515 Chestnut Street, Santa Cruz, California 95060, Santa Cruz, - bed, bath

home-pic
ACTIVE$1,599,000
515 Chestnut Street, Santa Cruz, California 95060
3Beds
2Baths
1,608Sqft
5,314Lot
Year Built
1880
Close
-
List price
$1.6M
Original List price
$1.89M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82011047
Home ConditionGood
Features
Good View: Park/Greenbelt
Patio
ViewPark/Greenbelt

About this home

Step into a timeless treasure where original Victorian architecture & modern updates coexist in perfect harmony. Brimming with charm & full of natural light, this home offers the perfect blend of character, flexibility, privacy and locationall just a short walk to downtowns shops, restaurants, & entertainment. The main level welcomes you with high ceilings,original sash windows,& hardwood floors throughout. You'll find a bright &cozy bedroom, a beautifully remodeled bathroom, a spacious living/dining room, & a home office or library space. The newly updated kitchen blends style & function, w/ ample cabinetry & a sunny garden window that frames views of the private backyard oasisa lush garden retreat filled with mature trees, colorful blooms, w/ total privacy. With a separate entrance, the second story addition offers endless possibilities ideal for use as a rental, guest quarters, or extended family suite. This light-filled second level features cathedral ceilings and windows overlooking the garden, and includes two bedrooms, a full bath, washer/dryer, and an additional bonus roomperfect for a home office, art studio, or cozy den. This home is more than beautiful, it's a truly special place where history, comfort, and convenience come together in one unforgettable property.

Price History

Date
Event
Price
09/13/25
Price Change
$1,599,000-5.9%
08/16/25
Price Change
$1,699,000-2.9%
08/07/25
Price Change
$1,749,000
06/17/25
Listing
$1,889,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (87 Listings)
Beds33
50%
Baths22
50%
Square foot1,6081,792
38%
Lot Size5,3147,558
30%
Price$1.6M$1.51M
55%
Price per square foot$994$903
64%
Built year18809850985
1%
HOA
Days on market141148
47%
Condition Rating
Good

Despite being built in 1880, the property has undergone significant and recent updates, as described by 'newly updated kitchen' and 'beautifully remodeled bathroom.' The images confirm a clean, well-maintained interior with hardwood floors in main living areas and a fresh aesthetic. The kitchen features light blue painted cabinets, white countertops, and stainless steel appliances, presenting a functional and appealing space, though the cabinet style and basic light fixture prevent it from being considered 'virtually new' or high-end 'excellent.' The second-story addition appears modern and well-finished. The property is move-in ready with no immediate renovation required, aligning well with the 'Good' criteria for extensively renovated properties within the last 5-15 years. The presence of a window AC unit in the second story suggests some systems may not be fully integrated modern central systems, which is a minor detractor from an 'Excellent' rating.
Pros & Cons

Pros

Architectural Charm & Modern Updates: The property beautifully blends original Victorian architecture with modern updates, offering a unique and timeless appeal.
Flexible Living & Income Potential: A separate second-story addition with its own entrance provides versatile options for rental income, guest quarters, or an extended family suite.
Prime Downtown Location: Enjoy unparalleled convenience with a short walk to Santa Cruz's vibrant downtown shops, restaurants, and entertainment.
Private Garden Oasis: The property boasts a lush, private backyard retreat filled with mature trees and colorful blooms, offering tranquility and outdoor living.
Bright & Updated Interiors: High ceilings, abundant natural light, hardwood floors, a newly updated kitchen, and a beautifully remodeled bathroom enhance the living experience.

Cons

Historic Property Maintenance: Built in 1880, the property's age may imply potential for ongoing and specialized maintenance requirements for older systems not explicitly detailed as updated.
Significant Price Reductions: Multiple substantial price drops from the original list price of $1.889M to $1.599M could indicate initial overpricing or extended market time, potentially raising buyer questions.
Lack of Dedicated Parking/Garage: The property description does not mention dedicated off-street parking or a garage, which could be a significant drawback in a downtown location.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State