Property Attributes
- MLS#ML81955751
- TypeSingle Family
- CountySANTA CRUZ
- CityCapitola
- AreaCapitola
- Zip95010
- StyleCottage,Traditional
- Price$ 7,998,000
- Bedrooms9
- Full Bathrooms9
- Half Bathrooms0
- Sqr Footage4838
- 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 and breakfast, it's a rare find in a prestigious area, with potential for minor land division and the development of 2 (or 3!) luxury homes with ADU's. 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. Consider the adjacent property at 106 Livermore, listed at $7.9M for a smaller house and lot, highlighting the exceptional value and potential of this development after the proposed lot split and new homes with ADU's are built.
Price History | |
---|---|
2/29/2024 | Listed $7,998,000 |
General Features
Heating | Wall Furnace |
---|---|
Cooling | None |
Utilities | Public Utilities |
Roof | Shake,Composition |
Water | Public |
Number of Garage Spaces | 4 |
Architectural Style | Cottage,Traditional |
Year Built | 1956 |
View | Bay,Ocean,Water Front |
Age | 68 |
Property SubType | Single Family Home |
Property Faces | South |
City Limits (Y/N) | Yes |
Zoning Text | R-1 and VS |
Building Type | Detached |
Incorporated Y/N | Yes |
County | Santa Cruz |
Property Type | Residential |
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 |
Interior Features
Family Room | No Family Room |
---|---|
Dining Room | No Formal Dining Room |
Living SqFt | 4838 |
Full Baths | 9 |
Total Bedrooms | 9 |
Exterior Features
Lot Description | Grade - Level,Possible Lot Split,Views |
---|---|
Fencing | Fenced Back,Partial Fencing |
Parking Features | Detached Garage,Parking Area,Room for Oversized Vehicle |
Horse Property | No |
Parking Spaces | 6 |
Lot Size Area | 36068.00 |
Maximum Lot Size | 36068.00 |
Sewer/Septic | Sewer - Public |
Foundation Details | Crawl Space |
Building Area Total | 4838 |
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