322 Arthur Ave, Aptos, California 95003, Aptos, 95003 - 5 bed, 3 bath
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Aptos, California 95003
Analysis of 322 Arthur Ave, Aptos, California 95003 reveals a Fairly Priced Property with a current list price of $1,300,000 aligned with the estimated $1,287,649 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 322 Arthur Ave Subject | $1,300,000* List Price | 5 | 3 | 2,390 | $539 | - |
A 416 Semple Avenue Sold | $1,300,000 | 5 | 3 | 2,085 | $624 | 0.3 mi |
B 446 Semple Avenue Pending | $1,485,000 List Price | 4 | 3 | 2,474 | $600 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This property is a 'down-to-the-studs' renovation project, explicitly stated as 'Permitted Remodel Ready for Your Finishes.' While significant infrastructure work has been completed (new roof, HVAC, rough electrical, plumbing, and framing), the property is currently uninhabitable. It lacks insulation, drywall, finished flooring, and most critically, completed kitchens and bathrooms. It requires substantial additional investment and rehabilitation to become livable, aligning with the 'poor' condition criteria of requiring substantial repairs and rehabilitation to be safe or comfortable to live in its current state.
The property comes with a building permit in hand, significantly streamlining the renovation process and saving the buyer considerable time and effort.
Major and costly infrastructure work is already finished, including a new 40-year roof, complete HVAC system, all new rough electrical and plumbing, and new framing, representing over $350,000 in invested capital.
Buyers have the unique opportunity to select all interior finishes, from insulation and drywall to flooring, bathrooms, and kitchen, allowing for a truly custom dream home.
The property is a 'down-to-the-studs' project, requiring substantial completion work before it is habitable.
An estimated $150,000-$225,000 is still needed for finishes, representing a considerable additional financial outlay for the buyer.
Completing the renovation will demand significant time, effort, and project management skills from the buyer, making it unsuitable for those seeking a move-in ready home.
RARE APTOS OPPORTUNITY: Permitted Remodel Ready for Your Finishes! Transform this down-to-the-studs project into your dream home in one of Aptos' most desirable neighborhoods—building permit in hand! The expensive infrastructure is DONE: brand new 40-year roof, complete HVAC system, all new rough electrical and plumbing, and new framing. Over $350,000 already invested. Simply complete with insulation, drywall, finish electrical/plumbing, flooring, bathrooms and kitchen (estimates $150K-$225K depending on finishes). This motivated out-of-area seller took on more than expected—her loss is your gain! Essentially build a NEW custom home at a fraction of the cost while controlling every finish. Perfect for savvy buyers, contractors, or anyone wanting custom quality without custom prices. Don't miss this chance to create instant equity in premium Aptos!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,390 | 1,775 | 79% |
| Lot Size | 7,623 | 7,623 | 50% |
| Price | $1.30M | $1.48M | 36% |
| Price per sq ft | $544 | $841 | 10% |
| Built year | 1975 | 1978 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 204 | 124 | 75% |
Nov 22, 2025
$1,300,000
Initial Listing