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Listed by Carol Lezin • JR Parrish Inc.
$ 2,975,000
Est. payment | /mo
64,960 SqFt
$ 2,975,000
Est. payment | /mo
64,960 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
Square Footage 64,960 sqft
Price per Sqft $45
MLS Listing ID ML81974031
HOA Y/N No
Originating Board Datashare MLSListings
Lot Size 1.491 Acres
Property Description
Residential Development Opportunity. The site is 1.49 Acres/64,960 SF and will be delivered as its own parcel. It is within the city limits of Santa Cruz County, adjacent to Arana Gulch, a 68-acre public green space with multi-use trails for hiking, bicycling, and trail access to the Santa Cruz Yacht Harbor. Site access is from Frederick Street and by a deeded easement on Montesano Street. The primary frontage is 338 feet along Frederick Street. The area is easily accessed from Highways 1 and 17 and is served by public transportation less than 1/2 mile away. Zoning is RL and is described as Multiple Residence - Low Density. The allowable density is 2,200 square feet per unit (1,600 square feet per unit for one-bedroom/studio units). On a 64,960-square-foot lot, 30 units are allowed, or 41 units for all one-bedroom/studio units. The property is within 0.5 miles of a transit stop along Soquel Avenue and would qualify under the current density bonus and reduced parking requirements.
Location
State CA
County Santa Cruz
Interior
Fireplace No
Building
Lot Description Mostly Level
Schools
School District Santa Cruz City High, Santa Cruz City Elementary
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227