. Set on an expansive 31,233 SF parcel, this property offers one of the rarest combinations in the neighborhood - privacy, tranquility, and an abundance of usable outdoor space. Gently sloping grounds feature multiple flat areas across the front, side, and rear yards, creating endless possibilities for outdoor living, entertaining, gardening, recreation, or customization. The 2,539 SF residence offers 4 bedrooms and 3 full bathrooms, highlighted by a spacious living room with vaulted open-beam ceilings and large picture windows that frame views of the beautiful grounds and fill the home with natural light. Tucked away in a peaceful setting, yet just minutes from the main gate, community pool, dining, and the world-renowned Pasatiempo Golf Club, this is a rare opportunity to create your vision in one of Santa Cruz County's most prestigious neighborhoods. Conveniently located with easy access to Santa Cruz, local beaches, and Silicon Valley, this exceptional property combines a premier location, an extraordinary 31,233 SF lot, and outstanding potential in a truly special setting.
No exterior & parking available.
Grades PK-5 • 1.0 mi
Grades K-5 • 2.0 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,539 | 1,620 | 74% |
| Lot Size | 31,233 | 7,100 | 80% |
| Price | $1.60M | $1.39M | 62% |
| Price per sq ft | $630 | $886 | 22% |
| Built year | 1942 | 1974 | 14% |
| HOA | $2879.0 | $0 | 99% |
| Days on market | 4 | 117 | 1% |
Jun 2, 2026
$1,599,000
Initial Listing