307 Treasure Island Dr, Aptos, CA, 95003
About This Home
Welcome Home! This rare legal duplex in the heart of Aptos coveted Rio Del Mar neighborhood just moments from the beach. Located on a quiet cul-de-sac, 307 Treasure Island Drive offers the perfect blend of coastal lifestyle and investment potential. The property features two separate units totaling approximately 1,400 sq ft, including an upper 2-bedroom, 1-bath residence with vaulted ceilings, abundant natural light, and sliding glass doors that open to a private balcony ideal for enjoying ocean breezes. The lower 1-bedroom, 1-bath unit offers its own private entrance and access to a sunny side yard, providing flexibility for rental income, guests, or multi-generational living. An attached two-car garage provides parking and additional storage. Just minutes from Rio Del Mar State Beach, Seacliff State Beach, Aptos Village shops and restaurants, and miles of trails in Nisene Marks State Park, this property offers convenient access to Highway 1 while maintaining the relaxed charm of coastal Aptos living. Ideal for investors, owner-occupants seeking income potential, or those looking for a beach-close retreat.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1962
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Residential Income
Interior
Appliances
- Appliances included: Washer/Dryer
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
Features
- Vaulted Ceiling(s)
- Door features: None
- Flooring: Carpet,Laminate,Vinyl Linoleum
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 04218128000
- Zoning: R-1-3.5
- Special condition: Standard
Features
- Stories: 2
Lot
- Lot size: 2,875 sqft
Parking
- Total spaces: 3
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Cruz County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,557 | $66,684 |
| Home Insurance * | $147 | $1,764 |
| Property Taxes | $549 | $6,588 |
| Electricity | $398 | $4,786 |
| Total | $6,651 | $79,812 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-31 | Price change | $1,248,000 |
| 2026-03-06 | Listed for sale | $1,295,000 |
| 2013-05-15 | Listing removed | $610,000 |
| 2013-03-29 | Listed for sale | $610,000 |
| 2010-08-07 | Listing removed | $670,000 |
| 2010-04-02 | Listed for sale | $670,000 |
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