105 Stephen Rd, Aptos, CA, 95003
About This Home
Timeless Spanish Charm in the Heart of Rio del Mar Beach. A rare opportunity to own one of the original Spanish-style fourplexes in sought-after Rio del Mar Beach. Built in 1932, this property reflects the architectural heritage of California's coastal communities while offering the stability of an exceptional investment. Situated on a single parcel moments from the sand, the fourplex features four one-bedroom, one-bath units a desirable mix that attracts tenants and strong rental demand in one of Santa Cruz's most coveted beachside neighborhoods. Units are separately metered. Recent improvements include a remodeled kitchen in Unit 1 and new paint and flooring in Unit 4. Residents enjoy an effortless coastal lifestyle steps from the beach, with Cabrillo College minutes away, Nisene Marks nearby for hiking and biking, and the shops and charm of Aptos Village close at hand. With multifamily development extremely limited and coastal properties increasingly hard to acquire, opportunities like this are rare historic architecture, a prime location, and lasting appreciation in one legacy asset. Ideal for expanding a portfolio, completing a 1031 exchange, or securing a trophy coastal asset this iconic fourplex is a true opportunity to own a piece of Santa Cruz County history.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1932
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Wood
Type & Style
- Home type: SingleFamily
- Property subType: Other,Residential
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Dining Room
- Features: NoFormalDiningRoom
Family Room
- Features: KitchenFamilyRoomCombo
Features
- Door features: Other
- Fireplace features: Other
Heating & Cooling
- Heating features: Other
- Cooling features: Other
Interior Area
- Total structure area: 2,532
- Total interior livable area: 2,532 sqft
Property
Accessibility
- Accessibility features: Other
Details
- Parcel number: 04214122000
- Zoning: RM-3
- Special condition: Standard
Features
- Stories: 2
Lot
- Lot size: 1,830 sqft
Parking
- Parking features: On Street
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 | $8,318 | $99,816 |
| Home Insurance * | $220 | $2,640 |
| Property Taxes | $822 | $9,864 |
| Electricity | $542 | $6,515 |
| Total | $9,902 | $118,824 |
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 |
|---|---|---|
| 2026-08-18 | Price change | $1,595,000 |
| 2026-08-12 | Price change | $1,645,000 |
| 2026-08-12 | Price change | $1,595,000 |
| 2026-07-29 | Price change | $1,645,000 |
| 2026-07-21 | Listed for sale | $1,745,000 |
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