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$2,700,000
Est. payment /mo
2 Beds
1 Bath
700 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $3,857
MLS Listing ID ML82005531
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1921
Lot Size 1.110 Acres
Property Sub-Type Single Family Residence
Property Description
High density multi family development opportunity - 28-32 Condo or apartment residential units; This property is being sold for development and not based on the existing/livable single family home that is there. The City of Scotts Valley supports a development that can accommodate condos or apartments. Planning department suggest accessing the property from Glen Canyon Dr. via a small bridge adding a unique entry. There are two access point to city sewer, public water and power. Seller had quotes to build units of 10 one bedroom, 12 two bedroom, 10 3 bedroom. At this price there seems to be a impressive ROI
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning Non conforming
Interior
Heating Baseboard, Electric
Cooling None
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Attached Garage No
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Other
School District Other
Others
Tax ID 02215111000
Special Listing Condition Standard
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Listed by Kathleen Zech • Coldwell Banker Realty
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