Waterfront
Address
723 El Salto DR, Capitola, CA
Price
$ 7,998,000
Property Attributes
- MLS#ML81955924
- TypeLand
- CountySANTA CRUZ
- CityCapitola
- AreaCapitola
- Zip95010
- StyleMulti-Family,Residential,Single Family
- Price$ 7,998,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.828 Acres
Data Source:
MLSListings Inc.
Property Description
This exceptional bluff-front property enhanced with a new Carmel Style 4-car garage on Depot Hill in Capitola, offers a lucrative investment with breathtaking views and proximity to local attractions, promising both prestige and tranquility. It includes a 4,838 sq ft two-story fourplex and a charming 495 sq ft one-bedroom cottage, currently leased, generating approx. $25K in income, with significant development potential. Zoned for both residential and bed & breakfast, it's a rare find in a prestigious area, with potential for minor land division. Its picturesque setting boasts expansive Monterey Bay views and marine life sightings. Near Capitola Village, it's a short walk to beaches, dining, shopping, and entertainment, offering a lifestyle of peace with community vibrancy. Just 26 miles from Silicon Valley, it's highly attractive in Santa Cruz County's market. An opportunity to own oceanfront property with development potential, it's an exceptional investment in a prime location.
| Price History | |
|---|---|
| 3/1/2024 | Listed $7,998,000 |
General Features
| Development Status | Lot Split Possible,Minor Subdivision (2-4 Parcels),Other - Call Listing Agent |
|---|---|
| Utilities | Public Utilities |
| Water | Public |
| View | Bay,Ocean |
| Property SubType | Residential Development Land |
| City Limits (Y/N) | Yes |
| Zoning Text | R-1 and VS |
| Incorporated Y/N | Yes |
| County | Santa Cruz |
| Property Type | Residential Lots & Land |
| Present Use | Multi-Family,Residential,Single Family |
| Special Listing Conditions | Not Applicable |
| Status | Active |
| City | CAPITOLA |
| MLS Area | Capitola |
| Listing Agent State License | 01334273 |
| Virtual Tour | https://vimeo.com/915830506 |
| Virtual Tour | https://vimeo.com/915830506 |
Exterior Features
| Lot Description | Grade - Level,Possible Lot Split,Views |
|---|---|
| Fencing | Fenced Back,Partial Fencing |
| Horse Property | No |
| Lot Size Area | 36068.00 |
| Parcel Access | Accessible,Private Road |
| Maximum Lot Size | 36068.00 |
| Sewer/Septic | Sewer - Public |
| Lot Acres | 0.8280 |
| Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 95010
Price
Visits
Last updated: April 29, 2024 1:52 PM UTC Property Information © 2024 