825 Balboa Avenue 205, Capitola, California 95010, Capitola, 95010 - 2 bed, 2 bath
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Capitola, California 95010
This Coastal Condominium is a High-Potential Investment Opportunity, listed at $949,000—positioned well above the $817,031 Fair Market Value. While the property commands a premium, it offers a Condition Rating of 3, featuring a renovated kitchen and move-in ready interiors. The unit provides an exceptional lifestyle with unobstructed Monterey Bay views and a private deck, situated steps from the Capitola coastal path. Despite the $840 monthly HOA fee, the prime location remains a draw. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premier coastal retreat.
Property is move-in ready.
Although built in 1974, the unit features a renovated kitchen with stone countertops and updated flooring, suggesting a mid-range renovation within the last 5-15 years. The interior is well-maintained and move-in ready, though popcorn ceilings and baseboard heating remain as dated elements.
The property offers rare, panoramic views of Monterey Bay with no telephone poles or overhead wires, providing a premium, 'postcard' coastal experience.
Ideally located across from a refurbished coastal path and within walking distance to Capitola Village, offering easy access to dining, shopping, and local festivals.
Situated in a highly sought-after area, the unit provides front-row access to marine life and beach activities, making it an ideal primary residence or vacation getaway.
The monthly HOA fee of $840 is significant for a 922-square-foot condominium, which may impact the overall affordability for some buyers.
With only 1.5 bathrooms for a two-bedroom unit, the layout may be less convenient for families or guests compared to a full two-bathroom suite.
Welcome to 825 Balboa Ave. #205, where the views truly 'seal' the deal. This beautifully situated 2-bedroom, 1.5-bath condominium offers approximately 922 square feet of coastal living with breathtaking, unobstructed views of the Monterey Bay. Enjoy a front-row seat to dolphins, whales, otters, seabirds, and sailboats, then unwind each evening as the lights of Monterey shimmer across the water. With no telephone poles or overhead wires to interrupt your panoramic view, every day feels like a postcard. Just across the street, the newly refurbished coastal path invites you to walk, jog, or bike from New Brighton State Beach through Capitola Village. Stroll to the many events and activities Capitola is known for, including the Capitola Twilight Concert Series, the Capitola Art & Wine Festival, summer movies on the beach, charming boutiques, waterfront dining, and so much more. Whether you're looking for a full-time home or the perfect coastal getaway, this is one opportunity you won't want to let 'drift' away.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.5 |
| Square foot | 922 | 957.5 |
| Lot Size | 784 | 915 |
| Price | $949.0K | $627.9K |
| Price per sq ft | $1.0K | $646 |
| Built year | 1974 | 1973 |
| HOA | $840.0 | $692 |
| Days on market | 22 | 82 |
Jul 1, 2026
$949,000
Initial Listing
Jan 22, 2016
$575,000
Public Record
Oct 2, 2012
$449,000
Public Record