511 Southview Terrace, Santa Cruz, California 95060, Santa Cruz, 95060 - 3 bed, 3 bath
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511 Southview Terrace
Santa Cruz, California 95060
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,673Sq Ft
1,699Lot Size
Property Price
LIST PRICE$1,399,000
EST. MARKET VALUE
$1,463,181
4% BelowMARKET VALUE
SUMMARY
This Stunning Coastal Townhome is a Strong Value Opportunity, listed at $1,399,000—positioned well below the $1,463,181 Fair Market Value by 4%. This valuation gap offers $64,181 in Instant Equity. Featuring an Excellent Condition Rating with recent upgrades, the home offers Ocean Views, a Private Balcony, and a Two-Car Garage. Located near Top-Rated Schools like Westlake Elementary and Santa Cruz High, this property is an ideal fit for Owner-Occupants seeking a coastal lifestyle or Buy-and-Hold Investors targeting rental demand.
Estimated Market Value
$1,463,181+$64,181 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Cruz.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004 (20 years old), the property is well-maintained and move-in ready. It features recent cosmetic improvements including brand-new carpet, fresh paint, and a new stainless steel stove and range hood. While the kitchen cabinetry and bathroom fixtures are original to the 20-year-old construction, they remain in functional and clean condition.
PROSSTRENGTHS & OPPORTUNITIES
- Coastal Views
The property features rare and stunning ocean views from the living room, primary suite, and private balcony, significantly increasing its desirability in the Santa Cruz market.
- Low-Maintenance Privacy
As a fully detached townhome with an exceptionally low $190/month HOA fee, it offers the privacy of a single-family residence combined with the convenience of a low-maintenance lifestyle.
- Strategic Westside Location
Ideally situated in the coveted Westside near UCSC, Wilder Ranch, and local amenities, the home offers exceptional rental potential and a high-quality coastal lifestyle.
CONSRISKS & DEFICIENCIES
- 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 = 1699, living area = 1673.
- Minimal Lot Size
With a lot size of only 1,699 square feet, the property offers very limited outdoor space and yard area compared to traditional single-family homes in the area.
- Townhome Ownership Structure
Despite being detached, the townhome classification may deter buyers seeking traditional fee-simple single-family ownership or those preferring to avoid HOA oversight.
About 511 Southview Terrace
Rare opportunity to own ocean views from a fully detached townhome in Santa Cruz's coveted Westside! This 3-bedroom, 2.5-bath home offers the privacy of a single-family residence with the convenience of low-maintenance living. Enjoy stunning ocean views from the living room, primary suite, and private balcony, perfect for morning coffee or relaxing while taking in the coastal scenery. The bright, spacious interior features an expansive kitchen, brand-new carpet, fresh paint touch-ups, and a new stove and range hood. Multiple balconies and a private landscaped backyard provide inviting outdoor spaces to enjoy the Santa Cruz sunshine. Additional highlights include a spacious attached two-car garage and exceptionally low HOA dues of just $190/month. Ideally located near local shops, popular breweries, wineries, coffee shops, and restaurants, with easy access to Wilder Ranch State Park, Davenport, West Cliff Drive, and some of Santa Cruz's most beautiful beaches. Just minutes from UCSC, this property also offers attractive rental potential. Whether a primary residence, coastal retreat, or investment, this rare Westside gem delivers ocean views, privacy, recent improvements, and an exceptional location. Experience the best of Santa Cruz coastal living! Don't miss it!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 1,699 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $190.0 / Month
Neighborhood Insights
Santa Cruz Unified Schools
Westlake Elementary School
Grades K-5 • 1.2 mi
7/10
Mission Hill Middle School
Grades 6-8 • 1.5 mi
6/10
Santa Cruz High School
Grades 9-12 • 1.5 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 1,673 | 1,703.516 |
| Lot Size | 1,699 | 6,974.558 |
| Price | $1.40M | $1.64M |
| Price per sq ft | $836 | $944 |
| Built year | 2004 | 1972 |
| HOA | $190.0 | $984 |
| Days on market | 15 | 43 |
Pricing History
Listed for Sale
Oct 9, 2026
$1,399,000
Initial Listing
Sold
Nov 21, 2012
$582,500
Public Record