513 Encino Drive, Aptos, California 95003, Aptos, 95003 - 3 bed, 3 bath
513 Encino Drive
Aptos, California 95003
Property Price
SUMMARY
Analysis of 513 Encino Drive, Aptos, California 95003 reveals a Prime Investment Opportunity with a current list price of $1,299,000—significantly undercutting the $1,386,788 Fair Market Value by 6%. This valuation gap indicates a +$87,788 Instant Equity potential for buyers. 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 Aptos 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 513 Encino Drive Subject | $1,299,000* List Price | 3 | 3 | 1,821 | $762 | - |
A 538 Cuesta Drive Sold | $1,274,000 | 4 | 3 | 2,002 | $636 | 0.5 mi |
B 609 Encino Drive Sold | $1,155,000 | 3 | 3 | 2,250 | $513 | 0.1 mi |
C 210 Wingfoot Drive Sold | $1,600,000 | 3 | 2 | 1,865 | $858 | 0.6 mi |
D 806 Clubhouse Drive Sold | $1,649,000 | 4 | 3 | 1,857 | $888 | 0.7 mi |
E 6932 Freedom Boulevard Sold | $1,650,000 | 4 | 3 | 2,405 | $686 | 1.0 mi |
F 801 Cresta Vista Way Active | $1,198,000 List Price | 3 | 3 | 1,658 | $723 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant interior updates, including a remodeled kitchen with granite countertops and stainless steel appliances, updated bathrooms, new carpeting, and fresh interior/exterior paint. While the home was built in 1988, the extensive modernization of key areas like the kitchen and bathrooms, combined with the well-maintained appearance described and shown, aligns with the 'good' condition criteria.
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 = 13416, living area = 1821.
- Prime Coastal Location
Ideally situated within a short bike ride to the beach and walking distance to Deer Park Market Place, offering a perfect blend of convenience and coastal lifestyle.
- Modernized Interior
The home features a remodeled kitchen with granite countertops, updated bathrooms, and fresh finishes throughout, providing a turnkey experience for buyers.
CONSRISKS & DEFICIENCIES
- 1980s Infrastructure
While the interior is updated, the 1988 construction may necessitate future inspections or upgrades to original major systems like roofing or plumbing.
- Segmented Floorplan
The master suite's separation from the other bedrooms by an open office area may be less desirable for families seeking a traditional clustered bedroom layout.
About 513 Encino Drive
A well-designed home built for privacy and easy living on over 1/3 of an acre. Ideally located, an easy bike ride to sand beach and walk to Deer Park Market Place. Plenty of sun-drenched space both inside and out. Open and spacious floorplan with high ceiling and fireplace in living room. Updated finishes and fixtures, recessed lights and new carpet, hardwood floor in dining room and remodeled kitchen with stainless steel appliances and granite countertops, updated bathrooms and inside laundry, newer exterior and interior paint. Master bedroom suite with balcony separated from two additional bedrooms by a home office/den/library open space. The natural backyard landscape is an enjoyable view from the wrap around deck. Attached 2-car garage and under house storage.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 13,416 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
Aptos Unified Schools
Rio Del Mar Elementary School
Grades K-6 • 0.9 mi
Aptos Junior High School
Grades 7-8 • 0.4 mi
Aptos High School
Grades 9-12 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,821 | 1,935 | 42% |
| Lot Size | 13,416 | 8,320 | 71% |
| Price | $1.30M | $1.49M | 36% |
| Price per sq ft | $713 | $786 | 34% |
| Built year | 1988 | 1976 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 165 | 3% |
Pricing History
Listed for Sale
Feb 5, 2026
$1,299,000
Initial Listing
Sold
Oct 2, 2020
$950,000
Public Record