$3,900,000
For Sale

2603 Monterey Avenue

Soquel, CA 95073
2040 sqft | 3 beds | 2 baths | 3.50 acres | #ML81990308
Listing OfficeColdwell Banker Realty
Browse 25 photos
Type:Purchase
Structure:House
Zone:Residential

Description

A unique development opportunity in desirable Soquel California. Located in a newly created zoning designated for high density residential, RF-min, Residential Flexible. RF flexible zoning was adopted by Santa Cruz County in December of 2024 and allows for 47+/- units on this 3.5 acres with potential to scale up! Proximity to New Brighton State Park Beach, Cabrillo College, Grade Schools and the Soquel Drive Transportation Corridor, makes this location ideal for meeting the States housing requirements and fulfilling your development and/or 1031 Exchange needs. The property contains two vintage cottages plus appurtenant garage and storage space. The property is served with Natural Gas, Public Sewer and a Private Well with Public Water service lines in close proximity along Monterey Avenue.

  • Property Details
      • Property SubtypeSingleFamilyResidence
      • Utility FeaturesNaturalGasAvailable
      • ViewParkGreenbelt
      • Sewer InformationPublicSewer
      • CountySanta Cruz
      • Original List Price$3,900,000
      • MLS #ML81990308
      • MLS #ML81990308
      • Property TypePurchase
      • Cost3900000
      • High SchoolSoquel
      • Acres3.504
      • School DistrictOther
      • Elementary SchoolOther
      • Middle SchoolOther
      • Square Feet2040
      • Year Built1947
      • Utility SourceWell
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Parking Spaces5

Location

Jerry Avila#TheRealEstateGuy
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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