392 Oceanview Drive, La Selva Beach, California 95076, La Selva Beach, 95076 - 3 bed, 3 bath
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La Selva Beach, California 95076
This Beachfront Townhouse represents a Strong Value Opportunity, listed at $2,400,000—positioned well below the $2,394,169 Fair Market Value (Note: Market is currently balanced). Featuring unobstructed panoramic ocean views and direct beach access, this property maintains a Fair Condition Rating with vintage 1966 interiors, offering significant potential for cosmetic modernization. Its eligibility for vacation rentals and "lock and leave" functionality make it a premier asset for Buy-and-Hold Investors or Second-Home Buyers seeking a high-demand coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 392 Oceanview Drive Subject | $2,400,000* List Price | 3 | 3 | 1,650 | $1,451 | - |
A 757 The Shore Line Sold | $2,600,000 | 3 | 3 | 1,800 | $1,444 | 0.6 mi |
B 753 The Shoreline Active Under Contract | $1,998,000 List Price | 4 | 4 | 1,750 | $1,142 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1966, the property is well-maintained and 'move-in ready' as described, but the interior finishes are dated. The kitchen features older tile countertops and white appliances, and the bathroom vanities and fixtures suggest a renovation age of 20+ years, placing it in the Fair category despite the pride of ownership.
Situated 'front row' with direct beach access, this property offers a rare opportunity to live directly on the sand in the exclusive La Selva Beach community.
The home provides breathtaking, panoramic views of the Monterey Bay from nearly every room, capturing spectacular sunsets and coastal wildlife.
Move-in ready and eligible for vacation rentals, the property features 'lock and leave' functionality, making it an ideal secondary residence or income-generating asset.
Built in 1966, the property may eventually require updates to its aging infrastructure or systems to align with contemporary building standards.
As a townhouse, the property includes shared walls and association oversight, which may limit owner privacy and flexibility regarding exterior modifications.
Location, Location, Location.... The Bay Area's Perfect Weekend Retreat. Front Row on one of the most beautiful beaches in Northern California. Unobstructed, breathtaking ocean views from Santa Cruz to Monterey to be enjoyed from almost every room. Truly a unique opportunity to own a home on the sand with direct beach access, and create lifelong memories with family and friends. Enjoy the relaxing sound of ocean waves and witness spectacular sunsets. Take endless walks collecting seashells, watch as whales slowly pass and surfers ride the waves. Beach picnics and bonfires create lifetime memories. Located in La Selva Beach, the best kept secret of Santa Cruz County and only 45 minutes from Santa Clara, this home is move-in ready and can even be purchased fully furnished. Lock and leave functionality is perfect for second-home buyers who want to spend their time relaxing and creating memories. Well maintained and reflects pride of ownership throughout. Perfect vacation retreat and essential living at its best .The current owners have shared this magical spot with friends and family members for decades, now it is your turn! Eligible for Vacation Rentals
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,650 | - |
| Lot Size | - | - |
| Price | $2.40M | $1.95M |
| Price per sq ft | $1.5K | $1.1K |
| Built year | 1966 | 0 |
| HOA | $173.0 | $0 |
| Days on market | 25 | 75 |
Jun 27, 2026
$2,400,000
Initial Listing