
Aptos, California 95003
This Dual-Living Coastal Residence is a Strong Value Opportunity, listed at $1,292,000—positioned well below the $1,450,317 Fair Market Value by 10%. This valuation gap offers $158,317 in Instant Equity for the savvy buyer. Maintaining a Condition Rating of 3, the property features two independent levels with private entrances and a private deck, ideal for generating significant rental income. Located less than a half-mile from Aptos Village, the home offers premium walkability to local dining and shops. This versatile asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in a prime coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 601 Burns Ave Subject | $1,292,000* List Price | 4 | 4 | 2,142 | $677 | - |
A 105 Sea Terrace Way Sold | $1,360,000 | 4 | 3 | 2,374 | $573 | 0.3 mi |
B 405 Dorsey Avenue Sold | $1,490,000 | 3 | 2 | 1,976 | $754 | 0.9 mi |
C 307 Moosehead Drive Active | $1,600,000 List Price | 4 | 2 | 2,226 | $719 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from recent cosmetic updates, including fresh interior paint and new carpeting. While the kitchen and bathrooms feature dated elements such as 1980s/90s-style tile countertops and older cabinetry, they appear clean and fully functional. The exterior deck shows some minor paint peeling, but the overall structure and interior presentation are well-maintained, meeting the criteria for a property that is functional and ready for occupancy without immediate major renovation.
The property features two completely separate living levels with private entrances and independent furnaces, making it an ideal setup for rental income, extended guests, or multi-generational families.
Situated less than a half-mile from Aptos Village, the home offers exceptional walkability to boutique shops, farm-to-table restaurants, and local farmers markets, fostering a community-focused lifestyle.
The floor plan provides unique flexibility, as the interior access between levels can be easily re-opened, allowing the home to function as either a large single-family residence or two distinct units.
Built in 1966, the property may require ongoing maintenance or modernization of original systems and fixtures to meet the expectations of buyers seeking a fully contemporary coastal home.
While the property has four bathrooms in total, each level only contains one full bath, which may create a bottleneck for the three-bedroom lower unit during high-occupancy periods.
OPEN HOUSE SATURDAY 4/11 - 12PM-3PM. Location Location Location - Ideal Setup for Multi-Generational Living, Investment Opportunity, Extended Guests, or Savvy Homeowners Seeking Rental Income Potential in the Heart of Aptos. (2) Completely Separate Levels of Living with Private Entrances. Interior Access to Lower Level Unit can be Easily Re-Opened by Removing Sheetrock. 1st Level Includes Bright, Open Living Areas - Spacious Family, Dining, & Kitchen with 1/2 Bath. Plus 1 Bedroom & 1 Full Bath. Fresh Interior Paint & New Carpet. The Elevated Position Offers Peaceful Views of the Surrounding Neighborhood and Hints of the Coastal Landscape Beyond. The Cozy & Independent Lower Level Includes: 3 Bedrooms, 1 Full Bath, 1/2 Bath, & Oversized Family Room & Kitchen. (2) Separate Furnaces. 2 Car Garage PLUS Ample Off-Street Parking. Property is Located Less than 1/2 Mile from Aptos Village - Walk to Quaint Shops, Farm-to-Table Restaurants, Farmers Market & More. This Home Places you at the Center of a Laid-Back, Community-Focused Lifestyle with Modern Conveniences & Easy Access to Stunning Beaches & Outdoor Adventures. This Rare Dual-Living Opportunity Combines Functionality with Coastal Appeal in one of Aptos's Most Desirable Central Locations!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 4.0 | 3.0 | 85% |
| Square foot | 2,142 | 1,935 | 63% |
| Lot Size | 5,881 | 6,795 | 40% |
| Price | $1.29M | $1.60M | 28% |
| Price per sq ft | $603 | $850 | 13% |
| Built year | 1966 | 1974 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 181 | 3% |
Mar 27, 2026
$1,292,000
Initial Listing
Jun 24, 2010
$570,000
Public Record