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1.49 Acres Lot
$ 2,975,000
Est. payment | /mo
1.49 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID ML81974031
HOA Y/N No
Lot Size 1.491 Acres
Property Description
Residential Development Opportunity. The site is 1.49 Acres/64,960 SF and will be delivered as its own parcel. It is within the city limits of Santa Cruz County, adjacent to Arana Gulch, a 68-acre public green space with multi-use trails for hiking, bicycling, and trail access to the Santa Cruz Yacht Harbor. Site access is from Frederick Street and by a deeded easement on Montesano Street. The primary frontage is 338 feet along Frederick Street. The area is easily accessed from Highways 1 and 17 and is served by public transportation less than 1/2 mile away. Zoning is RL and is described as Multiple Residence - Low Density. The allowable density is 2,200 square feet per unit (1,600 square feet per unit for one-bedroom/studio units). On a 64,960-square-foot lot, 30 units are allowed, or 41 units for all one-bedroom/studio units. The property is within 0.5 miles of a transit stop along Soquel Avenue and would qualify under the current density bonus and reduced parking requirements.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning RL
Interior
Fireplace No
Exterior
Fence Wood
Utilities Available None, Water Not Available
View Y/N Yes
Present Use Place of Worship
Building
Lot Description Paved
Sewer Public Sewer
Water None
Schools
Elementary Schools Other
Middle Schools Other
School District Other
Others
Tax ID 01108162
Special Listing Condition Standard
Listed by Carol Lezin • JR Parrish Inc.
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Kelly McLaughlin
REALTOR® | Lic# 01475708