202 Panetta Avenue 9, Santa Cruz, California 95060, Santa Cruz, - bed, bath
ACTIVE$1,099,000
202 Panetta Avenue 9, Santa Cruz, California 95060
1Bed
3Baths
1,310Sqft
Lot
Year Built
2021
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
-
HOA
$660
Days on market
-
Sold On
-
MLS number
ML82024048
Home ConditionExcellent
Features
Good View:
Deck
View
About this home
Work and live in one place. These units are perfect for a small business and Santa Cruz lifestyle. Use the ground floor for business, use the top two for living. Be close to bike path, coffee shops, breweries and distilleries, while you work/play. Condo building has entrances for business that can be separate for the residential level if you so desire. Current owner has this place "turn key" and will leave living room furniture. Great value and great opportunity.
Price History
Date
Event
Price
10/07/25
Listing
$1,099,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (21 Listings) | |
|---|---|---|---|
| Beds | 1 | 2 | 23% |
| Baths | 3 | 2 | 86% |
| Square foot | 1,310 | 1,077 | 77% |
| Lot Size | 0 | 1,176 | |
| Price | $1.1M | $775K | 95% |
| Price per square foot | $839 | $770.5 | 73% |
| Built year | 2021 | 9945995 | 100% |
| HOA | $660 | $691.5 | 45% |
| Days on market | 28 | 166 | 9% |
Condition Rating
Excellent
This property was built in 2021, making it a virtually new construction. The kitchen boasts modern flat-panel cabinetry, high-end stainless steel Bosch appliances, dark countertops, and a contemporary vertical subway tile backsplash. Bathrooms feature modern floating vanities, stylish fixtures, and glass-enclosed showers. Throughout the unit, there is new wood-look flooring, recessed lighting, and efficient mini-split heating/cooling systems. All components are new, meet current quality standards, and show no signs of deferred maintenance or physical depreciation.
Pros & Cons
Pros
Versatile Live-Work Opportunity: The property is specifically designed for a live-work lifestyle, offering separate entrances for business and residential levels, ideal for entrepreneurs and those seeking flexibility.
Brand New Construction: Built in 2021, the unit offers modern design, up-to-date amenities, and significantly reduced immediate maintenance concerns for a move-in ready experience.
Desirable Lifestyle Location: Situated close to a bike path, coffee shops, breweries, and distilleries, it offers a vibrant and convenient Santa Cruz lifestyle.
Turnkey & Furnished Option: The property is offered 'turn key' with living room furniture included, simplifying the moving process and reducing initial setup costs for the buyer.
Modern Condo Living: As a contemporary condominium, it likely features modern finishes and provides a low-maintenance living experience typical of new urban developments.
Cons
High Monthly Association Fee: The $660 monthly association fee is substantial and adds significantly to the ongoing cost of ownership, which could deter some buyers.
Limited Bedroom Count: With only 1 bedroom for a 1310 sqft unit at this price point, the property's appeal may be limited to singles or couples, potentially narrowing the buyer pool.
Potential for Business-Related Disturbances: While offering separate entrances, the integrated live-work model could still introduce potential noise, traffic, or privacy concerns from the ground-floor business operation for the residential levels.