509 Seascape Resort Drive, Aptos, California 95003, Aptos, 95003 - 2 bed, 3 bath
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509 Seascape Resort Drive
Aptos, California 95003
ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,309Sq Ft
1,263Lot Size
Property Price
LIST PRICE$1,185,000
EST. MARKET VALUE
$1,047,267
13% AboveMARKET VALUE
SUMMARY
This Seascape Resort Villa represents a High-Potential Investment Opportunity, listed at $1,185,000—positioned above the $1,054,247 Fair Market Value by 12%. While priced at a premium, the property maintains a Condition Rating of 3, featuring modern primary bathroom renovations and a turnkey resort lifestyle. With panoramic ocean views, direct beach access, and professional rental management, this asset is designed for those seeking a vacation lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or Second-Home Buyers prioritizing coastal amenities and passive income potential.
Estimated Market Value
$1,047,267
Based on Realkey algorithm analyzing recent comparable sales in Aptos.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 509 Seascape Resort Drive Subject | $1,185,000* List Price | 2 | 3 | 1,309 | $800 | - |
A 22 Seascape Resort Drive Sold | $998,000 | 2 | 2 | 1,311 | $761 | 0.3 mi |
B 1045 Via Tornasol Sold | $1,100,000 | 2 | 2 | 1,378 | $798 | 0.6 mi |
C 2104 Penasquitas Drive Sold | $899,000 | 2 | 2 | 1,221 | $736 | 0.4 mi |
D 2013 Dolphin Dr Sold | $960,000 | 3 | 2 | 1,436 | $669 | 0.4 mi |
E 1400 Dolphin Drive Sold | $892,500 | 2 | 2 | 945 | $944 | 0.4 mi |
F 2011 Dolphin Dr Sold | $960,000 | 3 | 2 | 1,436 | $669 | 0.4 mi |
G 7 Seascape Resort Drive Active | $999,500 List Price | 2 | 2 | 1,434 | $697 | 0.3 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 1998 (26 years old), the property exceeds the 'Fair' category due to significant renovations in the primary bathrooms, which feature modern glass enclosures, updated vanities, and contemporary fixtures. The unit is professionally managed and well-maintained, appearing move-in ready with no visible deferred maintenance, though some secondary areas like the half-bath retain older cabinetry.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location & Views
The villa boasts exceptional ocean views from the living area, primary suite, and private balconies, complemented by direct beach access and scenic blufftop walking paths.
- Turnkey Resort Lifestyle
Owners benefit from a comprehensive amenity package including multiple pools, an on-site ocean-view restaurant, and close proximity to Seascape Village for dining, shopping, and tennis.
- Income-Generating Potential
The professional on-site rental management program provides a seamless way to offset ownership costs by renting the unit during the periods it is not being used for personal vacation.
CONSRISKS & DEFICIENCIES
- Restricted Personal Occupancy
The property is subject to a 90-day annual limit for personal use, making it unsuitable for buyers seeking a full-time primary residence or long-term occupancy.
- High Monthly Carrying Costs
The association fee of $1,421 per month is significant and may impact the overall investment yield and monthly cash flow for the owner.
About 509 Seascape Resort Drive
There is something about Seascape Resort that slows time. The endless ocean, blufftop walking paths, and quiet benches overlooking Monterey Bay invite you to pause, breathe, and take in the ever-changing skies and colors of the coast. It is a sense of calm that is difficult to describe and impossible to forget. This 2-bedroom, 2.5-bath villa features beautiful ocean views from the living room, primary suite, and balconies that are even more impressive in person. The main level offers a kitchen, dining area, living room with fireplace, and half bath. Upstairs are two spacious en-suite bedrooms with vaulted ceilings, each with a king-size bed. Wake each morning to the spectacular ocean view from the primary suite. Enjoy the resort's pools, ocean-view restaurant, direct beach access, and scenic coastal walking paths, or stroll across the street to Seascape Village for dining, shopping, Seascape Foods, The Point Kitchen & Bar, and the Seascape Sports Club with tennis and pickleball. Seascape Resort ownership offers a unique vacation lifestyle with personal use for up to 90 days annually, with the balance of the year professionally managed through the resort's rental program.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1998
- Lot Size
- 1,263 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1421.0 / Month
Neighborhood Insights
Aptos Unified Schools
Rio Del Mar Elementary School
Grades K-6 • 0.7 mi
8/10
Aptos Junior High School
Grades 7-8 • 2.0 mi
5/10
Aptos High School
Grades 9-12 • 2.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.8 |
| Baths | 3.0 | 1.7 |
| Square foot | 1,309 | 1,069.833 |
| Lot Size | 1,263 | 1,864.2 |
| Price | $1.19M | $1.03M |
| Price per sq ft | $905 | $920 |
| Built year | 1998 | 1977 |
| HOA | $1421.0 | $1.5K |
| Days on market | 47 | 91 |
Pricing History
Listed for Sale
Jul 24, 2026
$1,185,000
Initial Listing
Sold
Jul 11, 2018
$700,000
Public Record
Sold
Oct 24, 2003
$587,000
Public Record
Sold
Dec 31, 1998
$395,000
Public Record
Sold
Jul 17, 1998
$365,000
Public Record