5080 Garnet Street, Capitola, California 95010, Capitola, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$3,899,000
5080 Garnet Street, Capitola, California 95010
6Beds
5Baths
2,340Sqft
3,572Lot
Year Built
1965
Close
-
List price
$3.9M
Original List price
$5M
Price/Sqft
-
HOA
-
Days on market
107 Days
Sold On
2025-11-28
MLS number
ML82017931
Home ConditionExcellent
Features
Excellent View: Ocean
Deck
Spa
ViewOcean

About this home

AMAZING OCEAN VIEW HOME IN CAPITOLA JEWEL BOX. A rare gem unlike anything on the market. Beautifully updated 4bedroom 4 bath home PLUS attached 2 bedroom 1 bath apartment. Income potential, multi-generational living! Just a 1 minute stroll to Shadowbrook, Capitola Beach & Village. Corner lot in in the best neighborhood! Reverse floorplan with 1st-floor primary suite opening to a private redwood deck with hot tub. Spa-inspired bath with heated floors & oversized rain shower. A 2nd bedroom, full bath, and an additional spacious 1 bed 1bath suite with separate living area & private entrance complete the downstairs. Upstairs enjoy an open concept layout with large great room, dining area, and chefs kitchen featuring gorgeous soapstone slab counters, custom maple cabinetry, and GE Monogram appliances. Step outside to one of the largest ocean facing decks in Capitola with panoramic ocean views from every angle. Hickory floors throughout 2nd level. Upstairs bedrm & full bath perfect for guests. Attached 3-car garage w/ laundry. Separate entrance to upstairs 2 bed & 1 bath apartment with ocean-view deck & stainless appliances. Whole house solar, outdoor showers & storage. Rare multi-unit opportunity in a prime neighborhood.

Price History

Date
Event
Price
09/11/25
Price Change
$3,899,000-11.4%
08/21/25
Price Change
$4,399,000-12.0%
08/13/25
Listing
$4,999,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (27 Listings)
Beds63
93%
Baths52
93%
Square foot2,3401,639
86%
Lot Size3,5725,031
25%
Price$3.9M$1.71M
93%
Price per square foot$1,666$1,141.5
93%
Built year19659830985
46%
HOA
Days on market84148
14%
Condition Rating
Excellent

Despite being built in 1965, this property has undergone a beautiful and extensive renovation, as highlighted by the 'beautifully updated' description. The kitchen features high-end GE Monogram appliances, custom maple cabinetry, and soapstone slab counters, all in excellent, modern condition. The primary bathroom is described as 'spa-inspired' with heated floors and an oversized rain shower, indicating a luxurious and recent upgrade. The second level boasts new hickory floors, and the property includes whole-house solar, further demonstrating significant, modern improvements. The overall aesthetic in the images is contemporary and well-maintained, suggesting all components are new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Exceptional Location & Walkability: The property boasts a prime corner lot location, just a one-minute stroll to Capitola Beach, Village, and Shadowbrook, offering unparalleled convenience and lifestyle.
Panoramic Ocean Views: Features amazing, panoramic ocean views from every angle, including one of the largest ocean-facing decks in Capitola, significantly enhancing its appeal and value.
Strong Income/Multi-Generational Potential: Includes an attached 2-bedroom, 1-bath apartment with a separate entrance and ocean-view deck, providing excellent income potential or flexible multi-generational living options.
High-End Renovations & Finishes: Beautifully updated throughout with a chef's kitchen (soapstone counters, custom maple cabinetry, GE Monogram appliances), spa-inspired primary bath (heated floors, oversized rain shower), and hickory floors.
Premium Amenities: Equipped with desirable features such as a private redwood deck with hot tub, an attached 3-car garage with laundry, whole-house solar, and outdoor showers.

Cons

Significant Price Reductions: The property has undergone multiple substantial price reductions from its original list price ($4.999M to $3.899M), which may indicate initial overpricing or market resistance.
Older Construction Base: Built in 1965, despite extensive updates, the underlying structure and some systems may be older, potentially requiring more maintenance or future capital expenditures compared to newer builds.
Limited Lot Size: The lot size of 3,572 sqft is relatively small for a luxury property in a prime coastal location, which might be a drawback for buyers seeking more expansive outdoor space.

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