4301 Grace Street 2, Capitola, California 95010, Capitola, 95010 - 3 bed, 3 bath
Loading property details...
4301 Grace Street 2
Capitola, California 95010
ACTIVE UNDER CONTRACT
CONDITION: POOR
3Beds
3Baths
1,702Sq Ft
0Lot Size
Property Price
LIST PRICE$949,000
SUMMARY
Analysis of 4301 Grace Street 2, Capitola, California 95010 is currently available with a list price of $949,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Capitola Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1985 (39 years old) with original kitchen and bathrooms. The interior features dated oak cabinetry, tile countertops with wide grout lines, and fluorescent light boxes. While the unit is well-maintained and clean, the age of the systems and finishes exceeds 30 years without renovation, requiring a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime End-Unit Location
As a desirable end unit overlooking a serene community park, this property offers enhanced privacy and a tranquil setting while remaining minutes from Capitola Village and local amenities.
- Unique Architectural Character
The interior features dramatic high ceilings with wood finishes, a striking catwalk, and a versatile large loft, providing a sophisticated and custom-home feel that distinguishes it from standard townhomes.
- Spacious & Functional Layout
With 1,702 square feet of living space, three large bedrooms, and an oversized two-car garage, the home provides the scale and storage capacity typically found in a detached single-family residence.
CONSRISKS & DEFICIENCIES
- High Association Fees
The reported association fee of $4,062 is exceptionally high for the area, which may significantly impact buyer affordability and the property's long-term investment yield.
- Recent Price Volatility
A $50,000 price reduction within the first 20 days on the market suggests that the initial listing price was not aligned with current buyer expectations or market demand.
About 4301 Grace Street 2
Rare Capitola Townhome Available In Small Complex Minutes From Capitola Village & Convenient Shopping about Town. Beautiful Spacious End Unit Overlooking The Community Park. 3 Big Bedrooms. The Primary Bedroom Has An Attached Deck Overlooking A Serene Park Setting Perfect For Enjoying Your Morning Coffee. 2.5 Bathrooms & So Much Storage Throughout. Incredible High Ceilings Accented w/Gorgeous Wood Finishes. A Large Loft At The Top Of The Stairs, Perfect for An Office Or Whatever Your Heart Desires. The Loft Is Attached To A Dramatic Catwalk That Overlooks The Entire Living Room Below. It's A Masterpiece W/An Amazing Floorplan That You Don't Want To Pass Up Viewing. There Is A Private, Shady Yard In The Rear Off The Dining Area, Perfect For Relaxing On Those Hot Summer Days And Can't Forget The Oversized Two Car Garage. This Lovely Property Has So Much To Offer.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1985
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $4062.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,702 | 1,156 |
| Lot Size | - | 915 |
| Price | $949.0K | $895.0K |
| Price per sq ft | $558 | $774 |
| Built year | 1985 | 1980 |
| HOA | $4062.0 | $585 |
| Days on market | 43 | 91 |
Pricing History
Listed for Sale
Aug 13, 2026
$949,000
$999,000
-5% Price Drop
Initial Listing
Price Change
Jul 28, 2026
$999,000
Initial Listing