Live Oak & Pleasure Point

Live Oak and Pleasure Point are census-designated places that lie between Santa Cruz City and Capitola. Live Oak gets its name from the majestic oak trees that are common in the area. Live Oak is primarily a residential area, however, the larger commercial areas in Santa Cruz City and Capitola are easily accessible. A world-renowned surf location, Pleasure Point is an oceanfront neighborhood distinct in history and culture. Residents of Pleasure Point enjoy a relaxed residential feel nestled alongside the shops and restaurants of lower 41st Avenue. Like their neighboring communities, Live Oak and Pleasure Point offer a broad spectrum of home types, including luxury mansions, single-family homes, apartment complexes, beach bungalows, and mobile home parks. 

Live Oak & Pleasure Point Housing Market Trends

MLS Area 45

In the 2017 calendar year, there were 203 single-family homes, condominiums, and townhouses sold in Live Oak and Pleasure Point. The average property spent 34 days on market and sold for 100.2% of the asking price. The median sale price for single-family homes was $902,000, while the median sale price for condominiums and townhouses was $560,000.

The most expensive residential property sold in Live Oak and Pleasure Point in 2017 was an oceanfront single-family home on Pleasure Point Drive. The 2,609 square foot home sold for $5,600,250 and featured four bedrooms, four full bathrooms, and one half-bathroom on a 6,316 square foot lot. The least expensive residential property sold was a Measure J Affordable Housing condo in a 62+ senior complex. The 600 square foot unit sold for $140,000 and featured one bedroom and one bathroom.

In the 2016 calendar year, there were 185 single-family homes, condominiums, and townhouses sold in Live Oak and Pleasure Point. The average property spent 31 days on market and sold for 100.3% of the asking price. The median sale price for single-family homes was $801,500, while the median sale price for condominiums and townhouses was $559,000.

The most expensive residential property sold in Live Oak and Pleasure Point in 2016 was a single-family Pleasure Point home with ocean views. The two-story, 3,359 square foot home sold for $6.5m and featured five bedrooms and three full bathrooms on an 8,015 square foot lot. The least expensive residential property sold was a Measure J Affordable Housing townhouse in a 62+ senior complex. The 588 square foot home sold in 187 days for $205,000 and featured one bedroom and one full bathroom.

In the 2015 calendar year, there were 214 single-family homes, condominiums, and townhouses sold in Live Oak and Pleasure Point. The average property spent 32 days on market and sold for 100.4% of the asking price. The median sale price for single-family homes was $799,000, while the median sale price for condominiums and townhouses was $480,000.

The most expensive residential property sold in Live Oak and Pleasure Point in 2015 was a single-family home with ocean views located near Sunny Cove. The two-story, 3,301 square foot home sold in 14 days for $5.7m and featured four bedrooms, three full bathrooms, and one half-bathroom on an 8,886 square foot lot. The least expensive residential property sold was a Measure J Affordable Housing condominium located at the top of 14th Avenue. The 656 square foot home sold in 39 days for $209,000 and featured one bedroom and one full bathroom.

In the 2014 calendar year, there were 221 single-family homes, condominiums, and townhouses sold in Live Oak and Pleasure Point. The average property spent 51 days on market and sold for 99.4% of the asking price. The median sale price for single-family homes was $770,000, while the median sale price for condominiums and townhouses was $424,750.

The most expensive residential property sold in Live Oak and Pleasure Point in 2014 was a single-family home with ocean views in the Opal Cliffs neighborhood. The two-story, 4,199 square foot home sold in 24 days for $4.8m and featured three bedrooms, three full bathrooms, and two half-bathrooms on a 10,454 square foot lot. The least expensive residential property sold was a Measure J Affordable Housing condominium in a 62+ senior complex. The 600 square foot home sold in 203 days for $104,000 and featured one bedroom and one full bathroom.

In the 2013 calendar year, there were 240 single-family homes, condominiums, and townhouses sold in Live Oak and Pleasure Point. The average property spent 43 days on market and sold for 100.0% of the asking price. The median sale price for single-family homes was $641,000, while the median sale price for condominiums and townhouses was $375,000.

The most expensive residential property sold in Live Oak and Pleasure Point in 2013 was a single-family home with ocean views in the Opal Cliffs neighborhood. The two-story, 4,200 square foot home sold in 444 days for $2.55m and featured three bedrooms, three full bathrooms, and one half-bathroom on a 13,068 square foot lot. The least expensive residential property sold was a Measure J Affordable Housing condominium in a 62+ senior complex. The 844 square foot home sold in 446 days for $109,000 and featured two bedrooms and one full bathroom.

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