4355 Opal Cliff Drive, Santa Cruz, California 95062, Santa Cruz, 95062 - 4 bed, 4 bath
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4355 Opal Cliff Drive
Santa Cruz, California 95062
ACTIVE
CONDITION: GOOD
4Beds
4Baths
2,303Sq Ft
5,009Lot Size
Property Price
LIST PRICE$3,100,000
EST. MARKET VALUE
$2,792,957
10% AboveMARKET VALUE
SUMMARY
This Pleasure Point Beach Bungalow is a High-Potential Investment Opportunity, listed at $3,100,000—positioned above the $2,792,958 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3 and offers significant upside through its Vacation Rental Zoning and trademarked status. With a 2021 Solar System, 220-amp electrical upgrade, and Ocean Views, this asset is primed for high-yield short-term rental income. It serves as a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey coastal lifestyle in a premier surf hub.
Estimated Market Value
$2,792,957
Based on Realkey algorithm analyzing recent comparable sales in Santa Cruz.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4355 Opal Cliff Drive Subject | $3,100,000* List Price | 4 | 4 | 2,303 | $1,213 | - |
A 4150 Bye Way Sold | $3,250,000 | 4 | 5 | 3,165 | $1,027 | 0.1 mi |
B 4150 Bye Way Sold | $3,250,000 | 5 | 5 | 3,165 | $1,027 | 0.1 mi |
C 3813 Floral Active | $2,617,000 List Price | 3 | 3 | 2,032 | $1,288 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1972, the property is well-maintained and move-in ready with significant recent system upgrades including a 2021 solar system and a 220-amp electrical panel. The kitchen features recent acacia wood counter updates, and while some interior finishes like the tile flooring and mirrored closets appear dated, the home is functional and currently operating as a successful vacation rental.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the highly coveted Pleasure Point area, this property offers ocean views and is within walking distance to world-class surf spots, Capitola Village, and local boutique shopping.
- Proven Investment Potential
Located in a vacation rental zone with a successful history and a trademarked name ('Opal Cliff Beach House'), this home presents a turnkey opportunity for high-yield short-term rentals.
- Modern Sustainable Upgrades
The property features a 2021 Sandbar Solar System and an upgraded 220-amp electrical system, providing significant energy efficiency and infrastructure readiness for modern needs.
CONSRISKS & DEFICIENCIES
- High Price per Square Foot
With a list price of $3.1 million for a 5,009 square foot lot, the property commands a significant premium that may be sensitive to market fluctuations.
- Vintage Structural Elements
Built in 1972, the home may require further aesthetic or structural modernization beyond the recent upgrades to meet the expectations of luxury buyers in this price bracket.
About 4355 Opal Cliff Drive
Welcome to Pleasure Point - perfect beach bungalow offering the kick back life style so many are in need of these days. Vacation rental zone with a long history of successful vacation rentals over the years. Home offers 4 bedrooms and 4 full baths within this 2300+ square home. Permitted Four Seasons double pane enclosed glass sunroom with exterior deck for entertaining or just hanging out while you take in the cool ocean breeze. Fully fenced backyard with lush mature landscaping including a magnolia tree, Norfolk Pine, camellia, lemon and plum trees. Custom yoga gazebo along with relaxing hot tub. Within walking distance to famous surf hubs ( privates and the hook to name a few), up and coming Pleasure Point community, Capitola Village, Local restaurants, and boutique shopping. Close proximity to everything else Santa Cruz has to offer - Beach boardwalk, Santa Cruz Harbor and Wharf, Santa Cruz Warriors, Nisene Marks park in Aptos and the downtown garden mall. Property is trademark registered "Opal Cliff Beach House". Noted upgrades include Sandbar Solar System 2021, electrical system upgrade to 220 amp, and custom acacia wood kitchen counter top. Attached 2 car garage with workshop space. Investor development area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 5,009 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Santa Cruz Unified Schools
Branciforte Middle School
Grades 6-8 • 2.9 mi
6/10
Mission Hill Middle School
Grades 6-8 • 4.1 mi
6/10
Soquel High School
Grades 9-12 • 2.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.3 |
| Square foot | 2,303 | 1,697.986 |
| Lot Size | 5,009 | 6,864.608 |
| Price | $3.10M | $1.63M |
| Price per sq ft | $1.3K | $940 |
| Built year | 1972 | 1973 |
| HOA | $0 | $352 |
| Days on market | 13 | 38 |
Pricing History
Listed for Sale
Aug 27, 2026
$3,100,000
Initial Listing