4191 Portola Drive, Santa Cruz, California 95062, Santa Cruz, 95062 - 2 bed, 1 bath
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4191 Portola Drive
Santa Cruz, California 95062
ACTIVE
CONDITION: FAIR
2Beds
1Baths
1,157Sq Ft
3,528Lot Size
Property Price
LIST PRICE$1,475,000
EST. MARKET VALUE
$1,213,542
21% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,475,000—positioned well above the $1,213,542 Fair Market Value by -21%. While the pricing reflects a premium, the asset features a Condition Rating of 4, offering a functional foundation for modernization. The detached studio provides immediate rental income potential, while the prime Pleasure Point location ensures long-term demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage a coastal lifestyle through strategic value-add renovations.
Estimated Market Value
$1,213,542
Based on Realkey algorithm analyzing recent comparable sales in Santa Cruz.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1955, this property is functional and move-in ready but significantly dated. The kitchen features cabinetry and a layout that appear to be over 30 years old, and the overall infrastructure likely requires modernization of systems and finishes to meet contemporary standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the highly desirable Pleasure Point neighborhood, this property offers exceptional walkability to world-class surf beaches, local boutiques, and popular dining, epitomizing the Santa Cruz coastal lifestyle.
- Income-Generating Potential
The detached studio space, complete with a kitchenette and full bath, provides a versatile opportunity for rental income, a private home office, or a guest suite.
- Timeless Character
Built in 1955, this classic cottage features enduring charm and a wood-burning fireplace, offering a solid foundation for a buyer looking to preserve vintage aesthetics or create a custom retreat.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Limited Bathroom Count
The main residence includes only one bathroom, which may be a significant drawback for families or buyers seeking modern convenience and privacy.
- Compact Lot Size
With a lot size of just 3,528 square feet, outdoor space is limited, especially considering the footprint of the detached studio, leaving little room for extensive landscaping or expansion.
About 4191 Portola Drive
Look no further for your ideal Santa Cruz coastal cottage! A short walk to Pleasure Point beaches, shops, and restaurants - this classic home combines timeless character with an exceptional opportunity to enjoy everything the coastal lifestyle has to offer. The detached studio space out back, including a kitchenette and full bath, currently offers rental income. The property's Portola Drive location puts you right in the heart of one of Santa Cruz's most distinctive neighborhoods. This charming single-level residence includes a wood burning fireplace in the living room and washer-dryer hookup in the kitchen. Whether you're looking for a full-time residence, a weekend retreat, or an opportunity to create your own vision, this property offers a wonderful foundation. Come experience the character, location, and possibilities of this lovely property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 3,528 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Santa Cruz Unified Schools
Branciforte Middle School
Grades 6-8 • 2.8 mi
6/10
Mission Hill Middle School
Grades 6-8 • 4.1 mi
6/10
Soquel High School
Grades 9-12 • 2.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 1,157 | 1,703.516 |
| Lot Size | 3,528 | 6,974.558 |
| Price | $1.48M | $1.64M |
| Price per sq ft | $1.3K | $944 |
| Built year | 1955 | 1972 |
| HOA | $0 | $984 |
| Days on market | 29 | 43 |
Pricing History
Listed for Sale
Sep 25, 2026
$1,475,000
Initial Listing
Sold
Nov 10, 2004
$649,000
Public Record
Sold
Jun 25, 1997
$229,000
Public Record