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Scott D. Comstock

scott@homesandwealth.com +1(559) 681-9500

Listed by Frank C. Oliver • Oliver Group, DRE#00491292

$ 1,988,000

Est. payment | -/mo

0.9 Acres Lot

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$ 1,988,000

Est. payment | -/mo

Save Video Tour

0.9 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential Development Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82043314

Lot Size 0.895 Acres

Property Sub-Type Residential Development Land

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 Live Oak

Zoning C-1

Exterior

Fence Chain Link, Fenced, Fenced Back, Fenced Front

Utilities Available Electricity - On Site, Gas - Available at Street

Present Use Industrial - Light,Nursery

Building

Lot Description Grade - Level

Sewer Sewer - Public, Sewer Available

Water Individual Water Meter, Public, Water On Site

Others

Tax ID 026-311-22-000

Horse Property No

Special Listing Condition Not Applicable

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+1(559) 681-9500

scott@homesandwealth.com

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1600 Brommer ST Santa Cruz, CA 95062