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405 Monterey Ave, Capitola, CA 95010

Sale Price: $1,625,000
Mar 25, 20251,424 sqft3 beds3 baths
Listed by: Josh Kolbo
License #: 02249370
Phone #: 308-293-7128
Trade-In Real Estate
Source:
CRMLS Logo
MLS #: ML81996747

Property Description

Live the ultimate Capitola Beach lifestyle, less than a 10-minute walk to Capitola Beach & Village! This renovated home features 2 self-contained units totaling 1,424 sq. ft. The main home is a 2-bed, 2-bath, all on the ground level with no stairs, perfect for easy accessibility. The second unit is a 1-bed, 1-bath with kitchen and living space, accessed via a private staircase. Enjoy a shared ground level laundry and office space . Just steps from Gayles Bakery & Capitola Village, this home offers prime walkability to dining, shops, and entertainment. The private backyard has a spacious lawn and patio with greenbelt views. The brand-new driveway provides 4+ car spots. The garage fits bikes, surfboards, mower, and more. Comes equipped with an owned solar system of 28 panels along with 3 battery storage packs making sure your bill is low and the lights stay on. Central forced air heating & cooling in both units run off solar! EV car charging hookup! Ideal for multigenerational living, investment, vacation home, or if you want extra space for guests. Many lenders allow buyers to qualify for a higher purchase price by factoring in potential rental income. Live in one unit and rent the other; upper unit previously rented for ~$4,000/month. Furnishings available for both units.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,439

TurboHome Estimated Value

$1,518,800

$1,067 sqft

High Valuation
$1,594,740
$1120/sqft
Normal Valuation
$1,518,800
$1067/sqft
Low Valuation
$1,442,860
$1013/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1067/sqft$1,518,800

Neighborhood

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Comparative Value

$1.05M

$1.49M

$1.63M

$1.68M

$1.90M

717 Bay Ave, Capitola, CA 95010

Sale Price: $1,055,000

Selected Comparable

3031 Childers Ln, Santa Cruz, CA 95062

Sale Price: $1,485,000

Selected Comparable

601 41st Ave, Santa Cruz, CA 95062

Sale Price: $1,497,600

Selected Comparable

405 Monterey Ave, Capitola, CA 95010

Sale Price: $1,625,000

Selected Comparable

405 Monterey Ave, Capitola, CA 95010

List Price: $1,675,000

Subject Property

4701 Nova Dr, Santa Cruz, CA 95062

Sale Price: $1,900,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
405 Monterey Ave, Capitola, CA 95010

405 Monterey Ave, Capitola, CA 95010

List: $1,675,000

Listed: 3/25/2025

Area:1,424 sqft
Price/sqft:$1,176
Beds:3
Baths:3
Year Built:
Lot Size:4,922

Comparable Properties

COMPARABLE
Choose comps
405 Monterey Ave, Capitola, CA 95010

405 Monterey Ave, Capitola, CA 95010

Sale: $1,625,000

5/14/20250.00 mi

Area:1,424 sqft
Price/sqft:$1,141
Beds:3
Baths:3
Year Built:
Weight:24.4%
4701 Nova Dr, Santa Cruz, CA 95062

4701 Nova Dr, Santa Cruz, CA 95062

Sale: $1,900,000

6/3/20250.91 mi

Area:1,448 sqft
Price/sqft:$1,312
Beds:3
Baths:2
Year Built:
Weight:19.8%
717 Bay Ave, Capitola, CA 95010

717 Bay Ave, Capitola, CA 95010

Sale: $1,055,000

3/3/20250.33 mi

Area:1,350 sqft
Price/sqft:$781
Beds:3
Baths:2
Year Built:
Weight:19.3%
3031 Childers Ln, Santa Cruz, CA 95062

3031 Childers Ln, Santa Cruz, CA 95062

Sale: $1,485,000

6/5/20251.36 mi

Area:1,382 sqft
Price/sqft:$1,075
Beds:3
Baths:2
Year Built:
Weight:19.1%
601 41st Ave, Santa Cruz, CA 95062

601 41st Ave, Santa Cruz, CA 95062

Sale: $1,497,600

4/30/20251.48 mi

Area:1,279 sqft
Price/sqft:$1,171
Beds:3
Baths:2
Year Built:
Weight:17.5%

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