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307 Treasure Island Drive, Aptos, California 95003, Aptos, - bed, bath

home-pic
ACTIVE$1,295,000
307 Treasure Island Drive, Aptos, California 95003
0Bed
0Bath
1,400Sqft
2,875Lot
Year Built
1962
Close
-
List price
$1.29M
Original List price
$1.45M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82017665
Home ConditionFair
Features
Good View:
Deck
View-

About this home

Welcome to 307 Treasure Island Drive a rare duplex on a private cul-de-sac in Aptos coveted Rio Del Mar neighborhood, just a short stroll to the sand, local cafes, and the laid-back coastal charm that makes this community so special. From your doorstep, walk or bike to Rio Del Mar State Beach, Seacliff State Beach, and the beloved Pixie Deli. Enjoy boutique shopping and the weekend farmers market in Aptos Village, or explore miles of trails in The Forest of Nisene Marks State Park. With quick Highway 1 access, youre minutes from Capitola, Santa Cruz, and Monterey Bay. The upstairs 2-bedroom, 1-bath unit features vaulted ceilings, abundant natural light, and sliding glass doors to a private balcony perfect for morning coffee with ocean breezes or colorful sunsets. The downstairs 1-bedroom, 1-bath unit has its own entrance and slider to a sunny side yard, offering privacy and flexibility. An attached double garage provides extra storage or compact parking. With strong rental income, this property is ideal for investors, multi-generational living, or as your own coastal retreat. 307 Treasure Island Drive blends beachside living with income potential a rare find in Aptos.

Price History

Date
Event
Price
10/31/25
Price Change
$1,295,000-7.2%
09/20/25
Price Change
$1,395,000-3.7%
08/11/25
Listing
$1,449,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (2 Listings)
Beds00
Baths00
Square foot1,4002,656
33%
Lot Size2,8756,273
33%
Price$1.29M$1.29M
50%
Price per square foot$925$546
67%
Built year19621979
33%
HOA
Days on market86139
33%
Condition Rating
Fair
Built in 1962, this duplex shows its age. The kitchen, a key area, features highly outdated white flat-panel cabinets, dated black hardware, white square tile backsplash, and older black appliances (range/oven, hood). The countertops also appear dated. While functional, the kitchen requires a full renovation to meet current aesthetic and quality standards. Hardwood floors in living areas show wear, and bedroom carpets appear older. The overall style, including vaulted wood-paneled ceilings with exposed beams, is consistent with its original build era and has not been significantly updated. The property is maintained but clearly needs substantial cosmetic updates throughout, particularly in the kitchen and likely the bathrooms (not pictured but inferred from kitchen condition).
Pros & Cons

Pros

Exceptional Coastal Location: Situated in Aptos' coveted Rio Del Mar neighborhood, offering a short stroll to beaches, local cafes, boutique shopping, and recreational parks, embodying a desirable beachside lifestyle.
Income-Generating Duplex: A rare duplex configuration with strong rental income potential, making it an ideal asset for investors or suitable for multi-generational living arrangements.
Versatile Unit Layouts: Features two distinct units (2-bed/1-bath and 1-bed/1-bath) each with private entrances and outdoor spaces (balcony, sunny side yard), providing flexibility and privacy.
Convenient Accessibility: Offers quick access to Highway 1, facilitating easy commutes to Capitola, Santa Cruz, and Monterey Bay, alongside proximity to The Forest of Nisene Marks State Park.
Charming Interior Features: The upstairs unit benefits from vaulted ceilings, abundant natural light, and a private balcony, enhancing its appeal and livability.

Cons

History of Price Reductions: Multiple significant price drops from the original listing price indicate potential initial overpricing or market resistance, which could affect perceived value.
Older Construction & Compact Lot: Built in 1962, the property is over 60 years old, and the 2,875 sqft lot size is relatively small for a duplex, limiting outdoor space and potential for expansion.
Limited Individual Unit Space: With a total of 1400 sqft for two units, the individual living spaces are relatively compact, which may not appeal to all buyers seeking more spacious accommodations.

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