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

421 Centennial Street, Santa Cruz, California 95060 home-pic-0

421 Centennial Street

Santa Cruz, California 95060

ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
4Baths
2,436Sq Ft
5,924Lot Size

Property Price

LIST PRICE$2,825,000
EST. MARKET VALUE
$2,725,639
3% AboveMARKET VALUE

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

$2,725,639
Based on Realkey algorithm analyzing recent comparable sales in Santa Cruz.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.02.0
89%
Square foot2,4361,507
75%
Lot Size5,9247,100
33%
Price$2.83M$1.35M
91%
Price per sq ft$1.2K$886
81%
Built year20051971
88%
HOA$0$0
50%
Days on market29169
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

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