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TerraceCapitola, CA 95010

For Sale

$2,749,000

Smart Buyer Rebate $27,490

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.

Listed by Erik Barbic

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License #01736370

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Sherman & Boone Realtors

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831-464-5039

Last updated June 09, 2026

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Source: MLSListings #ML82049484

Listing Facts

  • TypeMulti-family
  • NeighborhoodCapitola
  • Days on Prevu15
  • Size3,155 sqft
  • Price per sqft$871

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

06/02/2026
Listed by Sherman & Boone Realtors
$2,749,000

Property Details for Terrace

Association

General

  • Number Of Units In Community: 5

Exterior

Construction

  • Roof: Composition
  • Year Built: 1947

Measurements

  • Building Area Total: 3,155
  • Lot Size Area: 4,182
  • Lot Size Square Feet: 4,182

Financial

Taxes

  • Parcel Number: 035-163-28-000

Interior

Measurements

  • Living Area: 3,155

Other

Features

  • Accessibility Features: Other

Parking

Parking

  • Carport: Yes
  • Parking Features: On Street

Schools

Elementary School

  • Elementary School: Soquel Elementary
  • Elementary School District: Soquel Union Elementary

High School

  • High School: Soquel High
  • High School District: Santa Cruz City High

Middle or Junior School

  • Middle Or Junior School: New Brighton Middle

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 Terrace.

What schools are nearby to Terrace?

Nearby schools include the Soquel Elementary, New Brighton Middle, and Soquel High.

How does Terrace compare to other multi-family homes in Capitola?

This multi-family home is listed 31% below the average price for multi-family homes in Capitola and has been on the market for 17 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 3,155 sqft.

Terrace is a -bedroom multi-family home for sale in Capitola CA 95010. Available on Prevu for 15 days at $2,749,000. This residence features 3,155 square feet of living space, located in Capitola. The median listing price for multi-family homes in this area is $933,525. Nearby schools include Soquel Elementary, New Brighton Middle, and Soquel High. Property amenities include pets allowed. View other 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.