An oasis in the heart of Santa Cruz, this has been the home of the Fairytale Farm for many years. Now, it's ready for your dreams to take form. You will appreciate the ideal single-level floor plan that provides the option for flexible living arrangements. The private back bedroom, bathroom, and wet bar have been rented both on a short-term and long-term basis providing a nice income stream over the years. The current owners have a coveted whole-house vacation rental permit, and this may be transferrable to the next steward of the property. While this original Santa Cruz bungalow is a very special home, the RM zoning allows for a variety of very interesting DEVELOPMENT POSSIBILITIES. UPTO 7 UNITS could be built on this parcel. You could also add multiple units on the parcel while keeping the existing home in place which could even be converted into a duplex. First showings are on Thursday 10/12 from 9:30am-Noon, and both SAT/SUN 1-4pm. Don't miss this very special opportunity!
Single-familyProperty Type
1922Year Built
7,492 sq ftLot Size
$1,004Est. Price/Sq.Ft.
1 car garageParking
Listed by Daniel Oster•DRE #01381869• Coldwell Banker Realty
Contact: 831-252-5000
Bought with Maria Kelly•DRE #01826299• KW Thrive Santa Cruz
An oasis in the heart of Santa Cruz, this has been the home of the Fairytale Farm for many years. Now, it's ready for your dreams to take form. You will appreciate the ideal single-level floor plan that provides the option for flexible living arrangements. The private back bedroom, bathroom, and wet bar have been rented both on a short-term and long-term basis providing a nice income stream over the years. The current owners have a coveted whole-house vacation rental permit, and this may be transferrable to the next steward of the property. While this original Santa Cruz bungalow is a very special home, the RM zoning allows for a variety of very interesting DEVELOPMENT POSSIBILITIES. UPTO 7 UNITS could be built on this parcel. You could also add multiple units on the parcel while keeping the existing home in place which could even be converted into a duplex. First showings are on Thursday 10/12 from 9:30am-Noon, and both SAT/SUN 1-4pm. Don't miss this very special opportunity!
Public Records
Jun 28, 2002
Sold
$470,000
$336/sq ft
Public Records
May 8, 1996
Sold
$160,000
$115/sq ft
Public Records
Oct 17, 1974
Sold
$26,500
$19/sq ft
Public Records
Sep 11, 1969
Sold
$15,500
$11/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$12,285 (+7.3%)
$796,481 + $227,509
$1,023,990
2024
$11,447 (+1.2%)
$780,863 + $223,048
$1,003,911
2023
$11,309 (+1.1%)
$780,863 + $223,048
$1,003,911
2022
$11,183 (+2.1%)
$765,552 + $218,675
$984,227
2021
$10,951 (+0.8%)
$750,541 + $214,387
$964,928
2020
$10,866 (+2.2%)
$735,825 + $210,183
$946,008
2019
$10,632 (+1.1%)
$728,280 + $208,028
$936,308
2018
$10,512 (+47.6%)
$714,000 + $203,949
$917,949
2017
$7,120 (+5.7%)
$420,058 + $178,207
$598,265
2016
$6,734 (+2.7%)
$420,058 + $178,207
$598,265
2015
$6,554 (+1.7%)
$411,822 + $174,713
$586,535
2014
$6,445 (+10.9%)
$397,690 + $168,718
$566,408
2013
$5,809 (+3.8%)
$397,690 + $168,718
$566,408
2012
$5,598 (−0.7%)
$353,496 + $149,968
$503,464
2011
$5,640 (+0.7%)
$339,900 + $144,200
$484,100
2010
$5,600 (−6.3%)
$343,200 + $145,600
$488,800
2009
$5,980 (−1.4%)
$343,200 + $145,600
$488,800
2008
$6,065
$363,000 + $154,000
$517,000
Tax history for 728 Riverside Ave
Year
Property tax
Land + Additions
Assessment*
2025
$12,285 (+7.3%)
$796,481 + $227,509
$1,023,990
2024
$11,447 (+1.2%)
$780,863 + $223,048
$1,003,911
2023
$11,309 (+1.1%)
$780,863 + $223,048
$1,003,911
2022
$11,183 (+2.1%)
$765,552 + $218,675
$984,227
2021
$10,951 (+0.8%)
$750,541 + $214,387
$964,928
2020
$10,866 (+2.2%)
$735,825 + $210,183
$946,008
2019
$10,632 (+1.1%)
$728,280 + $208,028
$936,308
2018
$10,512 (+47.6%)
$714,000 + $203,949
$917,949
2017
$7,120 (+5.7%)
$420,058 + $178,207
$598,265
2016
$6,734 (+2.7%)
$420,058 + $178,207
$598,265
2015
$6,554 (+1.7%)
$411,822 + $174,713
$586,535
2014
$6,445 (+10.9%)
$397,690 + $168,718
$566,408
2013
$5,809 (+3.8%)
$397,690 + $168,718
$566,408
2012
$5,598 (−0.7%)
$353,496 + $149,968
$503,464
2011
$5,640 (+0.7%)
$339,900 + $144,200
$484,100
2010
$5,600 (−6.3%)
$343,200 + $145,600
$488,800
2009
$5,980 (−1.4%)
$343,200 + $145,600
$488,800
2008
$6,065
$363,000 + $154,000
$517,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
7,492 Sq. Ft.
Year renovated
1922
Sq. Ft.
1,397
Year built
1922
Style
Single Family Residential
County
Santa Cruz County
APN
00740125
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
RM
FP-O
Multiple Residence – Medium-Density District
To promote the development of multifamily townhouses, condominiums and apartments at a medium residential density of 20.1 to 40 units per acre depending on unit mix; to stabilize and protect the residential characteristics of the district; and to promote a suitable environment for the lives of families and single persons. This section of the Zoning Ordinance is also part of the Local Coastal Implementation Plan.
Zone overlays
Floodplain Overlay District
Permitted uses
Include but are not limited to:
Day care facility
Housing-Group
Housing-Multiple units
Housing-Other
Jul 17, 2024 • Final
Bldg residential
Perform a remodel of the kitchen and bathroom.
Bathroom
Kitchen
Remodel
Jul 2, 2019 • Final
Bldg residential
Remove and replace a water heater.
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Garage (Minimum): 1
Garage (Maximum): 1
Parking Description: Detached, Guest/Visitor Parking, Off-Street Parking, Parking Area
Garage Spaces: 1
Interior
Virtual Tour
Bedroom Information
# of Bedrooms (Minimum): 3
# of Bedrooms (Maximum): 3
Bathroom Information
# of Baths (Full): 2
Room Information
Dining Room Description: Dining Area in Living Room
Fireplace Information
Has Fireplace
Fireplace Description: In Living Room
Heating & Cooling Information
Heating: Central Forced Air (Gas)
Exterior
Exterior Features
Roof: Composition
Building Information
Subclass: Single Family Home
Building Type: Detached
Concrete Perimeter
Property Features
Living Sq. Ft.: 1,397
Lot Information
Lot Acres: 0.172
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: RM
Utilities
Utility Information
Sewer Septic: Sewer Connected
Utilities: Public Utilities
Water Information
Water: Public
Location
School Information
Elementary School District: Santa Cruz City Elementary
High School District: Santa Cruz City High
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,397
Stories: —
Lot Size: 7,492 square feet
Style: Single Family Residential
Year Built: 1922
Year Renovated: 1922
County: Santa Cruz County
APN: 00740125
Home facts updated by county records on Jul 10, 2026
Around this home
Schools
Gault Elementary School
Public K-5 • Assigned • 0.8mi
5/10
Branciforte Middle School
Public 6-8 • Assigned • 1.1mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 11-17% chance 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 81° expected this year, 15 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
Santa Cruz, CA • 95060
Average low and high temperatures (°F)
64
43
65
46
70
48
68
49
73
52
73
54
72
56
79
57
77
57
74
52
66
47
64
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.8 hours in
June and 4.9 hours in December, placing it above the
U.S. average for solar exposure.
10.8 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.33M – $1.61M
Sell confidently with a local market expert in Santa Cruz. 3 minutes to get started.