Date
Details
Price
Change
Source
6/02/2026
Listed
$2,749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/8
$2,749,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/8
Property Description
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.
Full Property Details
Full Property Details for 208 Terrace Way
General
- Price: $2,749,000
- Status: Active
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82049484
- Updated: 6/2/2026
- Added to Site: Today
Additional Information
- Security/Safety: Other
Parking
- Parking Features: On Street
Location
- Area: Capitola
- County: Santa Cruz
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Telecomm.: Other
- Utility Description: Public Utilities
- Metering: Master Electric, Master Gas, Master Water
Structural Information
- Foundation: Concrete Slab
- Roof: Composition
- Disability Access: Other
- Square Feet: 3,155
- Year Built: 1947
Unit Information
Unit 1
- Square Feet: 600
- Bedrooms: 1
Lot Features
- Property View: Bay, Ocean
- Minimum Lot Size: 4182
- Building Sites: 1
- Zoning: RM
Disclosures and Reports
- Restrictions: None
Listed by Sherman & Boone Realtors, Erik Barbic
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 208 Terrace Way —
Erik Barbic
Sherman & Boone Realtors
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 208 Terrace Way
Tax History
Tax History for 208 Terrace Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$32,200
25%
$2,354,142
22%
2023
$25,793
2%
$1,934,926
2%
2022
$25,397
3%
$1,896,987
2%
2021
$24,721
2%
$1,859,789
2%
2020
$24,225
2%
$1,825,278
2%
2019
$23,652
2%
$1,789,488
2%
2018
$23,203
30%
$1,754,400
38%
2017
$17,803
6%
$1,267,336
2%
2016
$16,823
3%
$1,242,486
2%
2015
$16,291
2%
$1,223,824
2%
2014
$15,931
—
$1,199,850
—
2013
$15,924
—
$1,194,426
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 208 Terrace Way
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Townhouse
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 1,272Sq. Ft.
Listed by Lauren Spencer (CalRE#: 00925382) (831) 818-3723 and Amy Jeske (CalRE#: 01476829) (831) 345-0338
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 2Total Baths
- 1,559Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,798Sq. Ft.
Listed by Karon Properties, Nathan Zenner and Karon Properties, Pauline Zenner
- Townhouse
- Active
- Updated 15 hours ago
- 3Beds
- 2Total Baths
- 1,233Sq. Ft.
Listed by EF Homes (831) 247-0477
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 6 days ago
- 2Beds
- 1Total Bath
- 2,600Sq. Ft.
Listed by Sotheby's International Realty, Brian Brunetti
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 2,027Sq. Ft.
Listed by eXp Realty of California Inc, Strock Team
- Single Family
- Active
- Updated 6 days ago
- 2Beds
- 2Total Baths
- 912Sq. Ft.
Listed by eXp Realty of California Inc, Strock Team
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 2,042Sq. Ft.
Listed by Coastal Dream Realty, Rose Shahbazian - Cedar
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Triplex
- Closed
- 1,000Sq. Ft.
Listed by Marcus & Millichap, Adam S. Levin and Marcus & Millichap, Robert Johnston
Sold by M&MKW, Francisco Cuellar and Marcus & Millichap, Adam S. Levin
Sold by M&MKW, Francisco Cuellar and Marcus & Millichap, Adam S. Levin
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 2,872Sq. Ft.
Listed by David Lyng Real Estate, George Wilson and David Lyng Real Estate, Jeanne Wilson
Sold by S1047, Sara Wilson
Sold by S1047, Sara Wilson
- Single Family
- Closed
- 5Beds
- 5Total Baths
- 3,805Sq. Ft.
Listed by Christie's International Real Estate Sereno, Michael Bloch
Sold by Expca, Gayle O'Neal
Sold by Expca, Gayle O'Neal
- Single Family
- Closed
- 5Beds
- 3Total Baths
- 3,492Sq. Ft.
Listed by Anderson Christie, Inc., David Anderson and Newhouse & Associates, Sarah Newhouse
Sold by Amy Jeske (CalRE#: 01476829)
Sold by Amy Jeske (CalRE#: 01476829)
208 Terrace Way, Capitola, CA 95010 (MLS# ML82049484) is a Commercial Residential Facility property. 208 Terrace Way is currently listed for $2,749,000 and was received on June 02, 2026. Want to learn more about 208 Terrace Way? Do you have questions about finding other Commercial Residential Facility real estate for sale in Capitola? You can browse all Capitola real estate or contact a Coldwell Banker agent to request more information.