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307 Treasure Island Drive, Aptos, California 95003, Aptos, 95003 - bed, bath

307 Treasure Island Drive, Aptos, California 95003 home-pic-0
ACTIVE$1,295,000
307 Treasure Island Drive, Aptos, California 95003
0Bed
0Bath
1,400Sqft
2,875Lot
Year Built
1962
Close
-
List price
$1.29M
Original List price
$1.45M
Price/Sqft
$925
HOA
-
Days on market
-
Sold On
-
MLS number
ML82017665
Home ConditionPoor
Features
Good View:
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.29M(50th), sqft - 1400(50th), beds - undefined(50th), baths - undefined(50th).

Welcome to 307 Treasure Island Drive a rare duplex on a private cul-de-sac in Aptos coveted Rio Del Mar neighborhood, just a short stroll to the sand, local cafes, and the laid-back coastal charm that makes this community so special. From your doorstep, walk or bike to Rio Del Mar State Beach, Seacliff State Beach, and the beloved Pixie Deli. Enjoy boutique shopping and the weekend farmers market in Aptos Village, or explore miles of trails in The Forest of Nisene Marks State Park. With quick Highway 1 access, youre minutes from Capitola, Santa Cruz, and Monterey Bay. The upstairs 2-bedroom, 1-bath unit features vaulted ceilings, abundant natural light, and sliding glass doors to a private balcony perfect for morning coffee with ocean breezes or colorful sunsets. The downstairs 1-bedroom, 1-bath unit has its own entrance and slider to a sunny side yard, offering privacy and flexibility. An attached double garage provides extra storage or compact parking. With strong rental income, this property is ideal for investors, multi-generational living, or as your own coastal retreat. 307 Treasure Island Drive blends beachside living with income potential a rare find in Aptos.

Price History

Date
Event
Price
10/31/25
Price Change
$1,295,000-7.2%
09/20/25
Price Change
$1,395,000-3.7%
08/11/25
Listing
$1,449,000
Condition Rating
Poor
Built in 1962, this property is over 60 years old. The kitchen is significantly outdated with tile countertops, older white cabinets, and an older electric range, indicating a need for substantial rehabilitation to meet current standards. The bedroom features older carpet, and while the living area has hardwood-style flooring, the overall aesthetic is dated. Given the age of the property and the lack of explicit mention of recent major system updates (HVAC, electrical, plumbing), it's highly probable that major components are at or past their expected lifespan and will require significant investment for repair or replacement. While livable, it requires substantial repairs and modernization beyond minor updates.
Pros & Cons

Pros

Exceptional Coastal Proximity: The property boasts a coveted Rio Del Mar location, just a short stroll to the sand, local cafes, and direct access to Rio Del Mar and Seacliff State Beaches, offering an unparalleled beachside lifestyle.
Income-Generating Duplex: As a rare duplex, this property presents strong rental income potential, making it ideal for investors, multi-generational living, or as a primary residence with supplemental income.
Prime Neighborhood & Lifestyle: Situated on a private cul-de-sac, residents benefit from easy access to Aptos Village amenities, weekend farmers markets, and extensive trails in The Forest of Nisene Marks State Park.
Flexible Living Arrangements: The property features two distinct units (2-bed/1-bath upstairs, 1-bed/1-bath downstairs), each with private entrances, offering versatility for various owner or tenant needs and enhanced privacy.
Private Outdoor Spaces: The upstairs unit includes a private balcony perfect for ocean breezes and sunsets, while the downstairs unit offers a sunny side yard, providing valuable outdoor living areas for both units.

Cons

Older Construction: Built in 1962, the property's age may imply a need for ongoing maintenance or potential updates to systems and finishes, which are not specified as having been modernized.
Limited Lot Size: With a lot size of 2,875 sqft, the property offers relatively compact outdoor space, which might limit extensive landscaping, recreational areas, or future expansion possibilities for a duplex.
Recent Price Reductions: Multiple price adjustments from the initial listing price indicate potential market resistance or a need to align with current buyer expectations, which could influence perceived value or negotiation leverage.

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