609 Oak Drive, Capitola, California 95010, Capitola, 95010 - 3 bed, 1 bath
609 Oak Drive
Capitola, California 95010
Property Price
SUMMARY
Analysis of 609 Oak Drive, Capitola, California 95010 reveals a Prime Investment Opportunity with a current list price of $1,285,000—significantly undercutting the $1,400,484 Fair Market Value by 8%. This valuation gap indicates a +$115,484 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Capitola 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 |
|---|---|---|---|---|---|---|
★ 609 Oak Drive Subject | $1,285,000* List Price | 3 | 1 | 1,100 | $1,273 | - |
A 1749 43rd Avenue Sold | $1,150,000 | 2 | 1 | 832 | $1,382 | 0.5 mi |
B 624 Riverview Drive Active | $1,399,000 List Price | 2 | 1 | 950 | $1,473 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1932, this Spanish-style home has been extensively and tastefully renovated within the last 5 years. The interior features pristine hardwood floors, a fully modernized 'retro-style' kitchen with high-end stainless steel appliances, and a completely updated bathroom with contemporary tile work. The property shows no signs of deferred maintenance, featuring updated light fixtures and a meticulously maintained edible landscape, meeting the highest standards for a move-in-ready renovated home.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated just minutes from Capitola Village and Capitola Beach, this property offers exceptional walkability and access to local dining, shopping, and vibrant coastal activities.
- Exceptional Edible Landscape
The grounds feature an extensive and mature collection of over 20 varieties of fruit and citrus trees, providing a rare, productive, and serene outdoor retreat for gardening enthusiasts.
- Architectural Character
This 1932 Spanish-style home retains classic charm with hardwood floors and a unique modern retro kitchen, offering a distinct aesthetic that stands out in the market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1100, other record living area = 896. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Limited Bathroom Count
With three bedrooms but only one bathroom, the layout may present functional challenges for families or guests and could impact the property's competitive appeal at this price point.
- Compact Living Space
At 1,100 square feet on a modest 3,223 square foot lot, the property offers limited interior volume and minimal potential for significant outdoor expansion.
About 609 Oak Drive
Ideally located in Capitola, 609 Oak Drive is a 3BD/1BA 1100 SF Spanish-style home surrounded by beautiful landscape designed for year-round beauty. This charming home features hardwood floors throughout, an open floor plan with a modern retro kitchen as its center piece. Just minutes from Capitola Village and Capitola Beach, this property offers convenient access to local restaurants, shops, and vibrant coastal activities. Native plantings, mature ornamentals, and productive fruit trees create a serene outdoor retreat ideal for relaxing, entertaining, or enjoying fresh homegrown harvests. The grounds provide a rare blend of charm, character, and everyday functionality, perfectly suited for gardeners and coastal lifestyle enthusiasts alike. Extensive Fruit & Citrus Collection: Catalina cherry, Santa Rosa plum, strawberry guava, pomegranate, clementine mandarin, Snow Queen nectarine, Reed and Holiday avocados, lemon guava, miniature nectarine, Stella cherry, Cara Cara orange, Minneola tangelo, Dorsett Golden apple, Kaffir lime, Improved Meyer lemon, Keiffer pear, tropical white guava, two pineapple guavas, espaliered multi-grafted apple (Anna, Fuji, Dorsett Golden), and banana plant.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1932
- Lot Size
- 3,223 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 1,100 | 1,285.5 | 43% |
| Lot Size | 3,223 | 4,356 | 29% |
| Price | $1.28M | $1.68M | 29% |
| Price per sq ft | $1.2K | $1.3K | 43% |
| Built year | 1932 | 1962 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 195 | 7% |
Pricing History
Listed for Sale
Mar 4, 2026
$1,285,000
Initial Listing
Sold
Apr 5, 2019
$965,000
Public Record
Sold
Nov 15, 2013
$734,000
Public Record
Sold
May 20, 2008
$610,000
Public Record