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512 2nd Street, Santa Cruz, California 95060, Santa Cruz, - bed, bath

home-pic
ACTIVE$3,900,000
512 2nd Street, Santa Cruz, California 95060
0Bed
0Bath
2,918Sqft
4,879Lot
Year Built
1900
Close
-
List price
$3.9M
Original List price
$4.1M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82019470
Home ConditionExcellent
Features
Good View:
Deck
Patio
View-

About this home

Gorgeous Historic Eastlake Victorian beach home! PRIME LOCATION - steps to the beach, the wharf, and the Boardwalk. Enjoy walking, biking, fishing, surfing, shopping and relax with gourmet coffee & fine dining! Legal duplex with open floor plans, keyless entry, smart TV, gated parking, USB outlets, dimmers. Complete permitted remodel in 2017, with high quality material & craftmanship, and impeccable attention to detail. Energy efficient, awarded Green Building status by the city of Santa Cruz. Plantation shutters, beautiful stain glass windows, durable bamboo hardwood floors with radiant heating, French doors, granite countertops, large functional islands, custom built-in cabinets, stainless steel appliances. Wrought iron security gate. Laundry in each unit. Upper unit offers 3 beds, 2 baths, two private decks to soak in the warm sunshine and feel the cool ocean breeze! Skylights and windows for abundance of natural sunlight. Downstairs is a comfortable high ceiling home with 3 beds, 2 1/2 baths. Ensuite bedroom. Low maintenance private patio & backyard.

Price History

Date
Event
Price
09/16/25
Price Change
$3,900,000-4.9%
08/28/25
Listing
$4,100,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (5 Listings)
Beds00
Baths00
Square foot2,9182,138
83%
Lot Size4,8796,055
33%
Price$3.9M$1.46M
83%
Price per square foot$1,337$785
83%
Built year19009540970
17%
HOA
Days on market69142
17%
Condition Rating
Excellent
Despite being built in 1900, this property underwent a complete permitted remodel in 2017, making it virtually new. The description highlights high-quality materials, craftsmanship, energy efficiency, and Green Building status. Images confirm modern, pristine kitchens with stainless steel appliances, granite countertops, and custom cabinets, along with updated bathrooms featuring contemporary tiling, vanities, and glass enclosures. The bamboo hardwood floors with radiant heating, modern light fixtures, and overall impeccable condition justify an 'Excellent' rating.
Pros & Cons

Pros

Unbeatable Coastal Location: The property boasts a prime location, steps away from the Santa Cruz Beach, Wharf, and Boardwalk, offering unparalleled access to recreational activities, dining, and entertainment.
Lucrative Income Potential: As a legal duplex with separate amenities including laundry in each unit, it presents excellent rental income opportunities or flexible multi-generational living arrangements.
Extensive & High-Quality Renovation: A complete, permitted remodel in 2017 utilized high-quality materials, craftsmanship, and modern features such as radiant heating, smart home technology, and stainless steel appliances.
Historic Charm with Modern Efficiency: The gorgeous Historic Eastlake Victorian architecture is beautifully preserved and combined with energy-efficient upgrades, achieving Green Building status, offering character without compromising contemporary comfort.
Desirable Lifestyle Amenities: Features like private decks, a low-maintenance patio and backyard, gated parking, and abundant natural light from skylights and windows significantly enhance the living experience.

Cons

Premium Price Point & Market Adjustment: The current list price of $3.9M, following a recent $200k reduction from $4.1M, indicates a high entry cost and potential market resistance, targeting a very specific buyer demographic.
Limited Lot Size: With a lot size of 4,879 sqft, the outdoor space is relatively modest for a property of this value, potentially limiting extensive landscaping or future expansion possibilities.
Absence of Central Air Conditioning: While radiant heating is a premium feature, the description does not mention a cooling system, which could be a comfort concern for some buyers during warmer periods, despite the coastal location.

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