431 Loma Prieta Drive, Aptos, California 95003, Aptos, 95003 - 2 bed, 2 bath
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431 Loma Prieta Drive
Aptos, California 95003
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,144Sq Ft
13,983Lot Size
Property Price
LIST PRICE$875,000
EST. MARKET VALUE
$933,058
6% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $875,000—positioned well below the $933,058 Fair Market Value by 6%. This gap provides $58,058 in Instant Equity, further enhanced by a rare 2.9% assumable FHA loan. Featuring a Mint Condition Rating, the home includes a renovated kitchen, luxury vinyl flooring, and a hillside deck with valley views. Located near top-rated schools like Rio Del Mar Elementary, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking immediate comfort and long-term financial stability.
Estimated Market Value
$933,058+$58,058 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Aptos.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 431 Loma Prieta Drive Subject 2 bd · 2 ba · 1,144 sqft · $816 | $875,000* List Price | 2 | 2 | 1,144 | $816 | - |
A 302 Coronado Drive Sold 3 bd · 1 ba · 1,251 sqft · $743 · 0.4 mi | $929,350 | 3 | 1 | 1,251 | $743 | 0.4 mi |
B 627 Loma Prieta Drive Sold 3 bd · 3 ba · 1,585 sqft · $631 · 0.3 mi | $999,500 | 3 | 3 | 1,585 | $631 | 0.3 mi |
C 888 Bonita Drive Sold 3 bd · 2 ba · 1,504 sqft · $731 · 0.9 mi | $1,100,001 | 3 | 2 | 1,504 | $731 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1964, the property has undergone a comprehensive recent renovation within the last 5 years. The kitchen features modern white cabinetry, stainless steel appliances, and updated countertops. The interior is finished with new luxury vinyl plank flooring, updated bathrooms, and fresh paint, meeting the criteria for mint condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13983, living area = 1144.
- Exceptional Financing Opportunity
The property features a rare 2.9% assumable FHA loan, offering a significant financial advantage and monthly savings compared to current market interest rates.
- Modernized Turnkey Interior
The home boasts a fully updated kitchen and high-quality luxury vinyl plank flooring throughout, providing a contemporary, low-maintenance living space that is move-in ready.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At just 1,144 square feet for a two-bedroom layout, the interior space may feel restrictive for growing families or those requiring a dedicated home office.
- Hillside Maintenance Challenges
The steep hillside topography and 1964 construction date may necessitate specialized long-term maintenance for the deck, foundation, and exterior landscaping.
About 431 Loma Prieta Drive
Assumable 2.9% FHA loan, subject to lender approval. Hillside deck. Hot tub. Valley views. Watch the trees go gold at sunset from your own backyard in Aptos. That is an ordinary weeknight here. Inside, the work is done. The kitchen has been updated. Luxury vinyl plank flooring runs through the home, clean and easy to care for. Two full baths give everyone their own space. Washer and dryer hookups keep laundry at home, where it belongs. Just under 1,200 square feet, and every one of them is easy to live in. Minutes from everything. Deer Park Marketplace in 5 minutes. Bittersweet Bistro in 5 minutes. Aptos Village in 8 minutes. Seacliff State Beach in 11 minutes. Rancho Del Mar shopping in 10 minutes. Highway 1 in 7 minutes. High enough to forget all of it, close enough to be where you need to be! Some homes give you space. This one gives you distance. Homes like this are rare in Santa Cruz County. With a 2.9% rate, they are almost unheard of. Schedule your private tour today.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 13,983 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Aptos Unified Schools
Rio Del Mar Elementary School
Grades K-6 • 1.0 mi
8/10
Aptos Junior High School
Grades 7-8 • 0.4 mi
5/10
Aptos High School
Grades 9-12 • 1.2 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,144 | 1,816.212 |
| Lot Size | 13,983 | 8,283.692 |
| Price | $875.0K | $1.38M |
| Price per sq ft | $765 | $765 |
| Built year | 1964 | 1977 |
| HOA | $0 | $244 |
| Days on market | 9 | 60 |
Pricing History
Listed for Sale
Oct 15, 2026
$875,000
Initial Listing
Sold
Nov 2, 2021
$820,000
Public Record
Sold
Mar 30, 2001
$363,000
Public Record