624 Riverview Drive, Capitola, California 95010, Capitola, 95010 - 2 bed, 1 bath
624 Riverview Drive
Capitola, California 95010
Property Price
SUMMARY
Analysis of 624 Riverview Drive, Capitola, California 95010 reveals a Prime Investment Opportunity with a current list price of $1,399,000—significantly undercutting the $1,497,104 Fair Market Value by 6%. This valuation gap indicates a +$98,104 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 624 Riverview Drive Subject | $1,399,000* List Price | 2 | 1 | 950 | $1,576 | - |
A 4570 Jewel Street Sold | $1,599,000 | 2 | 2 | 923 | $1,732 | 0.5 mi |
B 1435 47th Avenue Sold | $1,650,000 | 3 | 2 | 1,000 | $1,650 | 0.5 mi |
C 1749 43rd Avenue Sold | $1,150,000 | 2 | 1 | 832 | $1,382 | 0.4 mi |
D 604 Oak Drive Active | $1,695,000 List Price | 2 | 1 | 1,031 | $1,644 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1960s beach cottage is in move-in ready condition, featuring a modernized kitchen and bathroom that provide contemporary appeal. The interior is well-maintained with hardwood flooring throughout and an open layout that maximizes natural light. While the property is older, the turn-key updates and lack of deferred maintenance align with the 'good' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in one of Capitola's most sought-after neighborhoods, the property offers exceptional walkability to Capitola Village, the beach, and local landmarks like Gayle's Bakery.
- Turn-Key Interior Updates
The home features a modern updated kitchen and bathroom paired with classic hardwood flooring, providing a move-in-ready experience with contemporary appeal.
- Functional Open Layout
The single-level floor plan maximizes natural light and flow, creating an inviting atmosphere that delivers both everyday functionality and timeless beach-cottage charm.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 950, other record living area = 875.
- Compact Living Space
At approximately 950 square feet with only one bathroom, the home's size may be restrictive for larger families or those requiring a dedicated home office.
- Limited Lot Size
The 3,136 square foot lot is relatively small, which limits outdoor utility and potential for future structural expansions or significant landscaping projects.
About 624 Riverview Drive
Welcome to this charming single-level cottage nestled in one of Capitola's most desirable coastal neighborhoods. This cozy 2-bedroom, 1-bathroom beach bungalow offers approximately 950 square feet of living space on a compact yet surprisingly spacious and sunny lot, perfect for those seeking a low-maintenance beachside lifestyle. Step inside to discover a bright and inviting floor plan with an open layout that maximizes natural light and creates a warm, welcoming atmosphere. The home boasts an updated kitchen and bathroom, along with beautiful warm hardwood flooring throughout. Whether you're savoring morning coffee or unwinding after a day at the beach, the thoughtful design delivers both everyday functionality and timeless charm. Just moments from the vibrant Capitola Village with its eclectic shops, acclaimed restaurants, beloved Gayle's Bakery, and the iconic Capitola Beach.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 3,136 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | 2.0 | 2.5 | 50% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 950 | 1,285.5 | 36% |
| Lot Size | 3,136 | 4,356 | 29% |
| Price | $1.40M | $1.68M | 29% |
| Price per sq ft | $1.5K | $1.3K | 57% |
| Built year | 1960 | 1962 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 195 | 7% |
Pricing History
Listed for Sale
Feb 25, 2026
$1,399,000
Initial Listing
Sold
Feb 13, 2009
$730,000
Public Record
Sold
May 30, 2001
$400,000
Public Record