
Capitola, California 95010
This Coastal Single Family Residence represents a Strong Value Opportunity, listed at $1,850,000—positioned slightly above the $1,781,181 Fair Market Value. While the property requires minor updates to modernize its Condition Rating of 4, the home offers a flexible floor plan with a den and seamless indoor-outdoor flow via expansive decks and a hardscaped backyard. Located steps from Capitola Village, this property provides a rare lifestyle asset for Buy-and-Hold Investors or Owner-Occupants seeking a prime coastal location with significant long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 709 Gilroy Drive Subject | $1,850,000* List Price | 3 | 2 | 1,500 | $1,187 | - |
A 315 Mccormick Avenue Sold | $1,725,000 | 3 | 2 | 1,577 | $1,094 | 0.3 mi |
B 1480 49th Avenue Sold | $1,799,000 | 3 | 2 | 1,477 | $1,218 | 0.5 mi |
C 609 Oak Drive Sold | $1,385,000 | 2 | 1 | 900 | $1,539 | 0.1 mi |
D 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.
Property is moderate renovation needed.
Built in 1946, the property has received cosmetic 'refreshed' updates including new flooring, paint, and light fixtures. However, the kitchen and bathrooms remain dated with older white appliances, tile countertops, and mid-range cabinetry likely exceeding 20 years in age, fitting the criteria for needing minor updates to meet modern standards.
Situated in the highly coveted Riverview Terrace neighborhood, the property offers exceptional walkability to Capitola Village, Gayle's Bakery, and the beach, epitomizing the relaxed coastal lifestyle.
The floor plan features three bedrooms plus a versatile den that can function as a fourth bedroom or home office, providing excellent utility and adaptability for families or remote professionals.
With decks on both levels and a hardscaped backyard featuring a fireplace, the home is expertly designed for entertaining and maximizing the usable outdoor square footage.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The 3,441 square foot lot is relatively small for the price point, which may limit privacy from neighbors and restrict options for future structural expansions.
Built in 1946, the home may possess older underlying systems or structural elements that require more maintenance compared to modern builds, despite recent cosmetic updates.
Mornings begin with coffee and pastries at Gayles Bakery. Afternoons drift toward the beach, and evenings are spent gathered around the backyard fireplace beneath the coastal sky. Steps from Capitola Village, this inviting coastal home captures the easygoing lifestyle that makes Riverview Terrace so special. Fresh landscaping and decks on both levels create a welcoming first impression, while inside, a flexible floor plan offers three bedrooms plus a den that can serve as a home office, guest room, or fourth bedroom. New light fixtures throughout bring a refreshed feel to comfortable living spaces designed for everyday life and entertaining. The expansive deck and hardscaped backyard extend the home outdoors, creating space to host friends, relax with family, or enjoy the privacy of a generous, low-maintenance lot. Set in one of Capitolas most charming and desirable neighborhoods, the home is close to Capitola Beach, local cafés, restaurants, and boutique shopping. It is a rare opportunity to enjoy space, flexibility, and the relaxed coastal lifestyle that defines Capitola.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,500 | 1,666.857 |
| Lot Size | 3,441 | 5,196 |
| Price | $1.85M | $1.72M |
| Price per sq ft | $1.2K | $1.2K |
| Built year | 1946 | 1968 |
| HOA | $0 | $0 |
| Days on market | 12 | 35 |
Aug 28, 2026
$1,850,000
Initial Listing
Jul 10, 2020
$1,185,000
Public Record