
Capitola, California 95010
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $1,150,000—positioned well below the $1,126,899 Fair Market Value by -2%. While the property requires modernization, its Condition Rating of 4 allows for significant value-add potential through kitchen and interior updates. Located in the coveted Jewel Box neighborhood, this asset offers a rare coastal lifestyle near Capitola Village. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, customizable beach bungalow in a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4630 Jewel Street Subject | $1,150,000* List Price | 1 | 1 | 564 | $1,998 | - |
A 620 Sunset Drive Active | $1,000,000 List Price | 1 | 1 | 457 | $2,188 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property features recent cosmetic updates like new flooring and fresh paint, the core elements are dated. The kitchen retains older cabinetry, laminate countertops, and aged appliances consistent with a renovation over 20 years old. Given the 1948 build date and the modest nature of the updates, it requires further modernization to meet current market standards.
Situated in the highly coveted Jewel Box neighborhood, the property offers exceptional proximity to Capitola Village, world-class surfing at Pleasure Point, and local beaches.
The beautifully landscaped yard provides a secluded retreat for relaxation and entertaining, significantly expanding the usable living space of this coastal bungalow.
Featuring new flooring and a light-filled interior, this well-maintained home offers an inviting atmosphere perfect for a vacation getaway or a high-demand rental investment.
With only 564 square feet of living space and a single bedroom, the property’s utility is limited for families or buyers requiring more versatile indoor areas.
Despite a recent price reduction, the property maintains a premium price per square foot that may challenge appraisal values and narrow the pool of qualified buyers.
Tucked into Capitolas coveted Jewel Box neighborhood, 4630 Jewel St is a rare 1 bedroom, 1 bath gem that captures the essence of coastal charm. This special property offers a light, inviting interior with new flooring and an easy flow to the outdoor spaces. The beautifully landscaped yard creates a private retreat, perfect for relaxing, entertaining, or enjoying the coastal sunshine. Just moments from Capitola Village, beaches, shops, and dining, and close to Pleasure Point for some of the areas best surfing, this home delivers the ultimate blend of tranquility and convenience. Whether youre searching for a weekend escape, investment opportunity, or full-time beach bungalow, this is a truly unique offering in one of Capitolas most desirable locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.5 |
| Baths | 1.0 | 2.0 |
| Square foot | 564 | 1,556.5 |
| Lot Size | 3,180 | 6,120 |
| Price | $1.15M | $1.70M |
| Price per sq ft | $2.0K | $1.3K |
| Built year | 1948 | 1969 |
| HOA | $0 | $0 |
| Days on market | 78 | 32 |
May 20, 2026
$1,150,000
$1,299,000
-11% Price Drop
Initial Listing
May 6, 2026
$1,299,000
Initial Listing