360 5th Avenue, Santa Cruz, California 95062, Santa Cruz, - bed, bath

home-pic
ACTIVE$3,925,000
360 5th Avenue, Santa Cruz, California 95062
4Beds
4Baths
2,400Sqft
4,879Lot
Year Built
2007
Close
-
List price
$3.92M
Original List price
$3.92M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82023253
Home ConditionGood
Features
Good View: Bay, Marina
Spa
Patio
ViewBay, Marina

About this home

Home for sailing! Crafted for beauty, built to perfection. Stunning 4br, 3.5ba, 2,400sf harbor home w/partial views of boats & bay + 1100 sf finished basement w/bath & sep entrance. Ideal full time residence, 2nd home, weekend getaway, short term rental or legacy property. Completed in 2007 on a wide double lot just 2 blocks from Twin Lakes & the finest stretches of surf & sand on the Coast. Short stroll to boat slips, launch ramp, Crows Nest, Arana Gulch & all harbor amenities. Warm comfortable interiors, excellent flow & meticulous attention to detail. Soaring ceilings, formal living room, open kitchen/family design w/ large center island & luxe primary suite w/private view deck. Outdoor spaces galore w/ endless possibilities for al fresco dining, relaxation & enjoyment. Marinace natural stone counters, custom cabinets & lighting, stainless appliances, 5 burner gas range, hand hewn hickory floors, plantation shutters, skylights, dual pane windows & french doors w/sidelights, on demand hot water, dual zone central heating, copper gutters & downspouts. Professionally landscaped, private fenced yard, spa w/outdoor shower, 2 car garage + ample parking & storage for beach toys & boards. The indoor/outdoor beach/boating lifestyle at its finest. Come for a sail, stay for a lifetime.

Price History

Date
Event
Price
09/29/25
Listing
$3,925,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (71 Listings)
Beds43
85%
Baths42
89%
Square foot2,4001,651
85%
Lot Size4,8795,402
42%
Price$3.92M$1.88M
92%
Price per square foot$1,635$1,207
81%
Built year20079880989
89%
HOA
Days on market37155
4%
Condition Rating
Good

Built in 2007, this property is 17 years old, aligning with the 'Good' category's age range. The kitchen features high-quality Marinace natural stone counters, custom white shaker cabinets, and stainless steel appliances, all appearing in excellent, well-maintained condition. Hand-hewn hickory floors are present throughout visible areas and are also in superb shape. While the home boasts dual-zone central heating and on-demand hot water, the absence of central air conditioning, a common expectation for luxury homes built to current standards, prevents it from achieving an 'Excellent' rating. Overall, it is move-in ready with high-end finishes that have aged gracefully, requiring no immediate renovations.
Pros & Cons

Pros

Exceptional Coastal Location & Lifestyle: The property boasts a prime location just two blocks from Twin Lakes and the finest stretches of surf and sand, with a short stroll to boat slips, launch ramp, and all harbor amenities, offering an unparalleled beach/boating lifestyle.
Modern Construction & High-End Finishes: Built in 2007, the home features meticulous attention to detail with Marinace natural stone counters, custom cabinets, stainless appliances, hand-hewn hickory floors, dual-pane windows, and on-demand hot water, indicating quality and modern comfort.
Spacious & Flexible Living Space: Offering 2,400 sqft of main living space with 4 bedrooms and 3.5 baths, plus an additional 1,100 sqft finished basement with a bath and separate entrance, providing significant versatility for various uses including a full-time residence, second home, or potential rental.
Desirable Outdoor Living & Amenities: The property includes professionally landscaped, private fenced yard, a spa with outdoor shower, a 2-car garage, and ample parking/storage, enhancing the indoor/outdoor living experience ideal for coastal enjoyment.
Partial Bay & Marina Views: The home offers partial views of boats and the bay, including a private view deck off the primary suite, adding aesthetic appeal and intrinsic value associated with waterfront proximity.

Cons

Listing Price Above Estimated Value: The current listing price of $3.925M is approximately 6% higher than the property's estimated value of $3.656M, which may impact buyer perception and negotiation potential.
Absence of Central Air Conditioning: While equipped with dual-zone central heating, the property description does not mention a cooling system, which could be a drawback for comfort during warmer periods, especially for a luxury home in California.
Limited View Scope: Although views are present, the description specifies 'partial views of boats & bay,' suggesting they may not be expansive or unobstructed, potentially falling short of expectations for some luxury buyers seeking panoramic water vistas.

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