421 Centennial Street, Santa Cruz, California 95060, Santa Cruz, 95060 - 3 bed, 4 bath

421 Centennial Street
Santa Cruz, California 95060
Property Price
SUMMARY
Analysis of 421 Centennial Street, Santa Cruz, California 95060 reveals a property with a current list price of $2,825,000, which is 3% above the estimated $2,725,639 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Cruz Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2005, this property is in move-in ready condition and fits the 10-20 year age bracket for a 'good' rating. The home features high-quality contractor-built details, professional-grade kitchen appliances, hardwood flooring, and modern upgrades like a 240V EV charger. While the aesthetic is contemporary and well-maintained, it does not meet the 'excellent' criteria of being built within the last 10 years or having a total recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Permitted Detached ADU
The property includes a fully permitted detached ADU with its own private yard, providing significant value for rental income, multi-generational living, or a dedicated home office.
- Prime Westside Location
Situated in a quiet, highly desirable pocket of Westside Santa Cruz, the home is just five minutes from Lighthouse Field and the wharf, offering an ideal coastal lifestyle.
- High-End Custom Construction
Originally built by a contractor for his own residence, the home features superior craftsmanship, Spanish-style stucco, and functional upgrades like a drive-through garage with a 240V EV charger.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2436, other record living area = 1936.
- Premium Price Point
At a list price of $2.825M, the property represents a high entry cost for the area, which may be a barrier for buyers looking for more acreage at this valuation.
- Limited Outdoor Space
While the lot is well-curated, the 5,924 sqft footprint is shared with a detached ADU, potentially limiting the amount of expansive backyard space available for the main residence.
About 421 Centennial Street
There is something quietly special about Centennial Street. Mornings begin with sea air drifting through open windows. Evenings carry the distant sound of seals along the coast. 5-mins to Lighthouse Field & the wharf. This is Westside Santa Cruz living at its most natural. The home was originally built by a contractor for his own residence, later owned by a world-renowned installation artist, using powerful visual narratives through multi-screen installations. Spanish-style stucco, warm textures, & an easy flow connect the entry, dining, & kitchen spaces. Southern-facing patios bring sunlight into the primary bedroom, while rear living areas settle into golden evening light. Birds of paradise & palms frame the front garden, with curated lighting creating a soft glow indoors & out. The primary suite opens to a private patio for sunrise coffee. A permitted detached ADU with its own yard provides flexible living or rental potential. The drive-through garage with backyard access, & a 240V electric charger. The street itself remains remarkably quiet, with little neighbor noise & a calm residential feel. Warm, organic, & deeply livable. A home shaped by light, ocean air, & everyday ease.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 5,924 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 89% |
| Square foot | 2,436 | 1,507 | 75% |
| Lot Size | 5,924 | 7,100 | 33% |
| Price | $2.83M | $1.35M | 91% |
| Price per sq ft | $1.2K | $886 | 81% |
| Built year | 2005 | 1971 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 169 | 5% |
Pricing History
Listed for Sale
Feb 6, 2026
$2,825,000
Initial Listing
Sold
Dec 19, 2018
$1,825,000
Public Record
Sold
Jun 22, 2005
$120,000
Public Record
Sold
Sep 2, 1997
$182,500
Public Record





























































