Located in the heart of Capitola Village by the Sea, this rare 5-unit Cape Cod style apartment property offers a highly desirable coastal living experience in an area dominated by vacation rentals and single-family homes. The property features ocean views and an unbeatable walkable location just steps to shops and restaurants and a short stroll to the beach creating a true year-round resort lifestyle. The flexible layout allows for multiple use strategies: an owner could occupy the two upper units as a private residence with ocean views while generating income from the three ground-floor units, or lease all five units for maximum cash flow. The property has been well maintained, with interiors renovated in 2019, and is offered fully furnished for immediate occupancy or rental. Opportunities like this are infrequent in Capitola Village, where demand remains strong and vacancy is minimal.

Based on information submitted to CRMLS as of June 9, 2026 10:51 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 208 Terrace Way

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Camarillo - Commercial Division

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Property Details of 208 Terrace Way

Map Location

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Camarillo - Commercial Division