
Santa Cruz, California 95062
This waterfront property represents a Strong Value Opportunity, listed at $6,595,000—positioned well below the $7,069,963 Fair Market Value by 6%. This valuation gap offers $474,963 in Instant Equity. Featuring 127 linear feet of ocean frontage and a Condition Rating of 4, the home offers significant potential for modernization. With its expansive 19,646 sqft lot and panoramic views, this is a premier Asset for Buy-and-Hold Investors or Owner-Occupants seeking a high-end coastal renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4250 Opal Cliff Drive Subject | $6,595,000* List Price | 4 | 3 | 2,657 | $2,661 | - |
A 4250 Opal Cliff Drive Active | $6,950,000 List Price | 4 | 3 | 2,657 | $2,616 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968, this one-owner home is well-maintained but dated. The kitchen features cabinetry, tile patterns, and a fluorescent light box consistent with a renovation from over 20 years ago. While functional and move-in ready, the interior requires modernization to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19646, living area = 2657.
Boasting 127 linear feet of ocean frontage on the prestigious Opal Cliff Drive, the property offers unparalleled panoramic views of world-class surf breaks and the Monterey Bay.
Situated on nearly half an acre, this expansive parcel provides rare privacy, a spacious parking courtyard, and lush landscaping that is seldom found in high-density coastal neighborhoods.
Built in 1968 and maintained by the original owner, the interior likely requires significant aesthetic updates and modern upgrades to align with contemporary luxury standards at this price point.
Originally designed as a three-car garage, the current two-car configuration may limit utility for buyers requiring extensive vehicle storage or a dedicated workshop area.
Along the coveted stretch of Opal Cliff Drive, this one-of-a-kind property offers one of the most desirable waterfront locations in Santa Cruz County featuring a large parcel, approximately 127 linear ft of ocean frontage, & sweeping panoramic ocean views. Perfectly positioned between Pleasure Point & Capitola Village, it overlooks world-class surf spots including The Hook, Sharks Cove, & Privates, & is just minutes to beaches, shops, & coastal dining. This custom-built, one-owner home maximizes its oceanside setting with breathtaking views from nearly every room. Set back from the street on almost half an acre, the property welcomes you with a spacious parking courtyard, lush lawn, & inviting entryway. Inside, enjoy vaulted ceilings, cozy fireplaces, & walls of glass that open to an ocean-view deck, seamlessly blending indoor & outdoor living. The main level includes the primary suite, kitchen, living areas, & a den/optional 4th bedroom, offering flexibility for single-level living. Upstairs are two bedrooms, a shared bath, & a deck with coastline views. Originally designed as a three-car garage, it now features a two-car setup with workbench & built-in storage. Recent improvements include a professional soil stabilization system along the cliffside & refreshed landscaping.
No exterior & parking available.
Grades 6-8 • 2.9 mi
Grades 6-8 • 4.1 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,657 | 1,697.986 |
| Lot Size | 19,646 | 6,864.608 |
| Price | $6.59M | $1.63M |
| Price per sq ft | $2.5K | $940 |
| Built year | 1968 | 1973 |
| HOA | $0 | $352 |
| Days on market | 36 | 38 |
Aug 4, 2026
$6,595,000
Initial Listing