
Aptos, California 95003
Analysis of 307 Treasure Island, Aptos, California 95003 is currently available with a list price of $1,185,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Aptos Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1962, this duplex is well-located but shows signs of aging infrastructure typical of its era. While the exterior and roof appear maintained in the aerial photos, the listing description and age suggest that the interior finishes and major systems likely require updates to meet modern standards, as no recent comprehensive renovations were mentioned.
Situated in the highly sought-after Rio Del Mar neighborhood on a quiet cul-de-sac, the property is just moments from the beach, offering an exceptional coastal lifestyle and high demand.
As a rare legal duplex, this property provides significant flexibility for investors or owner-occupants to generate rental income, host guests, or accommodate multi-generational living.
The upper unit features vaulted ceilings and sliding glass doors that lead to a private balcony, maximizing natural light and capturing desirable ocean breezes.
Built in 1962, the property may require updates to its core systems and finishes to meet modern energy efficiency standards and contemporary aesthetic preferences.
With a lot size of only 2,875 square feet, the property offers very limited yard space, which may be a drawback for buyers seeking significant private outdoor areas or gardening opportunities.
Discover a rare opportunity to own a duplex in Aptos' highly sought-after Rio Del Mar neighborhood. Tucked away on a quiet cul-de-sac just steps from the sand, 307 Treasure Island Dr offers the perfect blend of coastal living, income potential, and long-term value. The property features two residences totaling approximately 1,400 square feet. The upper 2-bedroom, 1-bath home is filled with natural light and features vaulted ceilings and a private balcony for enjoying the ocean air. The lower 1-bedroom, 1-bath unit offers a separate entrance and private outdoor space, ideal for rental income, guests, or extended family. An attached two-car garage provides off-street parking and additional storage. Ideal for investors, owner-occupants seeking supplemental income, or those searching for a beach-close retreat, this versatile property offers flexibility rarely found in Rio Del Mar. Live in one unit and rent the other, create space for extended family, or enjoy a unique coastal investment opportunity. Enjoy easy access to Rio Del Mar and Seacliff beaches, Aptos Village, local restaurants and shops, miles of hiking and biking trails, and convenient Highway 1 access. This is a unique opportunity to own a versatile property in one of Aptos' most desirable coastal communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,400 | - |
| Lot Size | 2,875 | - |
| Price | $1.19M | $2.42M |
| Price per sq ft | $846 | $2.4K |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 139 | 78 |
Jun 24, 2026
$1,185,000
$1,248,000
-5% Price Drop
Initial Listing
Apr 1, 2026
$1,248,000
$1,295,000
-4% Price Drop
Initial Listing
Mar 5, 2026
$1,295,000
Initial Listing
May 10, 2013
$610,000
Public Record
Oct 12, 1999
$295,000
Public Record