116 Monterey Street, Santa Cruz, California 95060, Santa Cruz, - bed, bath

home-pic
ACTIVE$5,432,100
116 Monterey Street, Santa Cruz, California 95060
4Beds
4Baths
2,586Sqft
7,318Lot
Year Built
2007
Close
-
List price
$5.43M
Original List price
$5.49M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82021291
Home ConditionGood
Features
Excellent View: Ocean
Deck
Spa
Patio
ViewOcean

About this home

Experience the Santa Cruz lifestyle at 116 Monterey St, steps from iconic West Cliff Drive. This delightful 3 bed/3 bath Mediterranean home offers stunning ocean views, the soothing sound of waves, and fresh sea air. A permitted 1 bed/1 bath ADU at 118 Monterey St is ideal for guests or rental income. For those who love to cook, a spacious Chef's Kitchen with Wolf Range and large kitchen island will feed your family for years to come. Surf, SUP, or swim at Cowell's, and then come home to soak in your jetted spa tub in the luxurious primary bathroom. Cool fog and ocean breezes create a refreshing vibe, while sunrises grace the front windows and sunsets glow from the balcony. Relax in the hot tub under starry skies or gather around the backyard fire pit. The ADU, a successful vacation rental, attracts wonderful guests and generates income with it's own private balcony atop a 2-car Mechanic's Garage. There's even a built-in vaccuum to get the sand out of your car! Steps from Steamer Lane and race starts like Wharf to Wharf, this home is a coastal gem. Enjoy music, wine tasting, or a meal at the historic Santa Cruz Wharf. Monarch butterflies flutter year-round, and the nearby community garden is great for birdwatching. Embrace this coastal retreat, and schedule a tour today!

Price History

Date
Event
Price
10/20/25
Price Change
$5,432,100-1.0%
09/17/25
Listing
$5,488,888
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (87 Listings)
Beds43
75%
Baths42
89%
Square foot2,5861,815
86%
Lot Size7,3187,558
49%
Price$5.43M$1.51M
99%
Price per square foot$2,101$903
99%
Built year20079850987
94%
HOA
Days on market50149
7%
Condition Rating
Good

Built in 2007, this property is 17 years old and appears to be very well-maintained. The description highlights a 'Chef's Kitchen with Wolf Range' and a 'luxurious primary bathroom with a jetted spa tub,' which are high-end features. The images confirm a well-appointed kitchen with granite countertops, wood cabinetry, and modern stainless steel appliances (including a wine fridge). Bathrooms feature tile work, solid surface vanities, and good fixtures. Flooring throughout includes hardwood/laminate and tile, all in excellent condition. While the overall aesthetic is slightly more traditional Mediterranean than ultra-modern, it is clean, functional, and shows no signs of wear or deferred maintenance. It is move-in ready and aligns perfectly with the 'good' criteria, being within the 10-20 year age range and showing excellent upkeep without necessarily having undergone a full recent renovation to a brand-new, cutting-edge style.
Pros & Cons

Pros

Prime Coastal Location: The property boasts an exceptional location, steps from iconic West Cliff Drive, Steamer Lane, and the historic Santa Cruz Wharf, offering unparalleled access to coastal activities and attractions.
Ocean Views & Ambiance: Enjoy stunning ocean views, the soothing sound of waves, and fresh sea air, with beautiful sunrises and sunsets enhancing the living experience.
Income-Generating ADU: A permitted 1 bed/1 bath ADU serves as a successful vacation rental, providing significant potential for rental income or flexible guest accommodation.
High-End Amenities & Features: The home includes a spacious Chef's Kitchen with a Wolf Range, a luxurious primary bathroom with a jetted spa tub, an outdoor hot tub, a backyard fire pit, and a unique built-in vacuum for sand.
Modern Construction: Built in 2007, the property offers modern construction standards and features, likely requiring less immediate maintenance compared to older homes in the area.

Cons

Significant Price Discrepancy: The current listing price of $5.43M is considerably higher than the estimated property value of $4.61M, suggesting it may be overpriced relative to market valuations.
High-Traffic/Tourist Area: While a prime location, its proximity to popular tourist destinations like West Cliff Drive and the Wharf could result in increased noise, crowds, and potential privacy concerns.
Maintenance Complexity: Managing both the main house and a separate ADU, along with multiple luxury amenities (hot tub, fire pit, Mechanic's Garage), may lead to higher ongoing maintenance costs and effort.

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