For sale Home

Listed Aug 19, 2026

$1,250,000 Est. $8,268/mo

318 Lee Street

  • 3

    Beds

  • 3

    Baths

  • 2,153

    Sq ft

The story

Buyer incentive! Seller is offering a credit to help buy down your interest rate and lower your monthly payment. Investors- this is the best deal in Santa Cruz for a home of this size and has been a lucrative income producing property for 10 years. This versatile 3-bedroom (plus ground level bonus room), 2.5-bath home offers an exceptional blend of privacy, and convenience. Enjoy being just minutes from Downtown dining and shopping, UCSC, the Santa Cruz Beach Boardwalk, Main Beach, and Highway 17, with the local advantage of skipping the Fishhook and getting home faster. The flexible floorplan lives like a four bedroom home with endless possibilities. The roomy family room, brick fireplace, and expansive deck create inviting spaces to relax, gather, and entertain. Backing up to open space along Branciforte Creek, the property enjoys a peaceful, private setting while remaining remarkably close to urban amenities, beaches, and major commute routes. Whether you're looking for a primary residence, a flexible home with room to grow, a convenient home base for college students, or a desirable income-producing property, this home offers a rare combination of location, versatility, and lifestyle.

Facts & features

Home type

Home

Year built

1981

Floors

2

Price per sq ft

$581

Parking

2-car garage

Included features

  • Fireplace

    Yes

  • Heating

    Central

  • Appliances

    Dryer, Washer

  • Flooring

    Carpet, Laminate

  • Roof

    Composition

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$8,268 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $6,653
  • Property tax $1,250
  • Insurance $365

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Christie's International Real Estate Sereno

Broker Name

Christie's International Real Estate Sereno

Agent

Amy Kroeger

Location

Santa Cruz CA 95065