Capitola Homes under $1.5 million

3 Beds ⋅ 2 Baths ⋅ ML82062991 MLS

3 Blocks to the beach and Esplanade, in the heart of Capitola Village listed at $869,000- you cannot find a vacant lot in Capitola village for this low price--OHHHH THE POSSIBILITIES! This is a 3 bedroom (records reflect 2 bedrooms), 2 bath home with off-street parking- hard to come by! 1 bedroom downstairs and 2 bedrooms upstairs- the smaller of the 2 would be perfect for a nursery or a home office! This charming 104 year old home is zoned mixed use, nicely updated bathrooms, updated plumbing & dual pane windows. Home was previously divided into two units- the possibilities are endless, definitely a perfect home for shared living- rent one level and live in the other! Put your personal touches on this one and enjoy living in one of the greatest locations in California! Step out the front door and the choices are endless: 2 doors down-Avenue Cafe; Up the street-Gayles Bakery; Down the street-the Beach and Village - Don't hesitate on this one it is cute as a button!

431 Capitola AVE, Capitola

Listed by Tyanne Scaletti, 831-234-8004 from Bailey Properties
(If provided) CoList: Pat Simmons from Bailey Properties

$1,199,000

3 Beds ⋅ 3 Baths ⋅ ML82060123 MLS

A rare value-add opportunity in the heart of Capitola, just minutes from Capitola Village, the beach, restaurants, and shops. This versatile triplex features three units across two structures, offering multiple possibilities for investors, owner-occupants, or buyers seeking a Capitola second home with rental income. The front building includes a 1-bedroom/1-bath unit and studio/1-bath unit, while a detached 2-bedroom/1-bath residence sits privately toward the rear. The rear unit features in-unit laundry and will be delivered vacant, creating an opportunity to renovate and make it your own while generating income from the other two units. Each unit has its own off-street parking space. Zoned MU-N (Mixed Use, Neighborhood), the property offers intriguing potential for future improvements or redevelopment, subject to City approval. Build equity through renovation, explore the property's longer-term possibilities, or reposition a well-located investment. Adjacent 2-unit property also available, creating a rare opportunity to acquire 5 units across two neighboring Capitola properties.

516 Capitola AVE, Capitola

Listed by Greg Lukina, 831-600-5581 from David Lyng Real Estate
(If provided) CoList: Derek Fenster from David Lyng Real Estate

$1,199,000

3 Beds ⋅ ML82060122 MLS

A rare value-add opportunity in the heart of Capitola, just minutes from Capitola Village, the beach, restaurants, and shops. This versatile triplex features three units across two structures, offering multiple possibilities for investors, owner-occupants, or buyers seeking a Capitola second home with rental income. The front building includes a 1-bedroom/1-bath unit and studio/1-bath unit, while a detached 2-bedroom/1-bath residence sits privately toward the rear. The rear unit features in-unit laundry and will be delivered vacant, creating an opportunity to renovate and make it your own while generating income from the other two units. Each unit has its own off-street parking space. Zoned MU-N (Mixed Use, Neighborhood), the property offers intriguing potential for future improvements or redevelopment, subject to City approval. Build equity through renovation, explore the property's longer-term possibilities, or reposition a well-located investment. Adjacent 2-unit property also available, creating a rare opportunity to acquire 5 units across two neighboring Capitola properties.

516 Capitola AVE, Capitola

Listed by Greg Lukina, 831-600-5581 from David Lyng Real Estate
(If provided) CoList: Derek Fenster from David Lyng Real Estate

$1,199,000

2 Beds ⋅ 1 Baths ⋅ ML82060043 MLS ⋅ Opal Cliff East BLDG.

Wow! Endless Views of Monterey Bay from every room! Two Bedroom, 1 Bath end unit 924 square foot Condo with 270-degree views of Monterey Bay. Large Private Patio with beautiful flowers, makes this a perfect indoor-outdoor entertainers' property. Wake up to the views of the Pacific Ocean, Capitola Wharf and Moss Landing. Just down the road is Downtown Capitola and all that it has to offer with its restaurants and shops.

4820 Opal Cliff DR 103, Capitola

Listed by Patrick Crema, 408-314-8908 from Crema Properties
(If provided) CoList: from

$619,000

2 Beds ⋅ 1 Baths ⋅ ML82059725 MLS ⋅ Capitola Knolls BLDG.

This turnkey end unit condo offers maximum privacy and style with brand new LVP flooring, a fully remodeled bathroom, and two oversized bedrooms featuring a large primary walk in closet. The updated kitchen shines with sleek stainless steel appliances, granite countertops, updated cabinetry, and a large pantry for plenty of storage. Complete with a 1 car carport, additional storage, and shared laundry. Enjoy the ultimate low maintenance coastal lifestyle where every day feels like a vacation. Stroll to New Brighton Beach, grab morning coffee and pastries at the iconic Gayles Bakery, or spend the afternoon exploring the vibrant shops, dining, and year-round festivities in Capitola Village.

1147 Callas LN 2, Capitola

Listed by Erick Fernandez, 831-247-0477 from Coldwell Banker Realty
(If provided) CoList: from

$848,000

2 Beds ⋅ 2 Baths ⋅ ML82059372 MLS ⋅ Anchor West BLDG.

Welcome to 815 Balboa Avenue #106! This updated 2 bed, 1.5 bath condo offers 759 sq ft of bright coastal living in Eastside Capitola, one block from New Brighton State Beach. The open kitchen & living room share a calm, light-filled atmosphere, with a sliding glass door leading to a private balcony that faces the water. A fireplace anchors the living area, and the dining area takes in ocean views of its own. The kitchen features stainless steel appliances with generous cabinet & counter space, including room to serve and dine just off the main living area. The primary bedroom includes a walk-in closet, adding to the home's ample storage. Residents enjoy a community pool and a shared rooftop deck with coastal views. One block from New Brighton State Beach, with easy access to Capitola Beach, Capitola Village, Gayle's Bakery & Highway 1. Equally suited as a full-time residence or low-maintenance weekend retreat. A relaxed blend of coastal comfort & convenience in the heart of Capitola.

815 Balboa AVE 106, Capitola

Listed by Aaron Derbacher, 408-828-8114 from KW Bay Area Estates
(If provided) CoList: Jason D'amico from KW Bay Area Estates

$1,500,000

4 Beds ⋅ 2 Baths ⋅ ML82059357 MLS

This duplex offers a unique combination of space, location, and potential in the heart of Capitola Village. Rarely does a property of this size become available in such a prime location. Enjoy the ultimate Capitola Village lifestyle with the beach, local boutiques, restaurants, and grocery stores just a short stroll away.While being within easy walking distance of the action, the property is positioned just outside the main thoroughfare, providing a peaceful retreat from the hustle and bustle. This property is an ideal choice for investors or those looking for a versatile living arrangement. While the home retains much of its original charm and is ready for a modern touch, it offers a fantastic blank canvas for a new owner to customize the space and significantly add value. The garage presents a great opportunity, with some TLC, it can be restored to full functionality, providing highly coveted, private off-street parking. The current long-term tenants are happy to stay, offering immediate, reliable income for a new owner looking for a rental investment. Whether you are looking to add something special to your portfolio or secure a foothold in one of the coast's most desirable cities, this duplex presents a rare and versatile opportunity.

511 Capitola AVE, Capitola

Listed by Wilhelm Zilliacus, 831-566-8649 from Bailey Properties
(If provided) CoList: from

$1,500,000

4 Beds ⋅ ML82059281 MLS

This duplex offers a unique combination of space, location, and potential in the heart of Capitola Village. Rarely does a property of this size become available in such a prime location. Enjoy the ultimate Capitola Village lifestyle with the beach, local boutiques, restaurants, and grocery stores just a short stroll away.While being within easy walking distance of the action, the property is positioned just outside the main thoroughfare, providing a peaceful retreat from the hustle and bustle. This property is an ideal choice for investors or those looking for a versatile living arrangement. While the home retains much of its original charm and is ready for a modern touch, it offers a fantastic blank canvas for a new owner to customize the space and significantly add value. The garage presents a great opportunity, with some TLC, it can be restored to full functionality, providing highly coveted, private off-street parking. The current long-term tenants are happy to stay, offering immediate, reliable income for a new owner looking for a rental investment. Whether you are looking to add something special to your portfolio or secure a foothold in one of the coast's most desirable cities, this duplex presents a rare and versatile opportunity.

511 Capitola AVE, Capitola

Listed by Wilhelm Zilliacus, 831-566-8649 from Bailey Properties
(If provided) CoList: from

$1,077,000

3 Beds ⋅ 2 Baths ⋅ ML82056236 MLS ⋅ Brookvale Terrace HOA BLDG.

Welcome to Capitola & Brookvale Terrace - walk to the beach, Gayles, the village, & mid-county social center/gardens. Immediate access to creek and hillside hiking trails, pool, hot tub, gym, clubhouse. #77 Features high ceilings, roomy living spaces, front & back off-street parking, All New electric appliances, high efficiency hybrid electric heat pump water heater, vinyl plank flooring, interior/exterior paint, front landscape, back patio & vinyl fence. Deeded ownership of your parcel and shared ownership of the common areas. Low $375/mo HOA fee covers water, sewer, garbage, professional park management and maintenance. Enjoy the quiet, friendly, all age community, regular neighborhood activities, and this sought after destination.

300 Plum ST 77, Capitola

Listed by John Guernsey, 831-291-2561 from eXp Realty of California Inc
(If provided) CoList: from

$600,000

2 Beds ⋅ 1 Baths ⋅ ML82057821 MLS ⋅ Capitola Knolls BLDG.

NEW PRICE! A fresh opportunity to own in Capitola, now offered at $600,000. Walk to New Brighton State Beach for a morning by the water, grab coffee and pastries at Gayle's Bakery, spend the day surfing or paddleboarding, explore the shops and restaurants of Capitola Village, or head into the redwoods for hiking and biking in The Forest of Nisene Marks. It's all part of what makes this location such a special place to call home or escape to for the weekend. Beautifully updated and move-in ready, this 2-bedroom condo offers the ease of low-maintenance living with a light-filled interior featuring fresh designer paint, upgraded countertops, custom window coverings, stylish finishes, and a primary bedroom with a spacious walk-in closet. A true private garage provides valuable parking and storage, while the pet-friendly community offers a pool and peaceful common greenbelts. Cabrillo College is just minutes away, along with convenient access to Highway 1. Whether you're looking for a full-time residence or a coastal weekend retreat, this Capitola condo offers a wonderful combination of location, convenience, and lifestyle.

1133 Callas LN 2, Capitola

Listed by Sandra Lilly, 831-246-2656 from Christie's International Real Estate Sereno
(If provided) CoList: from

$1,350,000

4 Beds ⋅ 2 Baths ⋅ ML82057072 MLS

FOUR BEDROOM TWO BATH HOME. SALE SUBJECT TO LONG TERM LEASE.

833 Sir Francis AVE, Capitola

Listed by Wayne Shaffer, 831-332-1084 from Shaffer & Associates
(If provided) CoList: from

$775,000

3 Beds ⋅ 2 Baths ⋅ ML82055528 MLS ⋅ Capitola Knolls HOA BLDG.

Welcome to this rare opportunity in the highly desirable Capitola Knolls community! This beautifully maintained 3 bed, 1.5 bath condominium offers 1,134 sqft of inviting living space thoughtfully designed for comfort and functionality. Inside, you'll find a bright, open-concept floor plan with stylish wood plank flooring, an updated kitchen featuring rich wood cabinetry, granite countertops, and ample storage, along with a seamless flow between the living, dining, and kitchen. Step outside to your private patio, an ideal space for morning coffee, outdoor dining, or relaxing after a day at the beach. Upstairs, you'll find three spacious bedrooms, a full bathroom, and dual-pane windows that fill the home with natural light. Located in the highly desirable Capitola Knolls community, residents enjoy beautifully maintained park-like grounds with towering redwoods, expansive greenbelts, walking paths, a sparkling community pool, and spa. The monthly HOA fee covers water, garbage, and insurance, providing added convenience and value for homeowners. The home also includes a shared two-car garage with a private garage door and additional storage. Just minutes from Capitola Village, New Brighton State Beach, local restaurants, shopping, Cabrillo College, and convenient Highway 1 access.

1117 Sutherland LN 2, Capitola

Listed by Kaitlyn Christensen, 408-355-8109 from eXp Realty of California Inc
(If provided) CoList: Jeremy Larson from eXp Realty of California Inc

Capitola Homes under $1.5 million

Newest Capitola Homes under $1.5 million