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Scott D. Comstock

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

Listed by Carlos Azucena • Marcus & Millichap, DRE#01738155

$ 10,800,000

Est. payment | -/mo

11 Beds

9 Baths

17,920 SqFt

Save

$ 10,800,000

Est. payment | -/mo

Save

11 Beds

9 Baths

17,920 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 17,920 sqft

Price per Sqft $602

MLS Listing ID ML82054274

Bedrooms 11

Full Baths 9

Year Built 1998

Lot Size 1.760 Acres

Property Sub-Type Five or More Units

Property Description

16 Spacious Townhomes. Expansive 1.76 Acre Rectangular Lot. Built in 1998. 1.5 Miles from the Beach. The Azucena Group of Marcus & Millichap is pleased to present the exclusive opportunity to acquire Spring Village, located at 2220 Chanticleer Avenue in the coastal city of Santa Cruz, California. The property is being offered for sale for the first time since its construction by the original developer. The property consists of (1) four-bed/two-bath townhouse, (3) three-bed/two-bath townhouses, (2) two-bed/two-bath townhouses with lofts, and (10) two-bed/two-bath townhouses. All homes are spacious two-story floor plans with private yards, in-unit laundry, 3:1 on-site parking and central A/C and heat. The large open spaces on also allow for the addition of more units/ADUs. Ideally positioned between Silicon Valley and Monterey Bay, Santa Cruz has become one of Northern California's most desirable residential and investment markets. The city's exceptional quality of life, coastal setting, and limited housing supply continue to drive strong demand for rental housing. With a median home sale price exceeding $1.4 million (as of May 2026), homeownership remains unattainable for many local residents due to high acquisition costs, constrained inventory, and persistent buyer competition.

Location

State CA

County Santa Cruz

Area Live Oak

Building/Complex Name Sunshine Village

Zoning RM-4

Interior

Heating Central Forced Air

Cooling Central AC

Exterior

Parking Features Uncovered Parking

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition

Building

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Public

Others

Restrictions None

Tax ID 029-042-10-000

Security Features None

Special Listing Condition Not Applicable

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+1(559) 681-9500

scott@homesandwealth.com

Serving ALL of California, United States

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2220 Chanticleer AVE Santa Cruz, CA 95062