460 Lake Avenue, Santa Cruz, California 95062, Santa Cruz, 95062 - 2 bed, 2 bath
Loading property details...
460 Lake Avenue
Santa Cruz, California 95062
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,600Sq Ft
2,000Lot Size
Property Price
LIST PRICE$2,399,000
EST. MARKET VALUE
$2,178,943
10% AboveMARKET VALUE
SUMMARY
This Architecturally Distinctive Coastal Residence is a Strong Value Opportunity, listed at $2,399,000—positioned above the $2,178,944 Fair Market Value. While priced at a premium, the property offers a Condition Rating of 3, featuring Miele stainless appliances and pristine hardwood floors. The home provides a unique lifestyle with panoramic harbor and ocean views, a private rear patio with an outdoor kitchen, and a flexible bonus room. This property is an ideal acquisition for Luxury Homeowners or Coastal Lifestyle Seekers prioritizing location and views over immediate equity.
Estimated Market Value
$2,178,943
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 |
|---|---|---|---|---|---|---|
★ 460 Lake Avenue Subject 2 bd · 2 ba · 1,600 sqft · $1,362 | $2,399,000* List Price | 2 | 2 | 1,600 | $1,362 | - |
A 417 Alta Loma Lane Sold 2 bd · 2 ba · 1,723 sqft · $1,277 · 0.1 mi | $2,200,000 | 2 | 2 | 1,723 | $1,277 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1992 (32 years old), the property exceeds its age bracket due to exceptional maintenance and 'fresh updates.' The kitchen features high-end Miele stainless appliances and the living areas have pristine hardwood floors. While the bathroom vanities and tile work in the kitchen/baths reflect a more dated aesthetic (>20 years), the home is move-in ready with a recently updated modern outdoor kitchen and vaulted architectural details.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location & Views
The property boasts an exceptional location with sweeping, unobstructed views of the Santa Cruz Yacht Harbor, the Pacific Ocean, and the Walton Lighthouse from multiple vantage points.
- Versatile Living Space
The floor plan offers high functional utility with a bonus room suitable for a third bedroom, a dedicated home office nook, and an open-concept main living area with vaulted ceilings.
- Premium Outdoor Amenities
A private rear patio featuring a full outdoor kitchen with a built-in barbecue and sink provides a high-end space for entertaining that is rare for coastal properties of this size.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1600, other record living area = 1652.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2000, living area = 1600.
- Limited Lot Size
The 2,000 square foot lot is relatively small, which restricts traditional yard space and may result in closer proximity to neighboring structures.
About 460 Lake Avenue
Wake up to sweeping views of the Santa Cruz Yacht Harbor, the ocean, and Walton Lighthouse from this architecturally distinctive home, with an exceptional coastal location. This bright and spacious home is approximately 1,600sf with 2 bedrooms, 2 bathrooms, and an attached 2-car garage. The main living area features an open floor plan with high ceilings, large windows and a balcony, all designed to take in the incredible views. Just off the kitchen is a private rear patio, featuring a full outdoor kitchen with a built-in barbecue and sink. DON'T MISS THE BONUS ROOM WHICH CAN SERVE AS A THIRD BEDROOM! On the way up to the primary suite, a generous landing offers the perfect nook for a home office. The primary bedroom features a vaulted ceiling with open beams and two balconies. The second bedroom, downstairs, has its own bathroom and provides an excellent separation of space. The location is incredible! Close to Twin Lakes Beach, The Crows Nest, The Santa Cruz Yacht Harbor, Java Junction, El Palomar, and more. Beautiful harbor and ocean views, flexible living space, and fresh updates combine to make this a truly special Santa Cruz property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 2,000 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,600 | 1,703.516 |
| Lot Size | 2,000 | 6,974.558 |
| Price | $2.40M | $1.64M |
| Price per sq ft | $1.5K | $944 |
| Built year | 1992 | 1972 |
| HOA | $0 | $984 |
| Days on market | 29 | 43 |
Pricing History
Listed for Sale
Sep 25, 2026
$2,399,000
Initial Listing
Sold
Feb 28, 2000
$735,000
Public Record