740 Loma Prieta Drive, Aptos, California 95003, Aptos, 95003 - 3 bed, 3 bath
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Aptos, California 95003
This Coastal Value-Add Asset is listed at $799,000, positioned near its $783,073 Fair Market Value after a recent $50,000 price reduction. Carrying a Condition Rating of 5, the home requires a full interior rehab to modernize its 1988 original state, offering substantial potential for forced appreciation. The property features an oversized 14,244 sq ft lot, distant mountain views, and an elevated deck. Located near top-rated Rio Del Mar Elementary (Rating: 8), this is a high-upside acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 740 Loma Prieta Drive Subject | $799,000* List Price | 3 | 3 | 1,558 | $513 | - |
A 110 Rutherford Court Active | $850,000 List Price | 2 | 2 | 1,312 | $648 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1988 (36 years old) and retains its original kitchen with dated wood-trimmed cabinetry, tile countertops, and older white appliances. While the home features recent cosmetic updates like new flooring and fresh paint, the core kitchen and bathroom components are over 30 years old and require a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14244, living area = 1558.
The property offers exceptional access to the longest continuous beach in Santa Cruz County and is minutes away from the world-class trails of Nisene Marks Forest and popular local dining.
The home features soaring ceilings that maximize natural light and a highly sought-after main-floor primary suite, providing both an airy feel and long-term accessibility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1558, other record living area = 1462.
A recent $50,000 price reduction from the original listing price suggests initial market resistance or a need to recalibrate value to attract competitive offers.
The $360 monthly association fee represents an additional carrying cost that may impact the overall affordability for buyers compared to non-HOA single-family residences.
Offering excellent access to the longest continuous stretch of beach in Santa Cruz County, this 3 bedroom, 2.5 bathroom home is tucked away in a quiet neighborhood. Venture inside to soaring ceilings that fill the space with natural light and create an open, welcoming feel. The inviting living room is centered around a cozy fireplace and flows easily to the kitchen, allowing you to stay connected with guests while preparing a meal. Two bedrooms are located upstairs, providing comfortable separation between living spaces. While the primary bedroom is located on main floor. Start slow weekend mornings on the welcoming front porch with a cup of coffee and the coastal air. Enjoy convenient access to local favorites such as The Hideout, Mentone, Deluxe Foods of Aptos, and the world-class trails and redwood groves of the Forest of Nisene Marks, as well as the Highway 1 corridor.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,558 | 1,808.5 | 35% |
| Lot Size | 14,244 | 8,096 | 76% |
| Price | $799.0K | $1.49M | 8% |
| Price per sq ft | $513 | $844 | 8% |
| Built year | 1988 | 1978 | 76% |
| HOA | $360.0 | $0 | 92% |
| Days on market | 79 | 121 | 26% |
Apr 26, 2026
$799,000
$849,000
-6% Price Drop
Initial Listing
Mar 19, 2026
$849,000
Initial Listing