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Market St, Santa Cruz, CA 95060, USA

Offered At:

$555,000

Bds.

Bths.

SqFt

5,418 SqFt Approx

4-Townhome Development Opportunity

ML82053101

Rare plug-and-play opportunity to build your choice of anything from a Single Family Residence-with or without ADU(s), up to a 4-Unit Townhome Development.​ City Preliminary Review has already been completed including issued comments and confirmation of feasibility for a proposed 4-unit townhome development, with each 900 square-foot unit including two bedrooms and 1 ½ baths in two stories, with shared parking, views toward Pogonip, and private front and rear yards.​

 

The proposal has been designed pursuant to the City's allowance of four units under SB9 with or without an actual land division.​ The development package represents a minimum $100K value in soft costs plus time saved for the new owner, with a paper trail that includes archaeological reconnaissance, biotic assessment, arborist's report, and original soils report.​ Includes architect-prepared site plans, floor-plans, exterior elevations, Site Section, 3D model, and renderings, designed in detail and assuming the use of modular construction.​

 

This fully-conforming parcel has been sub-divided from one of the properties on Linden Street, part of one of the most desirable neighborhoods in Santa Cruz, and has already been recorded with its own APN, with nothing contingent.​

 

The adjacent parcel, under separate ownership, is also on the market (of similar size without pre-application steps completed).​ This makes available the option to combine and develop both lots together under SB1123 for up to 9 Townhomes total, with buyer to confirm.All this, in a treelined setting, just minutes from Midtown, local shops, restaurants, parks, and beaches with convenient commute access.​

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More Information

We have compiled a comprehensive package of property information. To learn more about this property, submit a request to view the disclosure package.

Santa Cruz

Nestled along the stunning coastline of central California, Santa Cruz is a captivating coastal gem that seamlessly blends natural beauty with a laid-back, bohemian atmosphere. Renowned for its iconic beach boardwalk, the city exudes a classic California charm, attracting surfers, artists, and nature enthusiasts alike. With its vibrant downtown, Santa Cruz offers a diverse array of eclectic shops, artisanal eateries, and a thriving arts scene, all set against the backdrop of the majestic Santa Cruz Mountains. The city's redwood-lined landscapes provide a picturesque backdrop for outdoor activities, from hiking in the nearby state parks to exploring the serene UC Santa Cruz Arboretum. Santa Cruz's distinctive blend of surf culture, progressive values, and breathtaking scenery creates a unique and welcoming enclave on the California coast, making it a must-visit destination for those seeking a harmonious blend of beachside relaxation and vibrant community spirit.

Property Presented By

Datta Khalsa

Residential, Commercial, and Business Sales

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