It's all about the big blue pond Gayle! He who is closest without falling in is the big winner. So yes,
ocean view, ocean peek, ocean sound, ocean walk, all get bonus points financially. Even in this
period of instability, the homes on the water sell fast and for better returns. What do you want to accomplish? 831 588 8485
Erica Pittman-Gaynor with Keller Williams here. Any homes in Santa Cruz Co. that are closer to the ocean definately have more value. I live off 26th Ave. in the Pleasure Point area. What we're seeing are so many tear downs and building of new custom homes. This only adds to the value of these neighborhoods. Pleasure Point is, afterall, a world famous surf spot. I went to Germany a few years ago and while sitting at Oktoberfest, sipping on a stein of lager, got to talking with a local man there. His dream was to come to California and surf at Pleasure Point. Although housing prices are expected to continue to drop for at least a year or two, five or more years from now a piece of Real Estate in Pleasure Point will be nothing but a good thing. Let me know if there's anything further I can tell you about the area. Hope this helps-
Have a great day!
Barry Green from American Dream Realty here...
Pleasure Pt is a very desirable area for surfers, as it is a world class surfing location. I lived there for many years before deciding to move to the hills in Aptos for a little more space for my family. We lived in a 2br/1ba on 32nd Ave, one block from the Point, that sold in 1997 for $270k. We sold in 2004 for $750k, and today that same 900 square foot home is probably worth closer to $695.
People are tearing down the old homes and building up. It is an unincorporated part of Santa Cruz, which falls under the jurisdiction of Santa Cruz County. Improvements to stabilize the cliffs and create a more formal bike/walk path along East Cliff Dr. are in the works.
Last October, I helped a family from San Francisco buy a $1.3 mil home in the Opal Cliffs neighborhood, which is just the other side of 41st Avenue from Pleasure Pt proper. I would say that area is the most desirable neighborhood in Pleasure Pt, with access to Privates Beach and a quick walk to Capitola Village. Homes on the cliffs there sell in the $3-5mil range.
Pleasure Pt will always be a very attractive place for folks to want to live. It has character, is relatively quiet compared to west side beach neighborhoods, has world class surfing and is close to 41st Avenue's services and amenities. Other parts of Santa Cruz offer similar levels of attractiveness for certain people. Being near the water is never a bad thing in my opinion...
Are you buying for a primary residence or rental/investment?