Google street view image for 208 Terrace Way, Capitola, CA 95010

Off Market Mar 2017 for $1.7M

—

•

3,072

sq ft

208 Terrace Way, Capitola, CA 95010

About this home

Located in California's historic seaside resort "Capitola Village by the Sea, " this unique 5-unit unit Cape Cod-style apartment building is a highly sought-after living space in an area that is primarily comprised of vacation rentals and single family homes. Ocean views, a 2-minute walk to shops and restaurants and a 4-minute walk to the Beach offer a year-round vacation experience. Buyer could rent all 5 units or make the 2 upper floor units into a lovely home for the buyer while renting the 3 ground floor units for income. This property is well maintained and always under professional property management. These rental units are seldom available and always find new tenants very quickly. Current owner is updating units to increase income potential.

Multi-familyProperty Type

1947Year Built

4,182 sq ftLot Size

$560Price/Sq.Ft.

Listed by Cleo O'Brien •DRE #01350474 • Bailey Properties

Contact: 831-566-2536

Bought with Jessyka Sommers •DRE #01868652 • David Lyng Real Estate

Redfin checked: a minute ago

•Source:MLSListings #ML81634474

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 95010, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.7%

+0.3% MoM

Median sale price

$1.3M

$240K MoM

Avg. days on market

31d

0 days MoM

Recently sold homes

5 MoM

New listings for sale

VIDEO TOUR
$1,699,000
4 beds4 baths2,239 sq ft
518 Capitola Ave, Capitola, CA 95010
VIDEO TOUR
$1,199,000
3 beds3 baths1,526 sq ft
516 Capitola Ave, Capitola, CA 95010
OPEN TODAY, 1PM TO 4PM
$5,350,000
4 beds3.5 baths2,509 sq ft
304 Grand Ave, Capitola, CA 95010
OPEN TODAY, 1PM TO 4PM
$1,800,000
2 beds1 bath1,023 sq ft
4855 Crystal St, Capitola, CA 95010
OPEN TODAY, 1PM TO 4PM
$2,199,000
2 beds2 baths1,024 sq ft
539 Riverview Dr, Capitola, CA 95010
OPEN TODAY, 1PM TO 4PM
$650,000
2 beds1 bath893 sq ft
1147 Callas Ln #2, Capitola, CA 95010
3D WALKTHROUGH
$868,000
2 beds1.5 baths774 sq ft
815 Balboa Ave #106, Capitola, CA 95010
$1,500,000
4 beds2 baths2,065 sq ft
511 Capitola Ave, Capitola, CA 95010
See all

Provided by Redfin

Sale history for 208 Terrace Way

Date

Event

Price

bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81634474

Mar 17, 2017

Sold

$1,720,000

$560/sq ft

Mar 17, 2017

Sold

$1,720,000

$560/sq ft

Jan 25, 2017

Contingent

—

Jan 2, 2017

Listed

$1,750,000

$570/sq ft

Jan 1, 2017

Listed

$1,750,000

$570/sq ft

+16

Located in California's historic seaside resort "Capitola Village by the Sea," this unique 5-unit unit Cape Cod-style apartment building is a highly sought-after living space in an area that is primarily comprised of vacation rentals and single family homes. Ocean views, a 2-minute walk to shops and restaurants and a 4-minute walk to the Beach offer a year-round vacation experience. Buyer could rent all 5 units or make the 2 upper floor units into a lovely home for the buyer while renting the 3 ground floor units for income. This property is well maintained and always under professional property management. These rental units are seldom available and always find new tenants very quickly. Current owner is updating units to increase income potential.

bridgeMLS, Bay East AOR, or Contra Costa AOR #ML80325777

Oct 24, 2003

Sold

$1,036,000

$337/sq ft

Oct 24, 2003

Sold

$1,036,000

$337/sq ft

Sep 9, 2003

Listing Removed

—

May 5, 2003

Listed

$1,095,000

$356/sq ft

May 5, 2003

Listed

$1,095,000

$356/sq ft

bridgeMLS, Bay East AOR, or Contra Costa AOR #ML80014749

May 26, 2000

Sold

$990,000

$322/sq ft

May 26, 2000

Listing Removed

—

May 7, 2000

Sold

$990,000

$322/sq ft

Apr 17, 2000

Listed

$987,500

$321/sq ft

Apr 17, 2000

Listed

$987,500

$321/sq ft

MLSListings #ML80014680

May 26, 2000

Sold

$990,000

$322/sq ft

May 26, 2000

Sold

$990,000

$322/sq ft

May 7, 2000

Listing Removed

—

Apr 16, 2000

Listed

$987,500

$321/sq ft

Apr 16, 2000

Listed

$987,500

$321/sq ft

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Santa Cruz County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 2, 2026.

RM-L

Residential Multifamily, Low Density District

The purpose of the RM zoning district is to accommodate a range of housing types to serve all Capitola residents. The RM zoning district allows single-family and multifamily housing at higher densities to maintain and increase the supply of affordable housing choices. Housing in the RM zoning district will be carefully designed to enhance Capitola’s unique identity and to minimize impacts on adjacent land uses and structures. The RM zone is divided into three subzones (RM-L, RM-M, and RM-H) allowing for a range of permitted residential densities.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure

Property details

Parking

Parking Information
Parking Description: On Street, Parking Restrictions

Interior

Interior Features
Laundry: Washer/Dryer
Flooring: Carpet, Laminate, Tile, Vinyl/Linoleum

Heating & Cooling Information
Heating: Gas

Multi-Unit Information
# of Units in Complex (Minimum): 5
Annual Rental Income: $95,400
Annual Gross Income: $93,315
Gross Rent Multiplier: 18.19
Gross Scheduled Income: $96,201
Other Income: $801
Total Expenses: $26,756
Vacancy Factor: 3

Unit Type 1 Information
# of Bedrooms: 1
# of Units (Total): 1
# of Baths (Full): 1
Approx Sq. Ft.: 512
Rent: $1,800

Unit Type 2 Information
# of Bedrooms: 1
# of Units (Total): 1
# of Baths (Full): 1
Approx Sq. Ft.: 512
Rent: $1,600

Unit Type 3 Information
# of Bedrooms: 1
# of Units (Total): 1
# of Baths (Full): 1
Approx Sq. Ft.: 512
Rent: $1,425

Unit Type 4 Information
# of Bedrooms: 1
# of Units (Total): 1
# of Baths (Full): 1
Approx Sq. Ft.: 768
Rent: $1,575

Unit Type 5 Information
# of Bedrooms: 1
# of Units (Total): 1
# of Baths (Full): 1
Approx Sq. Ft.: 768
Rent: $1,550

Exterior

Exterior Features
View: City, City Lights, Downtown, Ocean
Roof: Composition

Building Information
# of Buildings: 1
Subclass: 5+ Units
Concrete Perimeter and Slab, Permanent

Property Features
Living Sq. Ft.: 3,072

Property Information
Ownership Type: Individual
Property Primary ID: 291619
Restrictions: Parking Restrictions
Tenant Expenses: Fee (Parking), Utilities (Electric), Utilities (Gas)

Land Information
Landscape Expense: $1,483

Lot Information
Lot Acres: 0.096
Lot Description: Grade (Level), Views
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: R

Financial

Tax/Assessment Information
Annual Tax Amount: $15,931

Utilities

Utility Information
Meters: Separate Electric, Separate Gas, Separate Water
Sewer Septic: Sewer (Public)
Utilities: Public Utilities

Water Information
Water: Public

Location

School Information
Elementary School District: Soquel Union Elementary
High School District: Santa Cruz City High

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Santa Cruz County
APN: —

Home facts updated by county records on Jun 2, 2026

Around this home

Schools

Main Street Elementary School

Public K-5 • Assigned • 1.2mi

7/10

New Brighton Middle School

Public 6-8 • Assigned • 0.3mi

7/10

Soquel High School

Public 9-12 • Assigned • 1.3mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 84° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

13 unhealthy days expected this year, 14 days in 30 years

Provided by First Street

Historical weather

Capitola, CA • 95010

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

70/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

7.6 hrs

5.6 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 95010

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516 Capitola Ave, Capitola, CA 95010

OPEN TODAY, 1PM TO 4PM

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OPEN TODAY, 1PM TO 4PM3D & VIDEO TOUR

$1,800,000

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OPEN TODAY, 1PM TO 4PM

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Home values near 208 Terrace Way

Data from public records.

Address	Redfin Estimate
209 Terrace Way, Capitola, CA 3 Beds \| 2.5 Baths \| 1650 Sq. Ft.	$2,353,783
203 Terrace Way, Capitola, CA 1 Beds \| 1 Baths \| 586 Sq. Ft.	$1,052,472

Address	Redfin Estimate
207 Terrace Way, Capitola, CA 3 Beds \| 2 Baths \| 1403 Sq. Ft.	$1,842,722
219 Terrace Way, Capitola, CA 2 Beds \| 1 Baths \| 864 Sq. Ft.	$1,492,716

Address	Redfin Estimate
205 Terrace Way, Capitola, CA 3 Beds \| 2 Baths \| 1136 Sq. Ft.	$1,842,099
212 Terrace Way, Capitola, CA 2 Beds \| 2 Baths \| 1336 Sq. Ft.	$1,755,522

Property information provided by MLSListings when last listed in 2017. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 95010, CA

Sale history for 208 Terrace Way

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 95010

Home values near 208 Terrace Way

More real estate resources