6125 Abbey Road, Aptos, California 95003, Aptos, 95003 - 4 bed, 2 bath
ACTIVE$1,050,000$1,760/sqft
6125 Abbey Road, Aptos, California 95003
4Beds
2Baths
1,760Sqft
8,551Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8551, living area = 1760.
Top Cons:
Mandatory Structure Removal/Relocation: The existing single-family home is not intended to remain on the lot, requiring the buyer to incur substantial costs and logistical effort for its removal or relocation.
Compared to the nearby listings
Price:$1.05M vs avg $1.49M ($-440,000)19%
Size:1,760 sqft vs avg 1,953 sqft42%
Price/sqft:$597 vs avg $78613%
More Insights
Built in 1975 (51 years old).
Condition: The listing explicitly states this is an opportunity for 'Investors & Developers' and that the 'House to be Moved and Permit is Ready Now!' or 'Seller Will Remove Structure!' The interior image confirms a severely dilapidated state with damaged flooring, walls, and an extremely outdated kitchen, rendering it unlivable. The property's value is clearly based solely on the land for redevelopment, aligning with the 'Tear-down' criteria.
Year Built
1975
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$597
HOA
-
Days on market
-
Sold On
-
MLS number
ML82029775
Home ConditionTear down
Features
View-
About this home
Attention Investors & Developers! This is an Incredible Opportunity! Single Family Home with Great Layout Ready for to be Your Next Rehab Project! Part of 4 Parcels Recently Split on Top Lot at Abbey Road. House to be Moved and Permit is Ready Now! Lot Can be Purchased for $675,000 and Seller Will Remove Structure! All Lots for Sale Now! Check Kaspian Court Listings! Highly Rated Soquel High School! Short Distance to Capitola Village, Cabrillo College, and New Brighton State Beach!
J
Jake Gipson
Listing Agent
Condition Rating
Tear down
The listing explicitly states this is an opportunity for 'Investors & Developers' and that the 'House to be Moved and Permit is Ready Now!' or 'Seller Will Remove Structure!' The interior image confirms a severely dilapidated state with damaged flooring, walls, and an extremely outdated kitchen, rendering it unlivable. The property's value is clearly based solely on the land for redevelopment, aligning with the 'Tear-down' criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8551, living area = 1760.
Development-Ready Opportunity: Explicitly marketed for investors and developers, with permits ready for house relocation/removal, indicating a clear path for new construction on a recently split parcel.
Desirable Coastal Location: Situated a short distance from Capitola Village, Cabrillo College, and New Brighton State Beach, offering attractive lifestyle and recreational opportunities.
Strong Educational Environment: Located within the highly-rated Soquel High School district, enhancing the appeal for future families and potential resale value of a new build.
Ample Lot Size for New Construction: The 8,551 sqft lot provides a generous footprint for designing and building a new single-family residence.
Streamlined Development Process: The availability of a ready permit for house relocation/removal significantly reduces initial development hurdles and timelines.
Cons
Mandatory Structure Removal/Relocation: The existing single-family home is not intended to remain on the lot, requiring the buyer to incur substantial costs and logistical effort for its removal or relocation.
High Initial Investment: The list price of $1.05 million represents a significant upfront investment for a property that primarily offers land for development, potentially impacting project feasibility and ROI.
Niche Buyer Pool: The property's unique offering as a development site with a house to be moved severely limits its appeal to traditional homebuyers, narrowing the potential market.