$1,599,800~~$1,799,000~~▼ $199K price cut

505 Hanover Street, Santa Cruz, CA 95062

$1.8M$1.6M$199K below original ask (11%)

Right at 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

4beds

2baths

1,840sqft

$869/sqft

About this home

Two turn-key homes on one large lot with extra building area and each unit with its own address, private access, and polished finishes. Ideally situated in Santa Cruz's sunny Banana Belt neighborhood, just minutes from Seabright Beach, Pleasure Point, Downtown, and local amenities. It offers 2 updated 2BD/1BA -920 sq. ft. units with rebuilt baths, commercial grade LifeProof LVP flooring, new doors, fixtures, and ventilation fans. Unit 505 features a ground up kitchen remodel with quartz counters, dove gray cabinetry, subway tile to the ceiling, soft close drawers, recessed lighting on dimmers, builtin microwave, dishwasher, and gas range with electric ready option. Exterior highlights include Craftsman style front doors, new garage doors, private outdoor spaces, coastal rock garden, low maintenance turf, and irrigation. Unit 505 enjoys an enclosed front yard with gated entry plus an approximate 2,000 sq. ft extra lot area with potential for ADU, workshop, or big gardens! One unit is owner occupied and the other is tenant occupied at $3,500/month, creating a live in one, rent the other opportunity in a highly walkable beachside Seabright location close to restaurants, breweries, and everyday amenities.