$2,749,000

208 Terrace Way, Capitola, CA 95010

  • 3,155 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $871/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Located in the heart of Capitola Village by the Sea, this rare 5-unit Cape Cod style apartment property offers a highly desirable coastal living experience in an area dominated by vacation rentals and single-family homes. The property features ocean views and an unbeatable walkable location just steps to shops and restaurants and a short stroll to the beach creating a true year-round resort lifestyle. The flexible layout allows for multiple use strategies: an owner could occupy the two upper units as a private residence with ocean views while generating income from the three ground-floor units, or lease all five units for maximum cash flow. The property has been well maintained, with interiors renovated in 2019, and is offered fully furnished for immediate occupancy or rental. Opportunities like this are infrequent in Capitola Village, where demand remains strong and vacancy is minimal.

Listing Status:
Active
Date Added:
June 2, 2026
Data Last Updated:
July 6, 2026 at 1:06AM
Listing Office:
Sherman & Boone Realtors : 831-464-5050
Listing Agent:
Erik Barbic : 831-464-5039
MLS ID:
ML82049484
  • A/C: None
  • Heating: Wall Furnace
  • Disability Feature: Other
  • Roofing: Shingle
  • County: Santa Cruz
  • Zoning: RM03516328000
  • View: BayView
  • Water: Public
  • Sewer: Public Sewer

This listing courtesy of Erik Barbic , Sherman & Boone Realtors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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