NOT LISTED FOR SALE

785 Las Olas Dr Aptos, CA 95003

Estimated Value: $8,307,341 - $9,198,000

5 Beds
4 Baths
2,930 Sq Ft
$2,987/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $10,000,000 $3,413 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $55,446/month

9 Days on Market

Highlights

  • Ocean View
  • Deck
  • Open to Family Room
  • Aptos High School Rated A-
  • High Ceiling
  • Skylights

About This Home

As of June 2022

Extraordinary, essentially new 5-bedroom home on the beach, in an exclusive, private, World Class Beach, Aptos location. Craftsmanship matches the view, breathtaking. The home underwent a 4M+ rebuild in 2019 and 2020. Don't miss this rare opportunity. Upgrades include a steel structure up through possible third floor addition, enabling the 42' window wall, ceiling on main level and floating stairs to second level. 9ft tall window wall is top of the line Fleetwood windows with storm level glass. A private entry courtyard designed by award winning landscape architect, Andie Cochran. Four full baths with top-of-the-line stone and glass. Premier quality lighting fixtures including pieces by John Pomp and Alison Berger. Gourmet kitchen featuring 48 Blue Star range with griddle, and Sub-Zero Pro refrigerator in kitchen, and full-size Sub-Zero wine refrigerator in garage, Security Gate & a private feeling beach. Truly Extraordinary, like a 10-carat diamond, it's a showstopper.

Last Agent to Sell the Property

Paul Bailey

Bailey Properties License #00546781 Listed on: 05/14/2022

Last Buyer's Agent

Kathleen Manning

Sotheby’s International Realty License #00885315

Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1952

Lot Details

  • 8,320 Sq Ft Lot
  • Southwest Facing Home
  • Gentle Sloping Lot
  • Grass Covered Lot

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Slab Foundation
  • Steel Frame
  • Ceiling Insulation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 2,930 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Ocean Views
  • Laundry in Garage

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Kitchen Island

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Low Flow Toliet
  • Walk-in Shower

Outdoor Features

  • Deck
  • Shed

Utilities

  • Radiant Heating System
  • Separate Meters
  • Sewer Within 50 Feet

Community Details

  • Seacliff Beach Association
  • Courtyard

Home Details

Home Type

Single Family

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-1-8
  • Subclass: Single Family Home
  • Style: Unknown
  • Listing Class: Residential
  • Structure Sq Ft: 2930
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Island, Oven Range - Built-In, Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2930
  • Stories: 2
  • Bedrooms: Walk-In Closet
  • Laundry: In Garage
  • Flooring: Carpet, Concrete
  • Fireplaces Min: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Primary - Stall Shower(s)

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Rolled Composition
  • View: Ocean, Water
  • Yard/Grounds: Courtyard, Deck, Low Maintenance, Storage Shed / Structure
  • Property Faces: Southwest
  • Construction Type: Steel Frame, Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, On Street, Parking Restrictions

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Sewer In Street

Condo/Co-op/Association

  • Complex Name: Seacliff Beach Association
  • H O A Name Text: Seacliff Beach Association

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-In Closet

Schools

  • High School: 826

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Lot Acres: 0.1910
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8320.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8320.00
  • Soil: Sandy

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Low Flow Toilet

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2018
Sold by
Jean Kvamme E and Jean Kvamme M
Bought by
Riccitiello John and John Riccitiello Living Trust
Current Estimated Value
$8,752,671

Purchase Details

Closed on
Feb 25, 2014
Sold by
Jean Kvamme E and Jean Kvamme M
Bought by
The Six Twenty Jf Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Riccitiello John $5,900,000 First American Title Company
The Six Twenty Jf Trust -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 Sold $10,000,000 +0.5% $3,413 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $9,950,000 -- $3,396 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

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 $113,420 $10,612,080 $8,701,906 $1,910,174
2023 $111,720 $10,200,000 $8,364,000 $1,836,000
2022 $69,902 $6,325,992 $5,682,671 $643,321
2021 $68,661 $6,201,953 $5,571,246 $630,707
2020 $67,617 $6,138,360 $5,514,120 $624,240
2019 $66,445 $6,018,000 $5,406,000 $612,000
2018 $17,196 $1,499,993 $1,131,883 $368,110
2017 $17,053 $1,470,582 $1,109,690 $360,892
2016 $16,616 $1,441,747 $1,087,931 $353,816
2015 $16,517 $1,420,090 $1,071,589 $348,501
2014 $16,144 $1,392,272 $1,050,598 $341,674
Source: Public Records

Agents Affiliated with this Home

  • Paul Bailey

    Seller's Agent in 2022

    Paul Bailey

    Bailey Properties

    (831) 818-0406

    1 in this area

    21 Total Sales

    Paul Bailey
    Section Image
  • Kathleen Manning

    Buyer's Agent in 2022

    Kathleen Manning

    Sotheby’s International Realty

    (831) 566-3127

    5 in this area

    53 Total Sales

    Kathleen Manning
    Section Image
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Map

Source: MLSListings

MLS Number: ML81891786

MLSListings

APN: 038-461-04-000

California Santa Cruz County Aptos 95003

785 Las Olas Dr, Aptos, CA

Not Listed for Sale

Detached

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