$2,190,000
$600K PRICE DROP

Estimated payment $13,935/month

Total Views 22,971
5 Beds
3.5 Baths
4,568 Sq Ft
$479 Price per Sq Ft

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Aptos High School Rated A-
  • 0.87 Acre Lot
  • Vaulted Ceiling

About This Home

Ocean-View Mediterranean with Income Potential Opportunity Set on nearly an acre in a prime coastal location, this Mediterranean-style home offers a rare blend of charm, ocean views, and investment upside. With panoramic vistas of the sea, canyons, and mountains, the property is ideal for value-driven buyers looking to build equity through upgrades, rental income, or multigenerational living. The upper level features Saltillo tile, kitchen with breakfast bar, formal dining, and an expansive balcony perfect for indoor-outdoor entertaining. The primary suite includes a fireplace, window seat, walk-in closet, and a jacuzzi tub overlooking the mountains. A ship-inspired crows nest above a nautical bridge adds unique creative or office space. The lower level includes a private two-room guest suite with its own entrance and full bath ideal for ADU-style income, in-laws, or visitors. Two more bedrooms, a full bath, wet bar, and large living room offer flexible use. A custom cabinet-lined hallway leads to a serene canyon-view patio. A 3-car garage, workshop, and generous storage support future renovation. Originally rebuilt in 1987, this Rio del Mar home is ready for a refresh. Just minutes from Hwy 1, beaches, and shops a strong opportunity to invest in the coast and make it your own.

Listing Agent

Jeff Zahraie

Affinity Enterprises, Inc License #01073169 Listed on: 06/16/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,193

Year Built

  • Built in 1987

Lot Details

  • 0.87 Acre Lot
  • Zoning described as R-1-10-SP

Parking

  • 3 Car Detached Garage

Property Views

  • Ocean
  • Canyon

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,568 Sq Ft Home
  • Wet Bar
  • Entertainment System
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Bay Window
  • Garden Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Den
  • Loft
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Soaking Tub
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 044-131-08-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,193

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Age: 38
  • Listing Class: Residential
  • Structure Sq Ft: 4568
  • Year Built: 1987
  • Zoning Description: R-1-10-SP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar
  • Living Sq Ft: 4568
  • Security: Fire Alarm, Security Alarm, Video / Audio System
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Dryer, Inside, Washer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Den / Study / Office, Loft
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Primary - Stall Shower(s), Primary - Tub with Jets, Tile, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • View: Canyon, Ocean
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Garden Window, Open Beam Ceiling, Skylight, Vaulted Ceiling, Video / Audio System, Walk-in Closet, Wet Bar

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Parcel Number: 044-131-08-000
  • Lot Acres: 0.8660
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 37723.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 37723.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Pajaro Valley Unified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $27,193 $2,448,642 $1,243,157 $1,205,485
2024 $27,193 $2,400,629 $1,218,781 $1,181,848
2023 $26,730 $2,353,558 $1,194,883 $1,158,675
2022 $26,224 $2,307,409 $1,171,454 $1,135,955
2021 $25,664 $2,262,167 $1,148,485 $1,113,682
2020 $25,262 $2,238,970 $1,136,708 $1,102,262
2019 $24,819 $2,195,069 $1,114,420 $1,080,649
2018 $24,172 $2,152,029 $1,092,569 $1,059,460
2017 $23,978 $2,109,832 $1,071,146 $1,038,686
2016 $23,355 $2,068,463 $1,050,143 $1,018,320
2015 $23,195 $2,033,103 $1,080,086 $953,017
2014 $20,901 $1,831,624 $973,050 $858,574
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 For Sale $2,190,000 -4.4% $479 / Sq Ft
09/10/2025 09/10/25 Off Market $2,290,000 -- --
08/25/2025 08/25/25 Pending -- -- --
08/17/2025 08/17/25 Price Changed $2,290,000 -8.0% $501 / Sq Ft
07/11/2025 07/11/25 Price Changed $2,490,000 -10.8% $545 / Sq Ft
06/16/2025 06/16/25 For Sale $2,790,000 -- $611 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $1,625,000 First American Title Co
Interfamily Deed Transfer -- --
Grant Deed $810,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $0 Commercial
Previous Owner $300,000 Credit Line Revolving
Previous Owner $850,000 Negative Amortization
Previous Owner $100,000 Credit Line Revolving
Previous Owner $1,012,000 Unknown
Previous Owner $1,000,000 No Value Available
Previous Owner $400,000 No Value Available
Previous Owner $200,000 Credit Line Revolving
Previous Owner $80,000 Unknown
Source: Public Records

Source: MLSListings

MLS Number: ML82011236

MLSListings

APN: 044-131-08-000