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870 Park Avenue 110, Capitola, California 95010, Capitola, 95010 - 2 bed, 2 bath

870 Park Avenue 110, Capitola, California 95010 home-pic-0
ACTIVE$1,098,000
870 Park Avenue 110, Capitola, California 95010
2Beds
2Baths
1,134Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Spectacular Ocean Views: The condominium offers breathtaking, head-on ocean views of Monterey Bay from its full-length balcony, providing an unparalleled coastal living experience.
Top Cons:
High Association Fees: The monthly association fee of $833 is substantial and represents a significant ongoing cost for ownership, potentially impacting affordability.

Compared to the nearby listings

Price:$1.10M vs avg $700.0K (+$398,000)92%
Size:1,134 sqft vs avg 800 sqft77%
Price/sqft:$968 vs avg $78869%

More Insights

Built in 1973 (52 years old).
Condition: The property, built in 1973, has undergone a recent and extensive remodel, as highlighted by the description and images. It features newer wood-look flooring in the main living areas, fresh paint, and updated fixtures. The kitchen boasts an open-concept design with white cabinets, an induction cooktop, and recessed lighting, making it highly functional and aesthetically pleasing, though the dark speckled countertops and black appliances are not the most current trends. Bedrooms retain carpet, and while bathrooms have updated fixtures, their full style isn't visible. Overall, the unit is move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Year Built
1973
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
$968
HOA
$833
Days on market
-
Sold On
-
MLS number
ML82018652
Home ConditionGood
Features
Excellent View: Ocean
Deck
Pool
Spa
ViewOcean

About this home

Welcome to 870 Park Ave. #110, where you will be greeted every day with spectacular head-on ocean views of the beautiful Monterey Bay. Located in the private and secure community of Park Avenue by the Sea, this single level 2BR/2BA condominium home has it all: an incredible location, incredible views, an incredible layout, and offers an incredible lifestyle. Enjoy morning coffee or evening libations from your full-length balcony overlooking the bay, stroll into downtown Capitola or Gayles Bakery, walk for miles along New Brighton State Beach, or cozy up in front of your fireplace with a good book. Remodeled with newer floors, an open-concept kitchen with induction cooktop, newer paint, some newer appliances, and some updated fixtures, this one is a stunner. Always wanted to live that beach lifestyle? Now you can, with this low-maintenance and cost effective condominium home. Complex includes a heated pool and spa, sauna, a nicely outfitted gym, common grassy yard, and an elevator. One covered parking space and a huge walk-in storage closet for all your beach toys round out this ocean view beauty.

Condition Rating
Good
The property, built in 1973, has undergone a recent and extensive remodel, as highlighted by the description and images. It features newer wood-look flooring in the main living areas, fresh paint, and updated fixtures. The kitchen boasts an open-concept design with white cabinets, an induction cooktop, and recessed lighting, making it highly functional and aesthetically pleasing, though the dark speckled countertops and black appliances are not the most current trends. Bedrooms retain carpet, and while bathrooms have updated fixtures, their full style isn't visible. Overall, the unit is move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Spectacular Ocean Views: The condominium offers breathtaking, head-on ocean views of Monterey Bay from its full-length balcony, providing an unparalleled coastal living experience.
Prime Coastal Location & Walkability: Situated in Capitola, the property boasts an incredible location with easy walking access to downtown Capitola, local eateries, and New Brighton State Beach.
Extensive Community Amenities: Residents benefit from a heated pool and spa, sauna, a well-equipped gym, common grassy areas, and an elevator, enhancing the lifestyle offerings.
Recent Remodel & Modern Upgrades: The unit has been recently remodeled with newer floors, an open-concept kitchen featuring an induction cooktop, fresh paint, and updated fixtures and appliances.
Private & Secure Community with Parking/Storage: Located within a private and secure community, the property includes a covered parking space and a large walk-in storage closet, adding convenience and value.

Cons

High Association Fees: The monthly association fee of $833 is substantial and represents a significant ongoing cost for ownership, potentially impacting affordability.
Age of Building: Built in 1973, the building is over 50 years old, which could lead to higher maintenance costs or potential special assessments for common area repairs in the future.
Recent Price Reduction: The property has undergone a $100,000 price reduction from its original listing, which may indicate initial overpricing or challenges in attracting buyer interest.

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