507 Market Street, Santa Cruz, California 95060, Santa Cruz, 95060 - 3 bed, 3 bath

507 Market Street, Santa Cruz, California 95060 home-pic-0

507 Market Street

Santa Cruz, California 95060

ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,303Sq Ft
12,589Lot Size

Property Price

LIST PRICE$899,900

SUMMARY

Analysis of 507 Market Street, Santa Cruz, California 95060 is currently available with a list price of $899,900. 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 Santa Cruz 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.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and shows evidence of significant updates and meticulous maintenance despite its 1944 original construction. The interior features updated kitchen cabinetry, stone countertops, and modern bathroom finishes, while the exterior boasts a high-end professional outdoor kitchen and extensive landscaping. While the fragmented layout and age of the core structure prevent an 'excellent' rating, the overall quality and lack of deferred maintenance align with the 'good' condition category.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12589, living area = 1303.

  • Prime Coastal Location

    Ideally situated within walking distance to downtown Santa Cruz, the Beach Boardwalk, and premium local markets, offering an exceptional urban-coastal lifestyle with easy highway access.

  • Exceptional Outdoor Living

    The expansive 0.43-acre lot features rare Branciforte Creek frontage, a professional-grade outdoor kitchen, and a meticulously landscaped Zen garden, creating a private sanctuary for entertaining.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1303, other record living area = 1139. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.

  • Fragmented Floor Plan

    The primary residence is configured as a one-bedroom home with other rooms separated from the main living area, which may not suit buyers looking for a traditional contiguous family layout.

  • Vintage Infrastructure

    Originally constructed in 1944, the property may require modern updates to its core systems or structural elements to align with contemporary building standards and efficiency.

About 507 Market Street

Coming soon sale home! An amazing Santa Cruz 1 bed, 2 extra rooms, 3 full bath property located near beaches and harbor, and the Santa Cruz Beach Boardwalk, Branciforte Creek runs through the back yard, with a garden area and a beach just across the creek. It is walking distance to downtown Santa Cruz, DeLaveaga Park, Whole Foods, Starbucks, and local markets like Shoppers Corner and The Buttery. Easy access to highways 1 and 17 for commuting. There are 1 bed, 1 bath on the main house, 1 art Studio, 1 extra bedroom and 2 full bathrooms. : Approx 800+ SqFt, approx Lot Size: 18,862 SqFt (approx 0.433 Acres) There are 1 cargarage with work bench and storage and off-street parking for up to 6 vehicles, laundry hook-ups, work bench and storage, wet bar, and a bonus room. Main House Layout & Features includes main kitchen and living area, one bedroom, one full bath, sunroom, and a deck overlooking the creek Beautifully landscaped yard with multiple gazebos and a Zen Garden. Outdoor Kitchen Includes hot and cold running water, large commercial sink, covered prep station, refrigerator, gas grill, and plenty of counter space, gas fire table and seating area for relaxation.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1944
Lot Size
12,589 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

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
61%
Square foot1,3031,489
35%
Lot Size12,5897,144
74%
Price$899.9K$1.32M
5%
Price per sq ft$691$866
26%
Built year19441969
23%
HOA$0$0
50%
Days on market3169
2%

Pricing History

Listed for Sale

Mar 4, 2026

$899,900

Initial Listing

Sold

Dec 5, 1997

$195,000

Public Record

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