Property Map
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Courtesy of Intero Real Estate Services, Jennifer Cosgrove 408-930-8425
Description
This exceptional bluff-front property enhanced with a new Carmel Style 4-car garage on Depot Hill in Capitola, offers a lucrative investment with breathtaking views and proximity to local attractions, promising both prestige and tranquility. It includes a 4,838 sq ft two-story fourplex and a charming 495 sq ft one-bedroom cottage, currently leased, generating approx. $25K in income, with significant development potential. Zoned for both residential and bed and breakfast, it’s a rare find in a prestigious area, with potential for minor land division and the development of 2 (or 3!) luxury homes with ADU’s. Its picturesque setting boasts expansive Monterey Bay views and marine life sightings. Near Capitola Village, it’s a short walk to beaches, dining, 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, it’s an exceptional investment in a prime location. Consider the adjacent property at 106 Livermore, listed at $7.9M for a smaller house and lot, highlighting the exceptional value and potential of this development after the proposed lot split and new homes with ADU’s are built.
Property Details and Features
Listing
- Source: MLSListings
- Listed on 2024-02-29 00:00:00
Lot
- Max Area: 36068.00
- Max Area Units: Square Feet
- Grade – Level
- Possible Lot Split
- Views
Bedrooms
- 9 bedrooms
Bathrooms
- 9 full bathrooms
Location
- County: Santa Cruz
Building
- Built in 1956
- 4,838 square feet
- 4,838 living square feet
- Style: Cottage,Traditional
- Building type: Detached
Dining Room
- No Formal Dining Room
Family Room
- No Family Room
Foundation
- Crawl Space
Roof
- Shake
- Composition
Cooling
- None
Garage
- 4 garage spaces
- Detached Garage
- Parking Area
- Room for Oversized Vehicle
Parking
- 6 parking spaces
Water Features
- Public
Heating
- Wall Furnace
Utilities
- Public Utilities
Sewer
- Sewer – Public
Property
- Bay
- Ocean
- Water Front
- Zoning: R-1 and VS
- Horse property?: No
Fence
- Fenced Back
- Partial Fencing
Schools
- Elementary school district: Soquel Union Elementary
- Middle school: New Brighton Middle
- High school: Soquel High
- High school district: Santa Cruz City High
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Listings last updated on May 9, 2024 4:04AM.