
Aptos, California 95003
This Contemporary Coastal Residence is a Prime Investment Opportunity, listed at $1,650,000—positioned well below the $1,690,079 Fair Market Value by 2%. This valuation gap offers $40,079 in Instant Equity. Featuring an Excellent Condition Rating, the home boasts Panoramic Ocean Views, a Detached Bonus Studio, and EV Charging. Located near Rio Del Mar Elementary, this property balances lifestyle luxury with financial stability. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, move-in ready coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 555 Vista Del Mar Drive Subject 2 bd · 3 ba · 2,138 sqft · $785 | $1,650,000* List Price | 2 | 3 | 2,138 | $785 | - |
A 525 Clubhouse Drive Sold 3 bd · 3 ba · 1,778 sqft · $675 · 0.2 mi | $1,200,000 | 3 | 3 | 1,778 | $675 | 0.2 mi |
B 530 Santa Marguarita Drive Sold 4 bd · 4 ba · 2,236 sqft · $727 · 0.1 mi | $1,625,000 | 4 | 4 | 2,236 | $727 | 0.1 mi |
C 427 Sumner Avenue Sold 3 bd · 2 ba · 1,980 sqft · $682 · 0.7 mi | $1,350,000 | 3 | 2 | 1,980 | $682 | 0.7 mi |
D 419 Ewell Avenue Sold 4 bd · 2 ba · 1,987 sqft · $847 · 0.4 mi | $1,682,000 | 4 | 2 | 1,987 | $847 | 0.4 mi |
E 562 Cuesta Drive Sold 3 bd · 3 ba · 1,911 sqft · $675 · 0.2 mi | $1,290,000 | 3 | 3 | 1,911 | $675 | 0.2 mi |
F 125 Dovewood Lane Sold 4 bd · 2 ba · 1,919 sqft · $990 · 0.9 mi | $1,900,000 | 4 | 2 | 1,919 | $990 | 0.9 mi |
G 142 Thunderbird Drive Sold 3 bd · 3 ba · 1,948 sqft · $847 · 0.8 mi | $1,650,000 | 3 | 3 | 1,948 | $847 | 0.8 mi |
H 412 Sumner Avenue Active 2 bd · 2 ba · 1,957 sqft · $690 · 0.8 mi | $1,350,000 List Price | 2 | 2 | 1,957 | $690 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1973, the property has undergone significant renovations that keep it in move-in ready condition. The kitchen features functional but dated black tile countertops (likely 15-20 years old), while the flooring, paint, and vaulted ceilings appear modern and well-maintained. The inclusion of EV charging indicates updated electrical systems, and the overall structure shows no signs of the neglect typical of its chronological age.
The property offers exceptional, unobstructed views of Monterey Bay and the Santa Cruz Mountains from nearly every window and expansive entertainment decks, significantly enhancing its market value.
A 256-square-foot detached bonus studio with ocean views and a half bath provides a highly flexible space for a professional home office, creative retreat, or guest accommodations.
Situated in a highly sought-after coastal neighborhood, the home is minutes away from premier beaches, surfing, golf courses, and local dining, offering an ideal California lifestyle.
With only two bedrooms in the main 2,138-square-foot residence, the property may have limited appeal for larger families or buyers requiring more traditional sleeping quarters.
Built in 1973, the home may require updates to its original systems or structural elements to meet modern energy efficiency standards and contemporary aesthetic expectations.
Imagine waking each day above the Pacific, with sweeping views of Monterey Bay and the Santa Cruz Mountains. This is a rare opportunity to make the California coast part of everyday life. In sought after Rio Del Mar, this contemporary home occupies a rare ocean and mountain view lot, minutes from beaches, surfing, hiking, golf, restaurants, and local shops. Equally suited to full-time living, a weekend escape, or working remotely and recharging. Designed to maximize its panoramic surroundings, the home features vaulted ceilings, abundant glass, and expansive entertainment decks. Views unfold from nearly every window. The loft-like main level connects the kitchen, dining area, wet bar, and living room, with decks extending the living space outdoors for entertaining and spectacular sunsets. The 2,138-square-foot main residence includes an ocean view primary suite with a fireplace and oversized soaking tub and a second bedroom and bathroom with green-hill views. A detached 256-square-foot bonus studio with ocean views, half bath, and private garden offers flexible space for an office, art studio, workshop, or guest retreat. A two-car garage with EV charging completes the property. A unique blend of privacy, architecture, and nature. A place where coming home feels truly special.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 0.6 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 2.8 |
| Square foot | 2,138 | 1,816.212 |
| Lot Size | 6,447 | 8,283.692 |
| Price | $1.65M | $1.38M |
| Price per sq ft | $772 | $765 |
| Built year | 1973 | 1977 |
| HOA | $0 | $244 |
| Days on market | 45 | 60 |
Sep 9, 2026
$1,650,000
Initial Listing
Jun 12, 2014
$600,000
Public Record