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307 Treasure IslandAptos, CA 95003

For Sale

$1,295,000

Smart Buyer Rebate $12,950

Welcome Home! This rare legal duplex in the heart of Aptos coveted Rio Del Mar neighborhood just moments from the beach. Located on a quiet cul-de-sac, 307 Treasure Island Drive offers the perfect blend of coastal lifestyle and investment potential. The property features two separate units totaling approximately 1,400 sq ft, including an upper 2-bedroom, 1-bath residence with vaulted ceilings, abundant natural light, and sliding glass doors that open to a private balcony ideal for enjoying ocean breezes. The lower 1-bedroom, 1-bath unit offers its own private entrance and access to a sunny side yard, providing flexibility for rental income, guests, or multi-generational living. An attached two-car garage provides parking and additional storage. Just minutes from Rio Del Mar State Beach, Seacliff State Beach, Aptos Village shops and restaurants, and miles of trails in Nisene Marks State Park, this property offers convenient access to Highway 1 while maintaining the relaxed charm of coastal Aptos living. Ideal for investors, owner-occupants seeking income potential, or those looking for a beach-close retreat.

Listed by Daniel Chole

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License #02031480

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KW Thrive Santa Cruz

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408-767-8162

Last updated March 05, 2026

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Source: MLSListings #ML82037376

Listing Facts

  • TypeMulti-family
  • NeighborhoodRio del Mar
  • Days on Prevu12
  • Taxes$9,461/year
  • Size1,400 sqft
  • Price per sqft$925

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

03/05/2026
Listed by KW Thrive Santa Cruz
$1,295,000

Property Details for 307 Treasure Island

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Composition
  • Stories: 2
  • Year Built: 1962
  • Year Built Details: 2

Measurements

  • Building Area Total: 1,400
  • Lot Size Area: 2,875
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,875
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.95
  • Gross Income: $66,924.00
  • Operating Expense Includes: Other

Taxes

  • Parcel Number: 042-181-28-000
  • Tax Annual Amount: $9,461.00

Interior

Features

  • Appliances: Washer/Dryer
  • Flooring: Carpet, Laminate, Vinyl/Linoleum
  • Interior Features: Vaulted Ceiling

Measurements

  • Living Area: 1,400

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Attached Garage
  • Parking Total: 3

Schools

Elementary School

  • Elementary School District: Pajaro Valley Unified

High School

  • High School District: Pajaro Valley Unified

Utilities

Equipment

  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 307 Treasure Island.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 307 Treasure Island.

What are the annual taxes for 307 Treasure Island?

Annual taxes for this multi-family home are estimated at $9,461.

How does 307 Treasure Island compare to other multi-family homes in Rio del Mar?

This multi-family home is listed 24% below the average price for multi-family homes in Rio del Mar and has been on the market for 69 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,400 sqft.

307 Treasure Island is a -bedroom multi-family home for sale in Aptos CA 95003. On Prevu for 12 days at $1,295,000. This property features 1,400 square feet of living space, located in Rio del Mar. The median listing price for multi-family homes in this area is $1,250,000. The home offers pets allowed and parking. Browse more multi-family home listings in California.

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.