
Santa Cruz, California 95062
This property presents a High-Potential Investment Opportunity with a List Price of $1,099,000—positioned well above the $915,594 Fair Market Value by -20%. While the home requires significant modernization due to its Condition Rating of 5, the Prime Eastside Location and Versatile Corner Lot provide a solid foundation for value-add renovations. The original character and detached garage offer rare utility in the Seabright area. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive interior and systems overhaul.
Property is extensive renovation needed.
Built in 1938 and on the market for the first time in decades, the home is significantly dated. While described as 'well cared for,' the age of the structure and lack of recent renovations (likely 30-50 years) suggest the need for a full rehab of the kitchen, bath, and core systems like HVAC and electrical to meet modern standards.
Situated in the highly sought-after Seabright area, the property offers excellent walkability to popular local restaurants, shopping, and coastal amenities.
The 5,097 sqft corner lot includes a large fenced garden, a detached garage, and a storage shed, providing rare outdoor utility and potential for expansion.
Offered for the first time in decades, this home features original hardwood floors and a wood stove, reflecting a high level of care and pride of ownership.
With only 900 square feet and a single bathroom, the compact footprint may be restrictive for buyers seeking modern spaciousness or family-sized accommodations.
Built in 1938, the property likely requires updates to its core systems and finishes to meet contemporary energy efficiency and design standards.
Sweet single-level home in a desirable Eastside location. Features 2 Br/1 bath, 900 Sq. feet, a corner lot, a detached garage, a storage shed, and a large fenced garden area. Solid home with hardwood floors in the dining area and a wood stove for warmth. This home is on the market for the first time in decades and has been well cared for. The location is ideal, near all the Seabright area restaurants and great shopping.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 900 | 1,703.516 |
| Lot Size | 5,097 | 6,974.558 |
| Price | $1.10M | $1.64M |
| Price per sq ft | $1.2K | $944 |
| Built year | 1938 | 1972 |
| HOA | $0 | $984 |
| Days on market | 13 | 43 |
Oct 11, 2026
$1,099,000
Initial Listing