797 Las Olas Dr, Aptos, California 95003, Aptos, - bed, bath

home-pic
ACTIVE$16,950,000
797 Las Olas Dr, Aptos, California 95003
5Beds
5Baths
5,332Sqft
23,043Lot
Year Built
1997
Close
-
List price
$16.95M
Original List price
$16.95M
Price/Sqft
-
HOA
$553
Days on market
-
Sold On
-
MLS number
41104856
Home ConditionExcellent
Features
Excellent View:
Deck
View-

About this home

Introducing The Sea Dragon - a once-in-a-lifetime beachfront estate. This iconic and incomparable on-the-sand property is one of the largest beach lots in Santa Cruz County. Sea Dragon sits on the premier END lot of the exclusive gated Las Olas Drive (Spanish for "The Waves") community with jaw-dropping views of Monterey Bay. There are 5 large bedrooms, a chef's kitchen, home theater, and bar area - room for everyone to relax, entertain, and soak up the beach lifestyle. Walls of glass - including a dramatic curved window in the living room- create the feeling of sailing a luxury yacht at sea. A stunning mahogany paneled office, elegant stone compass rose flooring inlay in the foyer (oriented to true north), and extensive architectural details throughout. Whether you're watching whales from the expansive wraparound deck, cooking for family and friends, or simply enjoying the ocean air, this home is made for beachside living at its best. The Sea Dragon has its own private gate, 3-car garage and extra guest parking in the private driveway. This is a rare chance to own a truly special place on the California Coast. Dive into the ultimate beachfront lifestyle!

Price History

Date
Event
Price
07/15/25
Listing
$16,950,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (89 Listings)
Beds53
91%
Baths52
98%
Square foot5,3321,936
99%
Lot Size23,0438,560
82%
Price$16.95M$1.5M
99%
Price per square foot$3,179$797.5
98%
Built year19979875988
89%
HOA$553
0%
Days on market113151
26%
Condition Rating
Excellent

Built in 1997, this property, known as 'The Sea Dragon,' presents as virtually new due to its exceptionally high-quality construction, timeless design, and meticulous maintenance. The 'chef's kitchen' features professional-grade stainless steel appliances, custom white cabinetry, and luxurious stone countertops and backsplash, all in pristine condition. Bathrooms boast high-end stone tiling, custom vanities, and modern glass-enclosed showers. Throughout the home, hardwood flooring, intricate architectural details, and custom mahogany paneling (as seen in the office and home theater) demonstrate superior craftsmanship and material selection. There is no visible deferred maintenance or physical depreciation. The property meets current luxury quality standards, offering a move-in ready, top-tier living experience.
Pros & Cons

Pros

Unrivaled Beachfront Location & Views: This is a 'once-in-a-lifetime beachfront estate' situated 'on-the-sand' on the 'premier END lot' of an exclusive gated community, offering 'jaw-dropping views of Monterey Bay' and the opportunity to 'watch whales from the expansive wraparound deck'.
Exceptional Size & Exclusivity: The property boasts 'one of the largest beach lots in Santa Cruz County' (23,043 sqft) with a substantial 5,332 sqft residence, within the 'exclusive gated Las Olas Drive community' ensuring privacy.
Luxury Amenities & Architectural Detail: Features include 5 large bedrooms, a chef's kitchen, home theater, bar area, 'walls of glass' with a 'dramatic curved window', a 'stunning mahogany paneled office', and 'elegant stone compass rose flooring inlay', showcasing extensive high-end architectural details.
Designed for Entertainment & Lifestyle: The layout and features are explicitly designed for relaxation and entertaining, allowing residents to 'soak up the beach lifestyle' and enjoy 'beachside living at its best'.
Privacy & Ample Parking: The estate benefits from its 'own private gate', a '3-car garage', and 'extra guest parking in the private driveway', providing significant convenience and seclusion.

Cons

Exorbitant Price Point: The list price of $16.95 million positions this property in an ultra-luxury niche, significantly limiting the pool of potential buyers.
High Maintenance & Operating Costs: As a large, luxury beachfront estate with extensive features, it will inherently incur substantial ongoing maintenance, insurance, and utility costs, in addition to the $553 monthly association fee.
Potential for Dated Elements: Built in 1997, while well-appointed, some architectural details or systems may not align with the latest modern design trends or energy efficiency standards, potentially requiring future updates for some discerning buyers.

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