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$1,988,000
Est. payment /mo
0.9 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82043314
HOA Y/N No
Lot Size 0.895 Acres
Property Description
Located in the heart of walkable Midtown Santa Cruz, this 0.86-acre C-1 zoned site sits where residential charm meets commercial energy, surrounded by eclectic cafes, local businesses, and cultural venues, making it a natural fit for mixed-use development. The proposed project features 57 residential units (5 studios, 32 one-bedrooms, 20 two-bedrooms, including 6 VLI units) plus 4,793 SF of ground-floor commercial space with underground parking. Designed by acclaimed Hochhauser Blatter Architects, the modern 4-story concept includes 87 structured parking spaces, private balconies, rooftop terraces, a courtyard, and a public plaza designed to expand the footprint and maximize ROI. Bonus density is already approved with concessions on height, parking, and use, unlocking 100,843 SF of total buildable area, with an alternative affordable housing path that could yield 80+ units for density-focused investors. The location speaks for itself 0.8 miles to Twin Lakes State Beach with easy access to Sunny Cove Beach, the harbor, parks, dining. Pricing is structured at present value and adjusts as the seller hits benchmark milestones. See disclosures for full renderings, site plans, and proposal details. Aerial Interactive Image: https://kuula.co/share/LfvnK?logo=1&info=1&fs=1&vr=0&thumbs=1
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning C-1
Interior
Fireplace No
Exterior
Fence Chain Link
Utilities Available Electricity Available
View Y/N No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Schools
Elementary Schools Live Oak
Middle Schools Other
High Schools Santa Cruz
School District Other
Others
Tax ID 02631122000
Special Listing Condition Standard
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Listed by Frank C. Oliver Oliver Group #00491292
NEARBY SCHOOL & BUSINESS
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