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Sold on 08/14/2025
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229 Monterey Ave, Capitola, CA 95010

$2,067,600

Last sold 08/14/2025 for $2M

  • 3

    bed

  • 1

    bath

  • 1,424

    Sqft ($1,404/Sqft)

House not for sale

About 229 Monterey Ave

Property type House
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 0.35 Acre
Movoto estimate
Rental estimate
Property description
Outstanding location and extremely rare offering. Build your dream homes or investment rentals. Recently surveyed and the properties potential has been investigated with a local land use planner. Over 15k lot! Highest and best use is to subdivide into a two lots of a minimum of 5000sf each. Many possible options: 1) Renovate the Main House and build a New Home with ADU on a new lot after MLD. 2) Build multiple residential . Lot is zoned RM which will allow a duplex and maybe more. Current Home is on a local list for potential historical site for Capitola. Its not on any state site. Any desire to remove the home would require an application for removal with the city and be evaluated by an architectual historian. Property next door at 233 Monterey is a 1/1 with 460 sf of interior space and approx.1800sf lot is for sale separately and may need to be purchased together with 229 Monterey.
Listed by
Listing Agent - Mark Oliverez
Listing Office - eXp Realty of California Inc
Source: MLSListings mls logo
MLS#ML81971670 • last updated 1 year ago
Movoto checked MLSListings for data 31 minutes ago
Overview
Cooling/AC None
Heating Floor Furnace
Type Residential
MLS # ML81971670
SqFt 1424
SubType Single Family Home
Lot Size (Acres) 0.35
Year Built 1920
Interior
# Full Baths 1
Total # of Bedrooms 3
Family Room No Family Room
Dining Room Dining Area
Exterior
Foundation Concrete Perimeter, Concrete Perimeter And Slab
Roof Composition
Garage/ Parking Desc Common Parking Area, Parking Area
Amenities / Utilities
Water Sources Public
Sewer/ Septic Sewer - Public
Utilities Individual Electric Meters, Individual Gas Meters, Public Utilities
Location
County Santa Cruz
Area Capitola
APN 035-163-33-000
Zoning RM
$2.06M
Range: $1.85M-$2.27M
Last 30 days 
Rental est.: $4,423/month
Gross rent multiplier: 37.7
  • Aug 2025
    Public Records
  • Aug 14, 2025 Sold
    $2,000,000
  • Aug 2025
    mls logo MLS # ML81971670
  • Aug 14, 2025 Sold
    $2,000,000 (-9.1%)
  • Aug 3, 2025 Pending
    —
  • Dec 15, 2024 Contingent
    —
  • Dec 10, 2024 Price Change
    $2,200,000 (-37.1%)
  • Jul 22, 2024 Listed
    $3,500,000
  • Jul 1, 2024 Listed
    $3,500,000
  • Year Property taxes Tax assessment
  • 2024
    $3,692 +7.3%
    $125,894 +2.0%
  • 2023
    $3,440 +3.8%
    $123,425
  • 2022
    $3,314 +4.6%
    $123,425 +4.04%
  • 2021
    $3,169 +2.6%
    $118,633
  • 2020
    $3,089 +2.5%
    $118,633 +1.04%
  • 2019
    $3,013 +3.5%
    $117,416 +2.0%
  • 2018
    $2,912 +2.3%
    $115,114 +2.0%
  • 2017
    $2,847 +3.2%
    $112,856 +2.0%
  • 2016
    $2,758 +6.7%
    $110,643
  • 2015
    $2,585
    —
  • 229 Monterey Ave
    $2M
  • Capitola
    —
  • 95010
    $1.29M +36% y/y
  • Capitola
    $1.29M +36% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
316 San Jose Ave, Capitola, CA 95010 $2,103,900 3/2 2,263 0.01
233 Monterey Ave, Capitola, CA 95010 $1,078,400 1/1 460 0.01
202 Terrace Way, Capitola, CA 95010 $2,786,400 3/2 1,889 0.02
101 Fanmar Way, Capitola, CA 95010 $1,903,700 3/2 1,466 0.02
105 Fanmar Way, Capitola, CA 95010 $2,348,100 3/2 2,195 0.02
204 Terrace Way, Capitola, CA 95010 $1,207,200 1/1 300 0.02
228 Monterey Ave, Capitola, CA 95010 $971,800 2/— 1,184 0.03
107 Fanmar Way, Capitola, CA 95010 $2,386,900 3/3 2,364 0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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