426 Bonita Drive

This heavy fixer, situated just minutes from Rio Del Mar and Seacliff Beaches, Cabrillo College and the villages of Aptos and Seacliff, offers a unique opportunity for contractors, developers and ambitious renovators. Set on a steep slope next to Hwy 1, this home has seen better days. It is currently boarded up and uninhabitable, with a graffiti-covered interior, missing walls and significant structural and septic concerns. The reverse floor plan places the kitchen, dining area, living room, two bedrooms and a bathroom on the upper level, while the lower level, likely a former garage, appears to have been converted into additional living space. This is not for the faint of heart. The home requires extensive rehabilitation and due to its condition, financing will likely require all cash or a hard money loan. If you're looking for a true project with upside potential in a prime coastal area, this could be the challenge for you!

Days on Market

0 days

Current Status

Active

Original Price

$400,000

List Price

$400,000

On Market Date

Apr 7, 2025

Property Type

Single Family Home

Area

48 - Rio Del Mar/Seascape

Zip Code

95003

MLS ID

ML82001312

APN

044-041-29-000

Year Built

1956

Stories in Building

2

Possession

COE

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

2

Bath

1

Parking

0

On Street

SQ FT

1,704

SQ FT Source

Unavailable

Lot SQ FT

4,748.0

Lot Acres

0.108999 Acres

Cooling

None

Dining Room

Dining Area

Disclosures

NHDS Report

Family Room

No Family Room

Foundation

Concrete Slab

Fire Place

Wood Burning

Heating

No Heating

Possession

COE

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

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