41 S Circle Drive, Santa Cruz, California 95060, Santa Cruz, 95060 - 4 bed, 4 bath
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Santa Cruz, California 95060
This Refined Mediterranean Estate is a Prime Investment Opportunity, listed at $2,998,000—positioned well below the $3,140,483 Fair Market Value by 4%. This valuation gap offers $142,483 in Instant Equity. Boasting a Condition Rating of 3, the home features a ground-floor primary suite, high-end appliances, and stunning Monterey Bay views within the gated Pasatiempo Estates. Located near top-rated schools, it balances luxury living with immediate financial upside. This is an ideal acquisition for luxury homebuyers or Owner-Occupants.
Property is move-in ready.
Built in 2008, this property is approximately 18 years old and remains in move-in ready condition. The kitchen features high-end professional-grade appliances, a luxury range hood, and custom cabinetry that, while reflecting the traditional Mediterranean style of its era, is well-maintained. The home boasts soaring ceilings, hardwood flooring, and high-quality fixtures throughout with no visible signs of deferred maintenance, fitting the criteria for a well-preserved home within the 10-20 year age range.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17816, living area = 2775.
Situated within the exclusive gated Pasatiempo Estates, the home is steps from the legendary Alistair McKenzie designed Pasatiempo Golf Course, offering a prestigious and storied lifestyle.
The floor plan features a rare ground-floor primary suite plus a complete lower-level living area with two bedrooms and two baths, providing excellent potential for multi-generational living or guest quarters.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =17816, other record lot size in square feet = 12807.
The property has seen two significant price reductions within just 18 days of listing, which may indicate aggressive initial pricing and could impact buyer perception of market value.
While the high schools in the area are well-rated, the assigned elementary school carries a lower rating of 5, which may be a drawback for families prioritizing top-tier primary education.
Tucked behind the gates of the exclusive Pasatiempo Estates, this refined Mediterranean style residence sits beautifully on a small cul de sac with views of the Monterey Bay and Santa Cruz Beach Boardwalk! Offering a rare ground floor primary, this property has 3 bedrooms & 2.5 baths on the main level & a full 2 bedroom, 2 bath + living space on the lower floor. Set within one of Northern California's most storied private/public golf enclaves, this home sits just steps away from the legendary Alistair McKenzie designed Pasatiempo Golf Course, ranked in the top 15 public golf courses in America. Soaring ceilings, expansive windows, ocean and greenbelt views offers a daily backdrop that is both serene and architecturally timeless. Every space invites a meaningful living environment with two potential in-home office areas, including a loft above the Great Room w/ a private ocean-view deck. Solid construction is felt throughout with high-end appliances, a built-in luxury stove hood, espresso maker & a convenient main-floor laundry room. This Pasatiempo home exudes luxury living. Come live moments to the Santa Cruz beaches & amongst the legacy shared with some of the most iconic fairways in the world, adding a layer of heritage that few communities can offer at 41 S Circle Drive.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades PK-5 • 1.8 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 4.0 | 3.0 | 91% |
| Square foot | 2,775 | 1,733 | 82% |
| Lot Size | 17,816 | 7,100 | 81% |
| Price | $3.00M | $1.38M | 93% |
| Price per sq ft | $1.1K | $845 | 75% |
| Built year | 2008 | 1978 | 93% |
| HOA | $211.0 | $0 | 89% |
| Days on market | 23 | 96 | 2% |
Apr 17, 2026
$2,998,000
$3,150,000
-5% Price Drop
Initial Listing
Apr 15, 2026
$3,150,000
$3,300,000
-5% Price Drop
Initial Listing
Mar 30, 2026
$3,300,000
Initial Listing
Nov 15, 2002
$740,000
Public Record
Jul 22, 1998
$533,636
Public Record