3527 Deanes Lane, Capitola, California 95010, Capitola, 95010 - 4 bed, 4 bath
Loading property details...
Capitola, California 95010
This Turnkey Mediterranean Residence represents a Prime Investment Opportunity, listed at $1,998,000—positioned well below the $2,058,431 Fair Market Value by 3%. This valuation gap offers $60,431 in Instant Equity. Featuring a remodeled chef's kitchen, premium roof, and a turnkey 1-bedroom ADU, the home maintains an Excellent Condition Rating. Its versatile layout and proximity to Capitola Village make it an ideal acquisition for Buy-and-Hold Investors seeking rental income or Owner-Occupants desiring a high-end, move-in ready coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3527 Deanes Lane Subject | $1,998,000* List Price | 4 | 4 | 2,235 | $921 | - |
A 4220 Trotter Street Pending | $1,695,000 List Price | 3 | 2 | 1,854 | $914 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1994, the property has undergone a high-end renovation within the last 5 years. It features a remodeled chef's kitchen with leathered quartzite countertops and premium appliances, a newer premium roof, and updated bathrooms. The interior shows mint condition finishes, vaulted ceilings, and a turnkey ADU, requiring no immediate maintenance.
The property features an attached 1-bedroom, 1-bath ADU, offering a rare opportunity for significant rental income, a private guest suite, or flexible multigenerational living arrangements.
The home boasts a remodeled chef’s kitchen with leathered quartzite countertops and premium appliances, complemented by a newer roof and updated security system, ensuring a move-in-ready experience.
Ideally situated in a sought-after Capitola neighborhood, the residence provides convenient access to Capitola Village, world-class beaches, and local shopping and dining hubs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2235, other record living area = 1731. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The 5,968 sq. ft. lot is relatively modest for a home of this size, which may limit outdoor utility for buyers seeking expansive yard space or significant privacy buffers.
Despite its proximity to the ocean and premium price point, the property offers standard neighborhood views rather than the Pacific Ocean vistas often sought in the Capitola market.
Beautifully updated 2,250sq. ft. Mediterranean style home in a great Capitola neighborhood! This exceptional property features 3 bedrooms and 2.5 bathrooms in the main home, plus an attached 1-bedroom, 1-bath ADU ideal for rental income, guests, or multigenerational living. The remodeled chef's kitchen boasts leathered quartzite countertops, custom cabinetry, and premium appliances. Soaring vaulted ceilings highlight the spacious living and dining areas, while the separate family room with a stunning quartzite fireplace opens to a beautifully landscaped backyard with mature trees and custom lighting perfect for entertaining. Additional features include a two-car garage, newer premium roof, security system with exterior cameras, hot tub, ample storage, and side yards. A rare turnkey opportunity just minutes from Capitola Village, beaches, shopping, and dining!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.5 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,235 | 1,556.5 |
| Lot Size | 5,968 | 6,120 |
| Price | $2.00M | $1.70M |
| Price per sq ft | $894 | $1.3K |
| Built year | 1994 | 1969 |
| HOA | $0 | $0 |
| Days on market | 10 | 32 |
Jul 13, 2026
$1,998,000
Initial Listing
Apr 6, 2007
$669,500
Public Record
Apr 18, 1997
$302,000
Public Record