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208 Capitola Avenue, 
Capitola, CA 95010

$2,650,000

—

Bed

—

Bath

3,542

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Greg Lukina

David Lyng Real Estate

831-438-5700

Last updated:

December 19, 2025, 02:27 PM

MLS#

ML82022902

Source:

CRMLS

About This Home

208 Capitola Avenue

Live, Invest & Play in the Heart of Capitola Village! Just steps from the sand and surrounded by boutique shops and restaurants, this mixed-use property offers the ultimate coastal lifestyle with outstanding flexibility and income potential. The property features two beautifully updated residential units (a 2BR/2BA and a 1BR/1.5BA) plus two commercial storefronts, creating multiple opportunities for personal use and investment. Since 2020, it has undergone an extensive remodel, including new kitchens and bathrooms in both units, upgraded appliances, fresh interior and exterior paint, a new roof, and countless other thoughtful improvements. Located within Capitola's vacation rental zone, this property gives owners the option to enjoy their own beach retreat while benefiting from short-term rental income when away. Picture starting your day with a stroll along the sand, spending afternoons browsing local boutiques or enjoying waterfront dining, and capping the evening with a concert by the sea - all just outside your door. This is more than real estate it's a chance to fully embrace the Capitola lifestyle while securing an investment in one of the most sought-after coastal communities in California. Don't wait on this one!

Home Facts

Multi-Family

Built in 1936

Price Summary

2,650,000

$748 per Sq. Ft.

MLS #:

ML82022902

Last Updated:

December 19, 2025, 02:27 PM

Added:

3 month(s) ago

Rooms & Interior

Interior

Living Area:

3,542 Sq. Ft.

Structure

Structure

Building Area:

3,542 Sq. Ft.

Year Built:

1936

Lot

Lot Size (Sq. Ft):

1,785

Finances & Disclosures

Finances

Price:

$2,650,000

Price per Sq. Ft:

$748 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of December 30, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.