
Santa Cruz, California 95062
This Modernized Coastal Townhouse is a Strong Value Opportunity, listed at $929,000—positioned well below the $974,876 Fair Market Value by 4%. This valuation gap provides $45,876 in Instant Equity. Boasting a Move-In Ready Condition Rating, the home features solar panels, new flooring, and three private balconies overlooking a serene greenbelt. Located minutes from world-class surf and served by highly-rated schools like Santa Cruz High, it perfectly balances financial upside with a premium lifestyle. This is an ideal match for Owner-Occupants seeking coastal tranquility or lifestyle-driven buyers looking for a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2931 Leotar Circle Subject | $929,000* List Price | 3 | 3 | 1,448 | $717 | - |
A 2958 Leotar Circle Sold | $805,000 | 2 | 3 | 1,320 | $610 | 0.0 mi |
B 710 Freeman Court Sold | $870,000 | 2 | 2 | 1,104 | $788 | 0.9 mi |
C 1165 Whitewater 1165 Sold | $735,000 | 2 | 1 | 987 | $745 | 0.8 mi |
D 2927 Leotar Circle Active | $965,000 List Price | 3 | 3 | 1,448 | $666 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1983, the property has been well-maintained and recently refreshed with new flooring, fresh paint, and new stainless steel appliances. While the kitchen tile countertops and bathroom vanities are dated, the home is move-in ready and features significant upgrades including solar panels and dual-pane windows.
The home features recent updates including fresh paint, new flooring, and new appliances, complemented by solar panels that help reduce monthly energy expenses.
Uniquely positioned along a greenbelt, the property offers three private balconies and a serene patio with a fountain, providing a level of privacy and outdoor living rarely found in townhomes.
Located just minutes from world-class surf spots, beaches, and local dining, this property offers an ideal location for those seeking the quintessential Santa Cruz lifestyle.
The $724 monthly association fee is relatively high and represents a significant ongoing carrying cost that may affect the overall affordability for some buyers.
Built in 1983, the property may require future maintenance or upgrades to aging infrastructure and systems that fall outside the scope of the recent cosmetic renovations.
Perfectly positioned along a greenbelt, this beautifully updated home offers the ideal blend of comfort, style, and privacy. Fresh paint and new flooring create a crisp, modern feel, while vaulted ceilings and an open floorplan enhance the sense of space and light throughout. Natural light pours in through dual-pane windows, illuminating both living room and bedroomsthe primary suite, is anchored by one of two cozy fireplaces. The kitchen shines with new appliances, making it both functional and welcoming for everyday living or entertaining. Outdoor living is abundant, with three private balconies/decks and a serene patio complete with fountain. Perfect for relaxing or hosting guests. The attached two-car garage adds convenience, while the homes placement within the community provides exceptional privacy. Residents enjoy access to a well-maintained complex featuring a pool, scenic sidewalks, and a warm, connected neighborhood atmosphere. All of this is just minutes from beautiful beaches, popular surf spots, great shopping, and standout local eatery destinations. Solar panels help with energy costs. A rare opportunity with both tranquility and accessibility in one inviting home.
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 | 1,481 | 762 | 75% |
| Price | $929.0K | $862.5K | 67% |
| Price per sq ft | $642 | $766 | 25% |
| Built year | 1983 | 1984 | 42% |
| HOA | $724.0 | $562 | 92% |
| Days on market | 45 | 84 | 33% |
Apr 29, 2026
$929,000
Initial Listing
Apr 14, 1998
$216,000
Public Record
May 24, 1994
$180,000
Public Record