Opal Cliff Drive homes, Pleasure Point, Live Oak, Santa Cruz County, California (2016)

Opal Cliff Drive homes, Pleasure Point, Live Oak, Santa Cruz County, California (2016)

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.

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Live Oak & Pleasure Point Housing Market Trends

MLS Area 45
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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.

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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.

 

Looking for more detailed or specific housing market information? We are happy to put together a targeted market analysis for your property or area of interest. Contact us to learn more.

"Residential properties" include Single-Family Homes, Condominiums, and Townhouses only. Market data is sourced from the MLSListings Inc. MLS system and is not guaranteed to be accurate. We have not and cannot verify information sourced from third parties. Read our full disclaimer here.

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