529 Capitola Avenue, Capitola, California 95010, Capitola, 95010 - 2 bed, 2 bath
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529 Capitola Avenue
Capitola, California 95010
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,426Sq Ft
4,312Lot Size
Property Price
LIST PRICE$2,515,000
EST. MARKET VALUE
$2,590,503
SUMMARY
This Turnkey Coastal Residence is a High-Potential Investment Opportunity, listed at $2,515,000—positioned well below the $2,590,503 Fair Market Value by 2%. This valuation gap offers $75,503 in Instant Equity. Featuring a Condition Rating of 2, the home boasts a Chef’s Kitchen with premium appliances and a 575 sq. ft. ADU for rental income. Located steps from the Capitola Esplanade, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury beach lifestyle.
Estimated Market Value
$2,590,503
Based on Realkey algorithm analyzing recent comparable sales in Capitola.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 529 Capitola Avenue Subject | $2,515,000* List Price | 2 | 2 | 1,426 | $1,817 | - |
A 420 Pilgrim Drive Active | $2,200,000 List Price | 2 | 2 | 1,193 | $1,844 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1860, the property has undergone a complete high-end renovation within the last few years, including new plumbing, electrical systems, insulation, and thermal windows. The interior features a mint-condition chef's kitchen with premium Wolf and Subzero appliances, and the property includes a newly constructed garage and ADU.
PROSSTRENGTHS & OPPORTUNITIES
- Luxury Modernized Kitchen
The home features a high-end chef's kitchen with walnut cabinetry, Wolf and Subzero appliances, and soapstone countertops, seamlessly blending modern luxury with historic charm.
- Income-Generating ADU
A newly constructed 2-car garage includes a 575 sq. ft. 1-bedroom ADU above, providing excellent potential for rental income, a guest suite, or a private home office.
- Prime Coastal Location
Situated just blocks from the Capitola Esplanade and the beach, the property offers a highly walkable lifestyle near iconic local amenities like Gayle's Bakery.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1426, other record living area = 1266.
- Limited Main Living Area
With only two bedrooms and 1,426 square feet in the main residence, the living space may feel restrictive for larger families or those requiring more interior volume.
- High Price Point for Lot Size
The $2.5M+ asking price on a modest 4,312 sq. ft. lot represents a premium valuation that may challenge buyers looking for more expansive outdoor space.
About 529 Capitola Avenue
Capitola is rich in central coast history & continues to be a vacation destination for beach living & foodies paradise. This home is 1 of the oldest in Capitola built in 1860. A lot has changed but its location is just a few blocks to the esplanade, dangerously close to Gayles Bakery & close to HWY 1. This 2 bed.1.5 bath home retains its charm from the past years. But, the Dutch front door, thats where the modern conveniences begin. New wall electric system, new plumbing, thermal pane windows, insulated walls & floors, & hickory flooring bring this home to 2026. The crowning glory of the home is an awe inspiring chefs kitchen that features walnut cabinetry, Wolf gas range, glass door subzero refrigerator/freezer, Shaw farmhouse clay sink, island covered by soapstone countertops & handmade tile backsplash. Generous dining area & custom lighting from artisan Roys Lighting. Upstairs has lots of dormer windows & hickory flooring. Shower & tile in the bathroom complimented by the natural light from the windows. Outside is tastefully landscaped. Spa & outdoor shower & privacy fenced yard. Newly constructed 2 car garage provides parking & storage space. Above the garage 575 sq. ft. 1 bed.1 bath ADU with a kitchenette & living area or a rental for income. Peaks of the Ocean! Ready Now!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1860
- Lot Size
- 4,312 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,426 | 1,666.857 |
| Lot Size | 4,312 | 5,196 |
| Price | $2.52M | $1.72M |
| Price per sq ft | $1.8K | $1.2K |
| Built year | 1860 | 1968 |
| HOA | $0 | $0 |
| Days on market | 35 | 35 |
Pricing History
Listed for Sale
Aug 5, 2026
$2,515,000
Initial Listing
Sold
Nov 13, 2018
$968,000
Public Record
Sold
Oct 8, 2009
$494,000
Public Record