208 Capitola Avenue, Capitola, California 95010, Capitola, - bed, bath

home-pic
ACTIVE$2,750,000
208 Capitola Avenue, Capitola, California 95010
0Bed
0Bath
3,542Sqft
1,786Lot
Year Built
1936
Close
-
List price
$2.75M
Original List price
$2.08M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022902
Home ConditionExcellent
Features
Good View:
Deck
View-

About this home

Live, Invest & Play in the Heart of Capitola Village! Just steps from the sand and surrounded by boutique shops and restaurants, this mixed-use property offers the ultimate coastal lifestyle with outstanding flexibility and income potential. The property features two beautifully updated residential units (a 2BR/2BA and a 1BR/1.5BA) plus two commercial storefronts, creating multiple opportunities for personal use and investment. Since 2020, it has undergone an extensive remodel, including new kitchens and bathrooms in both units, upgraded appliances, fresh interior and exterior paint, a new roof, and countless other thoughtful improvements. Located within Capitola's vacation rental zone, this property gives owners the option to enjoy their own beach retreat while benefiting from short-term rental income when away. Picture starting your day with a stroll along the sand, spending afternoons browsing local boutiques or enjoying waterfront dining, and capping the evening with a concert by the sea - all just outside your door. This is more than real estate it's a chance to fully embrace the Capitola lifestyle while securing an investment in one of the most sought-after coastal communities in California. Don't wait on this one!

Price History

Date
Event
Price
09/27/25
Price Change
$2,750,000+32.5%
09/25/25
Listing
$2,075,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (1 Listings)
Beds00
Baths00
Square foot3,5422,434
50%
Lot Size1,7863,267
50%
Price$2.75M$2.1M
50%
Price per square foot$776$935
50%
Built year19369680982
50%
HOA
Days on market40106
50%
Condition Rating
Excellent

Despite being built in 1936, the property has undergone an extensive remodel since 2020, which is within the last 5 years. The images confirm new, modern kitchens with light wood cabinetry, white quartz countertops, blue subway tile backsplashes, and upgraded stainless steel appliances (Bosch range, Samsung refrigerator). Bathrooms feature modern vanities, new fixtures, and stylish tiling. Hardwood flooring is present throughout the living areas and bedrooms, and new stacked LG washer/dryer units are installed. The property also boasts new interior/exterior paint, a new roof, and modern wall-mounted mini-split AC units for efficient cooling/heating. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Exceptional Location: Prime location in the heart of Capitola Village, just steps from the sand, boutique shops, and restaurants, offering a highly desirable coastal lifestyle.
Diverse Income Streams: Mixed-use property featuring two updated residential units (2BR/2BA and 1BR/1.5BA) and two commercial storefronts, providing multiple revenue opportunities.
Extensive Recent Renovations: Undergone an extensive remodel since 2020, including new kitchens, bathrooms, upgraded appliances, fresh paint, and a new roof, minimizing immediate capital expenditures.
Vacation Rental Eligibility: Located within Capitola's vacation rental zone, allowing for lucrative short-term rental income potential and increased investment flexibility.
Versatile Ownership Options: Offers outstanding flexibility for personal use, full investment, or a hybrid model, appealing to a broad range of buyers seeking both lifestyle and financial returns.

Cons

Significant Price Appreciation: The list price has increased substantially from its original listing ($2.075M to $2.75M), which may raise questions about current market valuation and potential for further appreciation.
Limited Lot Size: The 1786 sqft lot is relatively small for a mixed-use property of this scale, potentially restricting outdoor space or future expansion possibilities.
Age of Original Structure: Despite extensive remodels, the property's 1936 build year means the underlying structure is old, which could lead to unforeseen maintenance challenges or higher insurance costs over time.

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