302 Pine Forest Drive, Aptos, California 95003, Aptos, 95003 - 5 bed, 5 bath
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Aptos, California 95003
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $2,590,000—positioned well below the $2,695,000 Fair Market Value by 3%. This valuation gap offers $105,000 in Instant Equity for the discerning buyer. While the home maintains a Condition Rating of 4, the 1990s-era finishes provide a clear path for cosmetic modernization to drive appreciation. Featuring a luxurious pool and spa on a 1.88-acre woodland sanctuary, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a private, custom-built estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 302 Pine Forest Drive Subject | $2,590,000* List Price | 5 | 5 | 4,181 | $645 | - |
A 321 Pine Forest Drive Active | $2,795,000 List Price | 4 | 3 | 3,725 | $750 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the home is 27 years old and appears to retain its original finishes. While exceptionally well-maintained and move-in ready, the kitchen and bathrooms are dated with 1990s-style oak cabinetry and white appliances, meeting the criteria for a property over 20 years old requiring modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 81936, living area = 4181.
Situated on a nearly 2-acre woodland sanctuary, the property offers rare privacy, mature fruit trees, and a serene environment within an exclusive enclave.
The residence features a luxurious pool and spa, providing a resort-like atmosphere that is highly sought after in the Aptos luxury market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =81936, other record lot size in square feet = 82067.
A recent price reduction from the original listing suggests the property is still navigating market positioning to attract the right buyer.
While offering seclusion, the 10-15 minute drive to beaches and local services may be a drawback for buyers prioritizing immediate coastal proximity or walkability.
Discover a rare opportunity within the coveted Forest and Meadows community, an exclusive enclave renowned for its serenity and generational appeal, where homes are cherished for decades. This exceptional residence, custom-built in 1999, offers a modern, sun-drenched open floor plan spanning 4,181 square feet. The home features 5 spacious bedrooms, 4.5 bathrooms, an office, a magnificent primary suite, and a gourmet kitchen designed for effortless entertaining. Set on a sprawling 1.88-acre sanctuary adorned with mature fruit trees, the property boasts a luxurious pool and spa, a three-car garage with abundant guest parking, and the perfect balance of woodland privacy, all just 10-15 minutes from the world-class beaches of Santa Cruz County.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 5.0 | 3.0 | 93% |
| Square foot | 4,181 | 1,775 | 94% |
| Lot Size | 81,936 | 8,700 | 96% |
| Price | $2.59M | $1.49M | 81% |
| Price per sq ft | $619 | $841 | 16% |
| Built year | 1999 | 1978 | 87% |
| HOA | $125.0 | $0 | 81% |
| Days on market | 39 | 122 | 7% |
May 27, 2026
$2,590,000
$2,695,000
-4% Price Drop
Initial Listing
May 5, 2026
$2,695,000
Initial Listing
Jul 9, 2003
$1,600,000
Public Record
Mar 31, 1999
$373,000
Public Record