1500 Wharf Road 12, Capitola, California 95010, Capitola, - bed, bath

home-pic
ACTIVE$3,349,000
1500 Wharf Road 12, Capitola, California 95010
5Beds
3Baths
1,926Sqft
1,002Lot
Year Built
1930
Close
-
List price
$3.35M
Original List price
$3.75M
Price/Sqft
-
HOA
$2,150
Days on market
-
Sold On
-
MLS number
ML81996085
Home ConditionExcellent
Features
Excellent View:
Deck
View-

About this home

One of the most photographed properties in Santa Cruz County, the beloved Venetian Court, Unit Twelve, is being offered to the market for the first time in the past fifty years. This home has served as the unofficial icon of not only the City of Capitola, but also readily identifiable to the State of California. This end unit has a private balcony overlooking the Capitola Esplanade, Monterey Bay, and is nestled between the Stockton Bridge and the Capitola Wharf. This home is steps to the sand, surfing, dining, shopping, fishing and year round enjoyment of one of the best beaches in California. Vacation rentals are allowed with City permit. Recently updated kitchens, flooring and paint. The Capitola Venetian Court was envisioned as a second Venice with and add a touch of European charisma to the California coast. With their globally recognized bright colors, they serve as a backdrop for various festivals, art exhibitions, and community events throughout the year. The Venetian Court stands as testaments to the seaside city of Capitola's rich history and enduring cultural appeal.

Price History

Date
Event
Price
08/11/25
Price Change
$3,349,000-2.9%
08/07/25
Price Change
$3,448,000
03/07/25
Listing
$3,749,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (27 Listings)
Beds53
89%
Baths32
54%
Square foot1,9261,639
61%
Lot Size1,0025,031
4%
Price$3.35M$1.71M
93%
Price per square foot$1,739$1,141.5
93%
Built year19309830985
18%
HOA$2,150
0%
Days on market244153
93%
Condition Rating
Excellent

Despite being built in 1930, the property has undergone extensive and high-quality recent renovations, as stated in the description ('Recently updated kitchens, flooring and paint'). The images confirm modern, virtually new finishes in the kitchen (clean countertops, contemporary cabinets, modern appliances), flooring (wood-look tile/LVP and clean carpet), and a modern fireplace. The overall aesthetic is fresh, clean, and move-in ready, meeting current quality standards with no visible deferred maintenance. The interior components appear new or virtually new, aligning with the 'Excellent' condition criteria for extensively renovated properties.
Pros & Cons

Pros

Iconic & Historic Location: The property is part of the beloved Venetian Court, an unofficial icon of Capitola and Santa Cruz County, offering unique historical and cultural appeal.
Prime Waterfront Access & Views: Boasts a private balcony with stunning views of the Capitola Esplanade and Monterey Bay, and is steps away from the sand, surfing, dining, and shopping.
Income Generating Potential: Vacation rentals are permitted with a City permit, providing a significant opportunity for rental income or a flexible second home investment.
Recent Interior Updates: The home features recently updated kitchens, flooring, and paint, addressing common concerns associated with older properties and offering a refreshed interior.
Unique Architectural Charm: The Venetian Court's globally recognized bright colors and European charisma make it a distinctive and highly desirable property, serving as a backdrop for community events.

Cons

Exorbitant Association Fees: The monthly association fee of $2,150 is exceptionally high, significantly increasing the total cost of ownership and potentially limiting the buyer pool.
Recent Price Reductions: Multiple price drops from the original list price indicate either initial overpricing or challenges in attracting buyers at the current valuation.
Historic Building Age & Lot Size: Despite updates, the 1930 build year may imply ongoing maintenance challenges or hidden costs associated with older infrastructure. The small 1002 sqft lot size for a 'Single Family Residence' could lead to mismatched buyer expectations regarding private outdoor space.

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