
Santa Cruz, California 95060
This Historic 1927 Santa Cruz Residence is a Prime Investment Opportunity with a List Price of $1,099,000—positioned well below the $1,134,736 Fair Market Value by 3%. This valuation provides $35,736 in Instant Equity. Boasting a Move-in Ready Condition Rating, the home features an updated kitchen, modernized baths, and refinished hardwood floors while preserving its original wood craftsmanship. Located on a quiet street with towering redwood views, it offers elite walkability to downtown and the coast. It is ideal for Owner-Occupants or first-time buyers seeking a turnkey, character-rich home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 519 Walnut Subject | $1,099,000* List Price | 2 | 2 | 1,394 | $814 | - |
A 136 Neary Street Sold | $1,279,000 | 3 | 3 | 1,254 | $1,020 | 0.4 mi |
B 148 Mason Street Sold | $1,270,000 | 4 | 3 | 1,923 | $660 | 0.5 mi |
C 215217 Roberts Street Active Under Contract | $995,000 List Price | 2 | 2 | 1,338 | $744 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1927 historic home is in move-in ready condition, featuring extensive recent updates that blend modern functionality with period charm. The kitchen and bathrooms have been modernized with shaker-style cabinetry, butcher block and stone surfaces, and contemporary tile work. The interior shows high-quality maintenance with refinished hardwood floors, updated recessed lighting throughout, and fresh paint, meeting the criteria for a well-maintained, renovated older property.
Built in 1927, this home features exceptional period details, including warm wood accents and built-in craftsmanship that provide a unique character and soul often missing in modern construction.
Ideally situated near downtown Santa Cruz, the property offers high walkability to local cafes, shops, parks, and the coastline, making it perfect for those seeking a vibrant, community-oriented lifestyle.
The kitchen and bathrooms have been thoughtfully updated to offer modern comfort and functionality while carefully honoring the home's original architectural integrity.
With a lot size of just 3,615 square feet, the outdoor space is relatively compact, which may be a drawback for buyers seeking large yards or significant expansion potential.
Given the home's age of nearly 100 years, buyers should anticipate the ongoing maintenance and potential infrastructure updates typical of historic 'stewardship' properties.
Tucked away on a quiet street near downtown Santa Cruz, sits a living piece of history radiating character, warmth, and simple grace. Homes like this are rare, not simply because of their age, but because of the feeling they carry. Warm wood details, built-in craftsmanship, and sun-filled spaces reflect the thoughtful craftsmanship of another era, a time when homes were designed to feel intimate, welcoming, and enduring, Towering redwoods frame the view from almost all rooms, creating a sense of privacy and a peaceful connection to nature that feels distinctly Santa Cruz. The updated kitchen and baths offer modern comfort while honoring the soul and architectural integrity of the home. Set on a side street that feels more like a neighborhood than a road, 519 Walnut is part of a community where neighbors know each other, and families have stayed for generations, and life unfolds at a human pace. The best of Santa Cruz is a short walk away, cafés, shops, parks, and the coastline. Owning a home like this is less about possession and more about stewardship, becoming the next chapter in a home that has already held so much life. At 519 Walnut, you don't simply live in Santa Cruz, you become part of its story.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,394 | 1,706 | 39% |
| Lot Size | 3,615 | 7,057 | 21% |
| Price | $1.10M | $1.36M | 14% |
| Price per sq ft | $788 | $837 | 40% |
| Built year | 1927 | 1977 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 96 | 11% |
Mar 29, 2026
$1,099,000
$1,150,000
-4% Price Drop
Initial Listing
Mar 12, 2026
$1,150,000
Initial Listing