Property Overview:
240 Rio Del Mar Blvd, Aptos, CA 95003 is a condominium built in 1970. Units range from 2 to 3 bedrooms, 2 bathrooms, and 972–1,138 sq. ft. of living space. Features include panoramic ocean views, remodeled interiors, fireplace, central heating/cooling, washer/dryer in unit, and a tandem 2-car garage with storage. Recent sales range from $715,000 (2020, 2bd/2ba) to $937,000 (2017, 3bd/2ba). Estimated current values are $936,700–$950,000+.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 5.6% (lower than state average of 11.8%)
- Property crime risk: 2.6% (lower than state average of 10.8%)
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Schools:
- Nearby schools: Valencia Elementary, Aptos Junior High, Delta Charter, Rio Del Mar Elementary, Aptos High
- Average SAT score: 942 (below state average of 975)
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Job Market:
- 66.9% white-collar jobs, 33.1% blue-collar jobs
- Unemployment rate: 2.2% (lower than state average of 4.7%)
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Demographics:
- Community population: 24,712 (8% growth since 2000)
- 66% families with children
- Largest age group: 45–54 years (17.24%)
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk
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Weather:
- Average temperature: 39.3°F (January), 68.4°F (July)
- Average rainfall: 36.7 inches/year
- Average snowfall: 0 inches/year
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Cost of Living:
- Median household income: $86,197
- Average annual spending: $62,652
Property Features:
- Stunning panoramic ocean views from living areas, kitchen, and balcony
- Largest floor plan in the building (select units: 3bd/2ba, 1,138 sq. ft.)
- Custom, high-end remodels:
- Bamboo floors, new windows/sliding doors
- Elegant white pebble fireplace with gas insert
- Seafoam green granite or quartz countertops
- Custom kitchen cabinets & hardware
- Convection oven/microwave combo, ceramic cooktop, filtered water dispenser
- Stainless steel sink with pull-out faucet, garbage disposal
- Liebherr beverage refrigerator, Uline drawer refrigerator
- Custom lighting (pendants, under-cabinet)
- Guest bath: Teal blue glass tile, jacuzzi tub, glass pedestal sink, white marble floor
- Remodeled throughout: New flooring, shower tile, vanities, appliances
- Open-concept kitchen/living area with direct ocean views
- Washer/dryer in unit
- Tandem 2-car garage with storage
- Security system
- Community pool and short walk to the beach
- Vacation rentals permitted (rare for the area)
- Furnished monthly rentals available (select units)
Location Benefits:
- Direct beach access; walk to sand, surf, and scenic coastal trails
- Watch whales, dolphins, and sunsets from your windows
- Walking distance to restaurants and shops (5 minutes)
- Short drive to Capitola, Pacific Grove, and other coastal attractions
- Located in the Pajaro Valley School District
- Ideal for full-time living, vacation home, or investment rental
- Life is better at the beach!