
Santa Cruz, California 95062
This Turnkey Coastal Townhouse is a Strong Value Opportunity, listed at $949,000—positioned well below the $1,040,202 Fair Market Value by 8%. This valuation gap offers $91,202 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, three view balconies, and peaceful creek-side trails. Located near top-rated schools like Santa Cruz High, this property balances coastal lifestyle with financial stability. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2927 Leotar Circle Subject | $949,000* List Price | 3 | 3 | 1,448 | $718 | - |
A 2958 Leotar Circle Sold | $805,000 | 2 | 3 | 1,320 | $610 | 0.0 mi |
B 1153 30th Avenue Sold | $850,000 | 2 | 2 | 1,165 | $730 | 0.5 mi |
C 1526 Brazil Lane Sold | $750,000 | 2 | 1 | 896 | $837 | 0.3 mi |
D 710 Freeman Court Sold | $870,000 | 2 | 2 | 1,104 | $788 | 0.9 mi |
E 1165 Whitewater 1165 Sold | $735,000 | 2 | 1 | 987 | $745 | 0.8 mi |
F 2931 Leotar Circle Active | $929,000 List Price | 3 | 3 | 1,448 | $642 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1983, the property has been well-maintained and updated with granite countertops and stainless steel appliances. The interior appears move-in ready and functional, consistent with a renovation performed within the last 5-15 years.
Ideally situated minutes from Pleasure Point and adjacent to Rodeo Gulch, offering a perfect balance of beach lifestyle and tranquil nature access.
The home features high-end finishes including granite countertops throughout, stainless steel appliances, and two fireplaces, providing a move-in-ready experience.
With three private view balconies and a backyard that opens directly to scenic walking and biking trails, the property offers superior indoor-outdoor flow.
The monthly HOA fee of $724 is substantial and may impact the overall affordability and debt-to-income ratio for prospective buyers.
Built in 1983, the property may soon require maintenance or updates to major systems and common areas typical of a forty-year-old development.
Minutes to the Ocean, and miles from Ordinary, discover an exceptional opportunity to own a sea-inspired townhouse in Santa Cruz! Nestled beside Rodeo Gulch, this tranquil, nature-surrounded retreat awaits you. Step into this beautifully updated 3-bedroom, 2.5-bath, 2car-garage, private sanctuary. Enjoy granite countertops throughout, stainless appliances, three view balconies, two fireplaces, and a secluded backyard that opens up to peaceful walking and biking trails. Brilliantly blending comfort and nature---come home to your own slice of coastal paradise! Minutes to the Ocean (Pleasure Point), and Chanticleer Park (Leo's Haven), dining and shopping---and so much more!
No exterior & parking available.
Grades 6-8 • 2.0 mi
Grades 6-8 • 3.4 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 83% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,448 | 1,176 | 92% |
| Lot Size | 1,568 | 762 | 92% |
| Price | $949.0K | $862.5K | 67% |
| Price per sq ft | $655 | $766 | 25% |
| Built year | 1983 | 1984 | 42% |
| HOA | $724.0 | $562 | 92% |
| Days on market | 12 | 84 | 8% |
Jun 2, 2026
$949,000
Initial Listing
Oct 15, 2024
$111,400
Public Record
Sep 12, 2022
$965,000
Public Record