$1,275,000

1510 Thompson Avenue, Santa Cruz, CA 95062

20% below the Santa Cruz median of $1.6M (109 active listings)

43% of Santa Cruz listings have cut their price · half have been listed 63+ days

2beds

2baths

1,356sqft

$940/sqft

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About this home

Ideally located on a quiet residential street in the highly desirable Live Oak neighborhood, this beautifully updated Santa Cruz home offers easy access to Hwy 1, Capitola Village, beaches, shopping, dining, and everyday conveniences. Situated on an expansive 8,712-sq ft lot, the property features a 1,356 sq ft main home plus two bonus flex spaces in a separate back unit, zoned R-1-4, with room to grow. Multiple outdoor living areas, an outdoor shower, and ample off-street parking make it perfect for entertaining, gardening, and enjoying the Santa Cruz lifestyle. Recent upgrades include a brand-new roof, a fully remodeled kitchen with new appliances, updated bathrooms, freshly refinished hardwood floors, and fresh interior and exterior paint. The spacious primary en suite features a kitchenette, ideal for multigenerational living, extended stays, or private guest accommodations. Two bonus flex spaces with separate entrances, plus a storage building with laundry and existing water lines, offer exceptional ADU potential, creating exciting opportunities for future guest quarters, remote work, creative studios, or rental income. This move-in-ready property combines thoughtful upgrades, future development potential, and one of Santa Cruz Countys most sought-after coastal locations.