464 Hampstead Way, Santa Cruz, California 95062, Santa Cruz, 95062 - 4 bed, 3 bath
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464 Hampstead Way
Santa Cruz, California 95062
ACTIVE UNDER CONTRACT
CONDITION: GOOD
4Beds
3Baths
2,011Sq Ft
5,053Lot Size
Property Price
LIST PRICE$1,895,000
EST. MARKET VALUE
$1,697,949
11% AboveMARKET VALUE
SUMMARY
This Modern Coastal Sanctuary represents a Strong Value Opportunity, listed at $1,895,000—positioned well above the $1,697,950 Fair Market Value by -11%. While priced at a premium, the property offers a Condition Rating of 3, featuring high-end Wolf appliances and a permitted 1-bedroom Jr. ADU for flexible income potential. Located just two blocks from 26th Avenue Beach, this home provides a quintessential surf-lifestyle experience. It is an ideal acquisition for Owner-Occupants seeking rental income or Multigenerational Families desiring a versatile, move-in ready coastal retreat.
Estimated Market Value
$1,697,949
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 |
|---|---|---|---|---|---|---|
★ 464 Hampstead Way Subject | $1,895,000* List Price | 4 | 3 | 2,011 | $844 | - |
A 248 19th Avenue Sold | $2,200,000 | 4 | 3 | 2,113 | $1,041 | 0.4 mi |
B 106 Santina Court Sold | $1,499,000 | 3 | 3 | 2,123 | $706 | 0.8 mi |
C 910 Corcoran Avenue Sold | $1,725,000 | 3 | 2 | 1,512 | $1,141 | 0.4 mi |
D 656 24th Avenue Sold | $1,375,000 | 2 | 3 | 1,307 | $1,052 | 0.2 mi |
E 1500 Dougmar Drive Sold | $1,560,000 | 4 | 2 | 1,799 | $867 | 0.9 mi |
F 927 Corcoran Avenue Active Under Contract | $1,499,000 List Price | 3 | 2 | 1,412 | $1,062 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Originally built in 1943, this property has undergone significant renovations to become a modern coastal home. The main kitchen features high-end Wolf appliances and stone countertops, though the cabinetry reflects a slightly older renovation (approx. 10-15 years). Bathrooms have been updated with modern tile and fixtures. The addition of a permitted, modern ADU and the excellent condition of the exterior and systems make it move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated just two blocks from 26th Avenue Beach in the coveted Pleasure Point neighborhood, this property offers an exceptional walkable lifestyle near premier surf breaks, local coffee shops, and boutique dining.
- Versatile Living Configurations
The permitted 1-bedroom Jr. ADU with a private entrance provides rare floor plan flexibility, offering immediate rental income potential, a multigenerational suite, or the option to reintegrate into a large 4-bedroom home.
- Modern Coastal Design
The home features a light-filled interior with expansive windows, dual fireplaces, and a private fenced courtyard with a hot outdoor shower, perfectly catering to the quintessential Santa Cruz indoor-outdoor lifestyle.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2011, other record living area = 1856. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Vintage Structural Foundation
Originally constructed in 1943, the property may have age-related maintenance requirements or structural limitations common to older beach cottages, despite its modern aesthetic updates.
- Compact Lot Size
With a lot size of approximately 5,053 square feet, the outdoor space is primarily limited to courtyards, which may not satisfy buyers looking for a large traditional backyard or significant gardening space.
About 464 Hampstead Way
Tucked away on a quiet cul-de-sac just 2 blocks from 26th Avenue Beach464 Hampstead Way offers the best of Pleasure Point living. Originally a classic beach cottage, this modern coastal 4-bed, 3-bath sanctuary provides elevated character and rare floor plan flexibility: It currently functions as a 3-bed, 2-bath main home with a permitted 1-bed, 1-bath ADU. The light-filled 3BD/2BA main home features expansive windows, a wood-burning fireplace in the living room, and a gas fireplace in the kitchen nook. The versatile ground-floor bedroom easily functions as a remote office, playroom, or media room. Outside, enjoy a fully fenced courtyard for alfresco dining, complete with a hot outdoor shower for post-surf sessions. The permitted 1BD/1BA Jr. ADU features its own private entrance and secluded courtyard. Perfect for rental income to offset your mortgage, a multigenerational suite, or seamlessly connect it back to the main house for a spacious 4BD/3BA floor plan. Leave the car parked! Walk straight to 26th Ave Beach, local coffee shops, surf breaks, and boutique dining, or enjoy a scenic stroll along East Cliff Drive to Capitola Village. An unmatched blend of position, personality, and potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1943
- Lot Size
- 5,053 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 • 2.2 mi
6/10
Mission Hill Middle School
Grades 6-8 • 3.3 mi
6/10
Harbor 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 | 3.0 | 2.3 |
| Square foot | 2,011 | 1,697.986 |
| Lot Size | 5,053 | 6,864.608 |
| Price | $1.90M | $1.63M |
| Price per sq ft | $942 | $940 |
| Built year | 1943 | 1973 |
| HOA | $0 | $352 |
| Days on market | 29 | 38 |
Pricing History
Listed for Sale
Aug 11, 2026
$1,895,000
Initial Listing