518 Capitola Avenue

Rare opportunity to own two detached residences on one property in the heart of Capitola, just minutes from Capitola Village, the beach, restaurants, and shops. Unlike a traditional duplex, each home is its own separate structure, offering exceptional privacy and flexibility with no shared living walls and no one living above or below. Both residences feature 2 bedrooms, 2 full baths, an attached 1-car garage, and in-unit laundry. Each has a bedroom and full bath on the ground floor, while upstairs the kitchen opens to the living and dining areas alongside a spacious primary suite. Unit B is enhanced by vaulted ceilings and a private deck, adding to its open and airy feel. Unit A is currently tenant occupied, while Unit B is owner occupied, providing future flexibility for an owner-user. Live in one and rent the other, enjoy a Capitola getaway with built-in income, or add a unique coastal property to your investment portfolio. A special opportunity to enjoy the Capitola lifestyle just moments from the Village. Adjacent property also available, creating a rare opportunity to acquire two neighboring income properties totaling five units in Capitola.

Days on Market

2 days

Current Status

Active

Original Price

$1,699,000

List Price

$1,699,000

On Market Date

Sep 4, 2026

Property Type

Single Family Home

Area

44 - Capitola

Zip Code

95010

MLS ID

ML82060142

APN

035-094-26-000

Year Built

1999

Stories in Building

0

Possession

Tenant Rights

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

4

Bath

4

Parking

4

Attached Garage

SQ FT

2,239

SQ FT Source

Unavailable

Lot SQ FT

4,008.0

Lot Acres

0.092011 Acres

Cooling

None

Dining Room

Dining Area

Disclosures

Natural Hazard Disclosure

Family Room

No Family Room

Foundation

Concrete Slab

Fire Place

Free Standing, Wood Burning

Heating

Central Forced Air

Laundry

Washer / Dryer

Possession

Tenant Rights

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.