**Unearth a rare find in Capitolas prestigious Jewel Box neighborhood!** This 2-bedroom, 1-bath cottage spans 1,092 sq ft on a 3,223 sq ft lot and is ready for its next dazzling chapter. Positioned perfectly just over a block from the breathtaking ocean cliffs in two different directions, and a short stroll to the vibrant Capitola Village, the location is absolutely priceless. Now, let's be real: the current house is a bit of a "rough diamond" (okay, more like a fixer-upper in need of a serious rescue mission). Whether you bring your toolbelt for a total down-to-the-studs remodel or decide to start fresh and build the custom coastal masterpiece of your dreams, this property is the ultimate blank canvas. Opportunities to grab a piece of real estate this close to the Monterey Bay don't happen every day. Bring your architect, bring your imagination, and get ready to polish this Opal into the crown jewel of the block! *Buyer to verify all building and zoning requirements with the city.*
Listing provided courtesy of Shawna Spaulding of Coldwell Banker Realty. Last updated 2026-06-27 08:17:42.000000. Listing information © 2025 CRMLS.