457 Monterey Drive, Aptos, California 95003, Aptos, 95003 - 3 bed, 3 bath
457 Monterey Drive
Aptos, California 95003
Property Price
SUMMARY
Analysis of 457 Monterey Drive, Aptos, California 95003 reveals a Fairly Priced Property with a current list price of $1,425,000 aligned with the estimated $1,396,263 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Aptos Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 457 Monterey Drive Subject | $1,425,000* List Price | 3 | 3 | 1,800 | $776 | - |
A 303 Dry Creek Road Sold | $1,385,000 | 3 | 3 | 1,817 | $762 | 0.5 mi |
B 531 Humes Avenue Sold | $1,210,000 | 3 | 2 | 1,558 | $777 | 0.2 mi |
C 640 Rio Del Mar Boulevard Sold | $1,250,000 | 2 | 2 | 1,467 | $852 | 0.3 mi |
D 404 Belle Monti Court Sold | $1,490,000 | 3 | 2 | 1,888 | $789 | 0.5 mi |
E 405 Dorsey Avenue Sold | $1,490,000 | 3 | 2 | 1,976 | $754 | 0.3 mi |
F 538 Clubhouse Drive Sold | $1,015,000 | 3 | 2 | 1,304 | $778 | 0.2 mi |
G 615 Clubhouse Drive Active | $1,395,000 List Price | 4 | 2 | 1,817 | $768 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained, featuring recent cosmetic updates including new paint and new carpets. The kitchen is functional and updated with granite countertops, wood cabinetry, and stainless steel appliances. The primary bathroom features a modern walk-in shower with dual heads. While the home was built in 1965, the contemporary design with vaulted ceilings and skylights, along with the recently refinished garage bonus room, indicates consistent upkeep and partial renovations that meet the 'good' criteria without requiring immediate major repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Bonus Space
The property features a recently refinished garage that includes a large, bright bonus room with a half bath, offering excellent flexibility for a home office, guest suite, or gym.
- Abundant Natural Light
With vaulted ceilings, skylights, and ideal southern exposure, the home is filled with natural light, creating an open and airy contemporary atmosphere.
- Prime Coastal Location
Situated in a quiet neighborhood, the home offers a convenient lifestyle with easy walking access to Deer Park Shopping Center and close proximity to Rio Del Mar beach.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5227, other record lot size in square feet = 5576. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1800, other record living area = 1755.
- Modest Lot Size
At 5,227 square feet, the lot size is relatively small for the area, which may limit outdoor activities or future expansion possibilities for some buyers.
- Market Positioning
The property has already seen a significant price reduction from its original list price, which may suggest initial overpricing or a need for more aggressive marketing to attract buyers.
About 457 Monterey Drive
MOVE IN READY, NEW PAINT AND NEW CARPETS....Beautiful contemporary home located in a quiet residential neighborhood with ideal southern exposure. Vaulted ceilings and skylights fill the home with natural light creating an open, airy atmosphere throughout. Kitchen features dramatic wood cabinetry, center island, granite counters, and views to the delightful natural landscaping with a flowering cherry tree, fruit trees and fire pit area, Primary bedroom has a walk in shower with dual shower heads and two large closets. Warm wood laminate floors gives the home style and grace. But most exciting is the garage, recently refinished, and includes a large bright bonus room with half bath. The location creates a convenient lifestyle with an easy walk to Deer Park Shopping Center. Enjoy an elegant dining experience at Bittersweet or grab some pizza and head to Rio Del Mar beach. This home is a rare blend of modern design, natural light, and peaceful surroundings ready to bring you home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 • 0.9 mi
Aptos Junior High School
Grades 7-8 • 0.6 mi
Aptos High School
Grades 9-12 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,800 | 1,935 | 41% |
| Lot Size | 5,227 | 7,754 | 27% |
| Price | $1.43M | $1.49M | 48% |
| Price per sq ft | $792 | $788 | 52% |
| Built year | 1965 | 1975 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 166 | 1% |
Pricing History
Listed for Sale
Mar 6, 2026
$1,425,000
$1,549,000
-8% Price Drop
Initial Listing
Price Change
Feb 20, 2026
$1,549,000
Initial Listing
Sold
Apr 5, 2013
$675,000
Public Record
Sold
Dec 21, 2012
$528,000
Public Record