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322 Arthur Ave, Aptos, California 95003, Aptos, 95003 - 5 bed, 3 bath

322 Arthur Ave, Aptos, California 95003 home-pic-0
ACTIVE$1,300,000
322 Arthur Ave, Aptos, California 95003
5Beds
3Baths
2,390Sqft
7,623Lot
Year Built
1975
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$544
HOA
-
Days on market
-
Sold On
-
MLS number
41118044
Home ConditionPoor
Features
Good View:
Deck
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.30M(36th), sqft - 2390(70th), beds - 5(91th), baths - 3(50th).

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!

Price History

Date
Event
Price
11/22/25
Listing
$1,300,000
Condition Rating
Poor
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.
Pros & Cons

Pros

Permitted Remodel Ready: The property comes with a building permit in hand, significantly streamlining the renovation process and saving the buyer considerable time and effort.
Extensive Infrastructure Completed: 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.
Full Customization Potential: 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.
Instant Equity Opportunity: This project offers the potential to build a new custom home at a fraction of the cost, creating instant equity upon completion, especially appealing to savvy buyers or contractors.
Desirable Location: Situated in one of Aptos' most sought-after neighborhoods, enhancing the property's long-term value and appeal.

Cons

Incomplete Project Status: The property is a 'down-to-the-studs' project, requiring substantial completion work before it is habitable.
Significant Additional Investment Required: An estimated $150,000-$225,000 is still needed for finishes, representing a considerable additional financial outlay for the buyer.
Time and Project Management Commitment: 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.

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