$3,500,000
For Sale

2603 Monterey Avenue

Soquel, CA 95073
2040 sqft | 3 beds | 2 baths | 3.50 acres | #ML81990308
Listing OfficeColdwell Banker Realty
Browse 75 photos
Type:Purchase
Structure:House
Zone:Residential

Description

3.5-acre parcel in the heart of Soquel, recently re-zoned (RF-Min) for high-density residential and mixed-use development. Zoning designation offers an expedited, ministerial approval process no public hearings required and is exempt from CEQA, placing your project on the fast track. Potential for approximately 140± units, this property presents a significant opportunity to create a transformative residential or mixed-use community in one of Santa Cruz County's most desirable areas. The location is unbeatable: just minutes from New Brighton State Beach, Cabrillo College, Capitola Village, and major transportation lines. . Top-rated schools and coastal amenities enhance long-term appeal. As a designated Housing Element site, this parcel is aligned with mandates to increase housing supply. The County Planning Department supports streamlined development, imposing no additional County standards or discretionary reviews. This is more than land it's a ready-made opportunity for developers looking to deliver housing with fewer barriers and faster timelines in a sought-after coastal market. The property includes two existing homes served by natural gas, public sewer, and a private well. Public water is at street with available allocations through Soquel Creek Water District.

  • Property Details
      • Property SubtypeSingleFamilyResidence
      • Utility FeaturesNaturalGasAvailable
      • ViewParkGreenbelt
      • Sewer InformationPublicSewer
      • CountySanta Cruz
      • Original List Price$3,900,000
      • MLS #ML81990308
      • MLS #ML81990308
      • Property TypePurchase
      • Cost3500000
      • High SchoolSoquel
      • Acres3.504
      • School DistrictOther
      • Elementary SchoolOther
      • Middle SchoolOther
      • Square Feet2040
      • Year Built1947
      • Utility SourceWell
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Parking Spaces5

Location

Justin MillerReal Estate Group
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