
Santa Cruz, California 95062
This Turnkey Penthouse is a Strong Value Opportunity, listed at $599,000—positioned well below the $599,262 Fair Market Value by 0.04%. Featuring a Condition Rating of 3, the unit offers a move-in ready interior with brand-new LVP flooring, high ceilings, and a private balcony with mountain views. Residents benefit from premium amenities including a year-round pool and spa. This property balances urban convenience with coastal lifestyle, making it an ideal acquisition for first-time buyers or remote professionals seeking a low-maintenance sanctuary.
Property is move-in ready.
The property is move-in ready and recently refreshed with brand-new LVP flooring, crisp paint, and newer electrical updates. Although the kitchen cabinetry and laminate counters reflect the 1980 original build and are dated, the unit is well-maintained, functional, and described as turnkey.
Situated just five minutes from downtown Santa Cruz and 15 minutes from the Boardwalk, this property offers exceptional walkability and a strategic 45-minute commute to Silicon Valley.
The unit boasts a modern, move-in-ready interior with brand-new LVP flooring, fresh paint, dramatic high ceilings, and a private balcony offering scenic mountain and city views.
Rare urban conveniences include in-unit laundry, secured underground parking, and additional storage, alongside community perks like a year-round pool, spa, and BBQ area.
The monthly HOA fee of $1,000 is significantly high for a one-bedroom unit, which may impact buyer affordability and overall return on investment for landlords.
Despite the generous 1,028 square footage, the single-bedroom configuration may limit the property's appeal to a narrower buyer demographic, such as couples or individuals.
Perched just five minutes from the vibrant heart of downtown Santa Cruz, this recently updated 1,028 sqft penthouse offers effortless urban and coastal living with a 45 min drive to Silicone Valley. The expansive living room immediately captivates with dramatic high ceilings and a cozy fireplace, creating an airy yet inviting sanctuary that flows seamlessly out to a private balcony with mountain views, a perfect backdrop overlooking the downtown skyline. The thoughtful layout features a separate, generously sized primary bedroom offering a quiet retreat with large closets. This is complemented by a spacious full bathroom and the ultimate convenience of in-unit laundry. Turnkey and recently refreshed, the home boasts brand-new LVP flooring, crisp new paint, and newer electrical updates. Residents enjoy premium community amenities, including a year-round swimming pool and spa and BBQ area, secured entry and dedicated underground parking and storage. Offering unmatched proximity to world-class dining, shopping, and entertainment, this penthouse is a retreat designed for remote workers, UCSC students, investors, first-time homebuyers, or anyone who refuses to compromise on location at an affordable price. This quiet and pet friendly complex is only 15 min to the Boardwalk and beach.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.8 |
| Baths | 1.0 | 1.4 |
| Square foot | 1,028 | 963.625 |
| Lot Size | 828 | 811.438 |
| Price | $599.0K | $686.2K |
| Price per sq ft | $583 | $719 |
| Built year | 1980 | 1980 |
| HOA | $1000.0 | $595 |
| Days on market | 10 | 61 |
Oct 14, 2026
$599,000
Initial Listing
Feb 16, 2024
$575,000
Public Record
Sep 18, 2020
$433,000
Public Record
Mar 31, 1999
$145,000
Public Record