622 Sunset Drive, Capitola, California 95010, Capitola, 95010 - 3 bed, 2 bath
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622 Sunset Drive
Capitola, California 95010
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,337Sq Ft
2,831Lot Size
Property Price
LIST PRICE$1,495,000
EST. MARKET VALUE
$1,564,329
4% BelowMARKET VALUE
SUMMARY
This Prime Investment Opportunity is listed at $1,595,000, positioned well below the $1,639,731 Fair Market Value by 2%. This valuation gap provides $44,731 in Instant Equity. Featuring a Fair Condition Rating, the property offers a Versatile Living Arrangement with a main cottage and separate unit. While the kitchen requires modernization, the Prime Coastal Location near Capitola Village ensures high demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, high-potential beach-town asset.
Estimated Market Value
$1,564,329+$69,329 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Capitola.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 622 Sunset Drive Subject | $1,495,000* List Price | 3 | 2 | 1,337 | $1,170 | - |
A 1480 49th Avenue Sold | $1,799,000 | 3 | 2 | 1,477 | $1,218 | 0.4 mi |
B 702 Beverly Avenue Active | $1,698,000 List Price | 3 | 2 | 1,526 | $1,113 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1950, this cottage is well-maintained but dated. While it features some surface updates like newer laminate flooring and fresh paint, the kitchen is significantly dated with older tile countertops, electric coil stove, and appliances likely exceeding 20 years in age. It is move-in ready but requires modernization of core systems and fixtures to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the heart of Capitola, the property offers exceptional walkability to Gayle's Bakery, Capitola Village, and the beach, epitomizing the ideal car-free coastal lifestyle.
- Versatile Living Arrangement
The unique layout features a main two-bedroom cottage plus a separate one-bedroom unit, providing excellent flexibility for multi-generational living, a private home office, or guest accommodations.
- Low-Maintenance Appeal
Designed for easy beach-town living, the property features a manageable footprint and practical storage solutions, making it an ideal secondary residence or 'lock-and-go' retreat.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Limited Lot Size
With a lot size of only 2,831 square feet, the property offers very limited outdoor yard space, which may be a drawback for buyers seeking significant private gardens or play areas.
- Vintage Construction
Originally built in 1950, this cottage-style home may require modern system upgrades or ongoing maintenance to meet contemporary standards compared to newer builds in the area.
About 622 Sunset Drive
A Cottage with Room to Spare in the Heart of Capitola. 622 Sunset is a beach-town home built for however life shows up. Up front, two bedrooms and a loft; out back, a one-bed, one-bath all to its own. Two connected spaces for guests, extended family, or a quiet home office. Room for everyone, or room to get away, sometimes in the same weekend. And all of it a short roll or stroll from Gayle's Bakery, Capitola Village, and Capitola Beach. Here the whole weekend happens on foot; coffee and a pastry in the morning, the sand in the afternoon, evenings in the Village; the kind of place where you park the car on Friday, leave the phone in a drawer, and don't reach for either until Monday. Everyday details make it easy, too: storage at the end of the carport and a laundry room you can reach from the bedroom or the patio. Whether you want everyone under one roof or space to spread out, 622 Sunset offers real beach-town living with the flexibility to grow around you; walkable, low-maintenance, and moments from the water.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 2,831 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,337 | 1,666.857 |
| Lot Size | 2,831 | 5,196 |
| Price | $1.50M | $1.72M |
| Price per sq ft | $1.1K | $1.2K |
| Built year | 1950 | 1968 |
| HOA | $0 | $0 |
| Days on market | 66 | 35 |
Pricing History
Listed for Sale
Aug 26, 2026
$1,495,000
$1,575,000
-5% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$1,575,000
$1,595,000
-1% Price Drop
Initial Listing
Price Change
Jul 5, 2026
$1,595,000
Initial Listing