33 Edgewood Way, Santa Cruz, California 95060, Santa Cruz, - bed, bath

home-pic
ACTIVE$1,450,000
33 Edgewood Way, Santa Cruz, California 95060
0Bed
0Bath
1,510Sqft
6,621Lot
Year Built
1999
Close
-
List price
$1.45M
Original List price
$1.45M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82024404
Home ConditionFair
Features
Patio
View-

About this home

Flexible Living Options with two legal units in the heart of Santa Cruz, convenient to everything on an ideal commute location, yet tucked away on a quiet back street. The well-maintained main residence offers 1,510 sq ft of living space with 3 spacious bedrooms and 2.5 bathrooms.The primary suite includes a spacious bath with a double sink vanity and a walk-in shower. The large backyard features mature landscaping in multiple areas including a producing lemon tree, and offers exceptional privacy along with extra space that is ideal for gardening or outdoor projects, plus an oversize 2 car shop/garage. The legal second residence currently rented for $1225 per month offers 399 SF of open living space with full kitchen and bath its own 1 car garage, and there is additional off-street parking in the driveway for 3 more vehicles. There's even a detached bonus office/art studio that hasn't been used for years and is ready for renovation and/or conversion to a third unit. Enjoy the best of both worlds, with room to grow!

Price History

Date
Event
Price
10/09/25
Listing
$1,450,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (5 Listings)
Beds00
Baths00
Square foot1,5101,855
33%
Lot Size6,6216,491
50%
Price$1.45M$1.41M
50%
Price per square foot$960$785
67%
Built year19999695976
100%
HOA
Days on market27142
17%
Condition Rating
Fair

Built in 1999, this property is well-maintained but shows its age. The kitchen features dated light wood cabinetry, white appliances, and tiled flooring. Bathrooms also present with original light wood vanities, laminate/tile countertops, and basic fixtures, consistent with the build era. While functional and move-in ready, the property would benefit from cosmetic updates to the kitchen and bathrooms to align with current styles and preferences.
Pros & Cons

Pros

Income-Generating & Flexible Living: The property features two legal units, including a main residence and a second unit currently rented, offering immediate income potential or flexible multi-generational living arrangements.
Prime Santa Cruz Location: Situated in the heart of Santa Cruz, the property boasts an ideal commute location with convenient access to amenities, yet is tucked away on a quiet back street for privacy.
Significant Expansion Potential: A detached bonus office/art studio, ready for renovation, presents a clear opportunity for conversion into a third unit or enhanced usable space, adding substantial value.
Ample Parking & Garage Space: The property includes an oversized 2-car shop/garage, a separate 1-car garage for the second unit, and additional off-street parking for three vehicles, a rare and valuable asset.
Private & Landscaped Backyard: A large, private backyard with mature landscaping, including a producing lemon tree, offers exceptional outdoor space for gardening, projects, and relaxation.

Cons

Renovation Required for Bonus Unit: The detached bonus office/art studio 'hasn't been used for years' and requires renovation, indicating a significant upfront investment to realize its full potential.
Potential for Under-Market Rent: The second legal unit is currently rented for $1225 per month, which may be below current market rates for Santa Cruz, potentially limiting immediate income optimization for a new owner.
Limited Specific Modern Upgrades: While the main residence is 'well-maintained,' the description does not highlight recent major modern upgrades or finishes beyond the primary suite bath, which could imply some areas may be dated or require future updates.

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