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722 Cayuga Street, Santa Cruz, California 95062, Santa Cruz, 95062 - 3 bed, 2 bath

722 Cayuga Street, Santa Cruz, California 95062 home-pic-0
ACTIVE$1,199,000
722 Cayuga Street, Santa Cruz, California 95062
3Beds
2Baths
1,367Sqft
2,526Lot

Price Vs. Estimate

The estimated value ($1,105,319.705) is $93,680.295 (7%) lower than the list price ($1,199,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Location: Nestled in the heart of Seabright, the property offers unparalleled access to beaches, the Harbor, downtown, and a vibrant array of restaurants, shops, and entertainment, promoting a highly desirable lifestyle.
Top Cons:
Small Lot Size: The 2,526 sqft lot is relatively compact, which may limit outdoor living space, privacy, and potential for significant future expansion.

Compared to the nearby listings

Price:$1.20M vs avg $1.86M ($-664,000)16%
Size:1,367 sqft vs avg 1,700 sqft33%
Price/sqft:$877 vs avg $1.1K39%

More Insights

Built in 1959 (66 years old).
Condition: The property, built in 1959, has undergone extensive and recent renovations, making it move-in ready. Both the main unit and the studio unit feature modern kitchens with stainless steel appliances, updated cabinetry, and contemporary countertops. The bathrooms are similarly updated with modern tiling and fixtures. Flooring consists of modern tile, wood-look laminate, and clean carpet. While the original build year is older, the significant updates to key areas like kitchens and bathrooms, along with the overall fresh aesthetic, indicate an extensive renovation within the last 5-15 years, aligning with a 'Good' condition score.
Year Built
1959
Close
-
List price
$1.2M
Original List price
$1.25M
Price/Sqft
$877
HOA
-
Days on market
-
Sold On
-
MLS number
ML82018942
Home ConditionGood
Features
Patio
View-

About this home

Welcome to this classic midtown bungalow nestled in the heart of Seabright, where charm meets the ultimate location! This delightful 3 bed, 2 bath home has been split into 2 units. The front functions as a 2 bed/1 ba. The inviting open floor plan boasts a modern kitchen with stainless steel appliances and breakfast bar which overlooks a bright sunny living area. Additionally, 2 bedrooms and a full bath provide ample room for friends & family. The thoughtful rear studio is perfect for guests, multigenerational living, or rental income, making the mortgage more manageable. Some standout attributes in the rear unit include a soaring ceiling, spacious loft bedroom, kitchenette, convenient laundry, built-in window bench, and French doors that access a serene, peaceful garden retreat. Enjoy the neighborhood from your front porch, or take a 5 minute bike ride to the beach, the Harbor, or downtown. Maybe take a quick stroll to some of Santa Cruz's best restaurants, shops, and entertainment. Run into friends and neighbors at the Friday night Midtown parties, see a show at The Rio, or listen to live music at the Crepe Place. So many options! Take advantage of this opportunity...enjoy 722 Cayuga as a 3 bd/2 ba home, or live in one and rent the other, or become an investor by renting both!

Condition Rating
Good
The property, built in 1959, has undergone extensive and recent renovations, making it move-in ready. Both the main unit and the studio unit feature modern kitchens with stainless steel appliances, updated cabinetry, and contemporary countertops. The bathrooms are similarly updated with modern tiling and fixtures. Flooring consists of modern tile, wood-look laminate, and clean carpet. While the original build year is older, the significant updates to key areas like kitchens and bathrooms, along with the overall fresh aesthetic, indicate an extensive renovation within the last 5-15 years, aligning with a 'Good' condition score.
Pros & Cons

Pros

Exceptional Location: Nestled in the heart of Seabright, the property offers unparalleled access to beaches, the Harbor, downtown, and a vibrant array of restaurants, shops, and entertainment, promoting a highly desirable lifestyle.
Income-Generating Potential / Flexible Living: The property's two-unit configuration (2 bed/1 bath front, studio rear) provides significant versatility for rental income, multi-generational living, or guest accommodation, enhancing its investment appeal and potential to offset mortgage costs.
Modernized Kitchen: The front unit features a modern kitchen equipped with stainless steel appliances and a breakfast bar, offering a contemporary and functional space for cooking and entertaining.
Charming & Unique Features: The rear studio boasts distinctive elements such as a soaring ceiling, a spacious loft bedroom, a built-in window bench, and French doors, adding character and appeal to the living space.
Private Garden Retreat: A serene and peaceful garden retreat, accessible via French doors from the rear unit, provides a valuable outdoor sanctuary for relaxation and enjoyment.

Cons

Small Lot Size: The 2,526 sqft lot is relatively compact, which may limit outdoor living space, privacy, and potential for significant future expansion.
Older Construction: Built in 1959, while a classic bungalow, the property's age may imply potential for deferred maintenance or the need for updates to older systems (e.g., plumbing, electrical, HVAC) not explicitly mentioned as recently renovated.
Limited Overall Square Footage Per Unit: With a total of 1367 sqft split into two units, each individual unit offers relatively compact living spaces, which might not suit buyers seeking more expansive rooms or a traditional larger single-family home layout.

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