208 Terrace Way Capitola, CA $ 2,749,000
208 Terrace Way
$ 2,749,000
Recently Listed
Share Save

208 Terrace Way

Capitola, CA, 95010
$ 2,749,000
Bedrooms-- Baths-- Sq 3,155

Monthly Estimate*

$ 16,926

Listed by Sherman & Boone Realtors
208 Terrace Way, Capitola, CA 95010 - Image 1
208 Terrace Way, Capitola, CA 95010 - Image 2
208 Terrace Way, Capitola, CA 95010 - Image 3
208 Terrace Way, Capitola, CA 95010 - Image 4
208 Terrace Way, Capitola, CA 95010 - Image 5
208 Terrace Way, Capitola, CA 95010 - Image 6
208 Terrace Way, Capitola, CA 95010 - Image 7
208 Terrace Way, Capitola, CA 95010 - Image 8

Commercial Property for sale in Capitola, CA

for $2,749,000. This 3,155 square foot building was built in 1947 on a lot size of 0.096.

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.

See more

Commercial Active

Price

$ 2,749,000

Property Type

Commercial

Taxes

$ 30,000

Style

Lot Size

0.096

Year Built

1947

Town/City

Capitola

County/Region

Santa Cruz

MLS | Web ID

ML82049484

Days on Market

2

Features
General
Heating Wall Furnace
Cooling None
Roof Composition
Zoning RM
HOA Fee 0
Year Built 1947
County Santa Cruz
Insurance Expense 6000
Property Type Commercial Sale
MaintenanceExpense 1
Special Listing Conditions Standard
Status Active
High School Soquel
City Capitola
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 4182
Carport Spaces 0
Elementary School Other
Tax Annual Amount 30000
Middle/Junior High School Other
Trash Expense 1
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
See more
Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
See more
Exterior
Water Source Public
Total Parking 0
Lot Size Area 4182
Number of Buildings 1
Building Area Total 3155
Lot Size Acres 0.096
Lot Size Source Assessor
See more
* Excluded Features
List By
Sherman & Boone Realtors

Broker

erikb@sbacommercial.com

Email

Affordability Calculator

$19,426
Per Month
87%
13%
0%
Monthly Principal & Interest
$16,926
Monthly Property Taxes
$2,500
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
0 Elementary School
0 Middle School
Soquel High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2026$2,749,000 Listed Price

Map


See all

208 Terrace Way, Capitola, CA, 95010 is a Commercial Property for sale at $2,749,000 with 3,155 sqft and a lot size of 0.096. 208 Terrace Way was built in 1947. The property's zip code is 95010 which is in Capitola, CA