
Capitola, California 95010
This High-Potential Investment Opportunity is a beach-town cottage listed at $895,000, positioned well below the $930,221 Fair Market Value by 3%. This valuation gap offers $35,221 in Instant Equity. Featuring a Condition Rating of 3, the home includes a versatile bonus structure and a private patio in a prime, walkable location. While the interior footprint is compact, the property’s proximity to Capitola Village ensures strong demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 Sunset Drive Subject | $895,000* List Price | 1 | 1 | 457 | $2,035 | - |
A 4630 Jewel Street Active | $1,125,000 List Price | 1 | 1 | 564 | $1,995 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1956, the property appears well-maintained and move-in ready. The interior shows updates such as stainless steel appliances and clean tile flooring, suggesting a renovation within the 5-15 year range. The exterior siding, roof, and bonus structure are in functional condition, fitting the criteria for a well-maintained, older home.
Situated in the desirable Riverview Terrace, the property offers exceptional walkability to Capitola Village, the beach, and local landmarks like Gayle's Bakery, epitomizing the beach-town lifestyle.
The inclusion of a separate bonus structure provides valuable additional space for a studio, workshop, or storage, significantly enhancing the utility of the compact lot.
The simple cottage design and manageable 457-square-foot footprint make it an ideal lock-and-leave weekend retreat, prioritizing outdoor living over indoor chores.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 457, other record living area = 303.
At only 457 square feet, the interior living area is exceptionally small, which may pose challenges for full-time residency or buyers requiring more functional room.
Despite recent price reductions, the property carries a high cost per square foot, which may impact appraisal values and deter value-conscious buyers in a competitive market.
A Cottage in the Heart of Capitola. 620 Sunset is a beach-town cottage where the location does the work. On a quiet street in Riverview Terrace, you're an easy walk from Gayle's Bakery, Capitola Village, and Capitola Beach the kind of place where mornings start with coffee and a pastry, afternoons drift toward the sand, and evenings wind down in the garden. This is Capitola life at its most effortless. Weekend markets, sunset strolls along the water, and dinners just a few blocks from your door. The cottage itself is light, warm, and simple to maintain; a home that encourages for more time outside, so more of your day belongs to the beach than the to-do list. Out front, a usable yard offers room to garden, gather, or slow down under mature trees, and a versatile bonus structure works as a studio, workshop, or extra storage. Whether it's a weekend retreat, a lock-and-leave, or a first foothold in Capitola, 620 Sunset offers real beach-town living; walkable, low-maintenance, and minutes from the water.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.7 |
| Baths | 1.0 | 2.4 |
| Square foot | 457 | 1,666.857 |
| Lot Size | 2,788 | 5,196 |
| Price | $895.0K | $1.72M |
| Price per sq ft | $2.0K | $1.2K |
| Built year | 1956 | 1968 |
| HOA | $0 | $0 |
| Days on market | 66 | 35 |
Aug 26, 2026
$895,000
$925,000
-3% Price Drop
Initial Listing
Jul 29, 2026
$925,000
$1,000,000
-7% Price Drop
Initial Listing
Jul 5, 2026
$1,000,000
Initial Listing