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    5-Unit Cape Cod Apartment Building Title is generated by Realmo AI

    208 Terrace Way, Capitola, CA 95010

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    For Sale
    $2,749,000

    Five-unit Cape Cod building with renovated interiors and ocean views in a walkable Capitola Village setting.

    Type:5+ Units / Five or More Units
    Property size:
    3,155 SF
    Price / SF:
    $871/SF
    Added:
    Jun 1, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 6 at 3:31 am

    Property Features for 208 Terrace Way

    General Information

    Standard status
    Active
    Size
    3,155 SF
    Property subtype
    5+ Units / Five or More Units

    Building Details

    Year Built
    1947

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    Listing Contact
    Erik Barbic
    Erik Barbic

    Listing agent Erik Barbic License #01736370

    Listing office Sherman & Boone Realtors

    Listing date Jun 1, 2026

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Sherman & Boone Realtors

    HighLights

    • Five‑unit Cape Cod apartment building built in 1947
    • Ocean views
    • Interiors renovated in 2019
    • Offered fully furnished for immediate occupancy or rental
    • Flexible setup: live in the two upper units and rent the three ground‑floor units, or lease all five

    Overview

    This 5-unit Cape Cod style apartment property is set up with flexibility for multiple use strategies. The building includes two upper units and three ground-floor units, allowing an owner to occupy the upper homes while generating rental income from the ground level. Interiors were renovated in 2019, and the property is offered fully furnished for immediate occupancy or rental.

    The property is located in the heart of Capitola Village by the Sea, described as offering ocean views. It is positioned within a walkable area steps from shops and restaurants, with a short stroll to the beach.

    For tenants, buyers, or owner-operators seeking a residential income property in a high-amenity, coastal setting, this layout provides practical live-in-and-lease options or the ability to lease all five units. Being fully furnished can reduce the time needed to start occupancy, and the 2019 renovations support a turn-key approach for both personal use and rental operations.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Real Estate Agency Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Capitola
    County
    Santa Cruz
    State
    California
    Longitude
    -121.9514048
    Latitude
    36.9746007

    FAQs

    What type of property is this?
    Apartment building - Five-unit Cape Cod building with renovated interiors and ocean views in a walkable Capitola Village setting.
    Where is this apartment building located?
    The property is located at 208 Terrace Way Capitola, CA.
    What is the asking price?
    The asking price for this property is $2,749,000.
    What are key features of this property?
    This property features: Five‑unit Cape Cod apartment building built in 1947; Ocean views; Interiors renovated in 2019
    More about this property
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