649 High Street, Santa Cruz, California 95060, Santa Cruz, 95060 - 3 bed, 2 bath
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Santa Cruz, California 95060
This Value-Add Coastal Residence is a Strong Value Opportunity, listed at $1,395,000—positioned well below the $1,457,817 Fair Market Value by 4%. This valuation gap provides $62,817 in Instant Equity for the buyer. While the home holds a Condition Rating of 4 due to its vintage 1951 finishes, it features desirable floor-to-ceiling windows, ocean peaks, and a spacious patio. Located in a prime Santa Cruz corridor near UCSC and West Cliff Drive, the property offers significant appreciation potential through modernization. This is an ideal acquisition for Owner-Occupants seeking a custom project or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 649 High Street Subject | $1,395,000* List Price | 3 | 2 | 1,445 | $1,009 | - |
A 221 Segre Place Sold | $1,385,000 | 3 | 2 | 1,620 | $855 | 0.8 mi |
B 138 Segre Place Sold | $1,615,141 | 4 | 2 | 1,845 | $875 | 0.7 mi |
C 1124 Laurel Street Sold | $1,275,000 | 3 | 2 | 1,100 | $1,159 | 0.6 mi |
D 331 Van Ness Avenue Sold | $1,500,000 | 3 | 1 | 1,318 | $1,138 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the home is well-maintained but significantly dated. The kitchen features older tile countertops and cabinetry, while the bathrooms retain original 1950s-style pink tile and older vanities. Systems appear dated, with visible wall heaters rather than a modern central HVAC system, necessitating updates to meet modern standards.
Ideally situated in a highly sought-after Santa Cruz neighborhood, offering immediate proximity to UCSC, downtown amenities, and iconic coastal spots like West Cliff Drive.
The home features a desirable single-level layout with floor-to-ceiling windows that maximize sunlight, creating an airy and inviting living environment.
The property includes peaks of the ocean and a functional open-concept flow, capturing the quintessential Santa Cruz lifestyle and enhancing long-term value.
Built in 1951, the property may require significant capital investment to update original systems or cosmetic finishes to meet modern standards.
With a lot size of approximately 6,186 square feet, the outdoor space may feel constrained for buyers seeking expansive yards or significant privacy from neighbors.
Welcome to 649 High Street, ideally located in one of Santa Cruz's most central and sought after neighborhoods. This single level 3 bedroom, 2 bathroom home offers 1,445 square feet of living space, centered around a light filled living room with floor to ceiling windows that fill the home with natural light throughout the day. The kitchens breakfast nook carries that same bright, sun filled feel, creating an inviting place to start the day. Whether you are enjoying quiet mornings, hosting in the open living space, or spending time outdoors, the layout offers a comfortable and easy flow for everyday living. Just minutes from downtown Santa Cruz, UCSC, and the coastline, the location provides convenient access to the Santa Cruz Boardwalk, West Cliff Drive, Natural Bridges State Beach, and a variety of local dining and shops. 649 High Street combines natural light, comfortable living, peaks at the ocean and a location that places you close to everything Santa Cruz has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,445 | 1,706 | 39% |
| Lot Size | 6,186 | 7,057 | 39% |
| Price | $1.40M | $1.38M | 53% |
| Price per sq ft | $965 | $845 | 67% |
| Built year | 1951 | 1977 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 96 | 2% |
Apr 6, 2026
$1,395,000
Initial Listing
Apr 28, 2005
$865,000
Public Record