This exceptional bluff-front property enhanced with a newer Carmel Style 4-car garage on Depot Hill in Capitola, offers an investment opportunity w/breathtaking views & close proximity to local attractions,, promising both prestige & tranquility. It includes a 4,838 sq ft -2-story 4-plex & a charming 495 sq ft 1 bedroom… Read More cottage, currently leased generating approx $25K in income, w/significant development potential. Zoned for both residential and bed and breakfast, it's a rare find in a prestigious area, w/potential for minor land division (in progress) and the development of 2 luxury homes w/ADU's or 4 condos with a house as just 2 possibilities. This picturesque setting offers expansive Monterey Bay views and marine life sightings. Near Capitola Village, it's a short walk to beaches, restaurants, shopping, and entertainment, offering a lifestyle of peace with community vibrancy. Just 26 miles from Silicon Valley, it's highly attractive in Santa Cruz County's market. An opportunity to own oceanfront property with development potential, this is an exceptional investment in a prime location. The value and potential of this property will increase significantly after the proposed lot split (currently inprogress) and the construction of apartments, condos or new homes with ADUs. Read Less
Courtesy of Intero Real Estate Services, Jennifer Cosgrove 408-930-8425
Listing Snapshot
Days Online
326
Last Updated
Property Type
Other
Beds
9
Full Baths
9
Square Ft.
4,838
Lot Size
0.83 Acres
Year Built
1956
MLS Number
ML81990913
30 Days Snapshot Of 95010
$1,210k
-22%
(avg) sold price
1
-50%
home sold
42
-31%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 36068.00, Max Area Units: Square Feet, Grade - Level, Possible Lot Split, Views
Building
Built in 1956, 4,838 square feet, 4,838 living square feet, Style: Cottage, Traditional
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.