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$ 2,729,000
Est. payment /mo
Active
1430 Merrill Street Santa Cruz, CA 95062
3 Beds
1,630 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,630 sqft
Price per Sqft $1,674
MLS Listing ID ML82017110
Bedrooms 3
HOA Y/N No
Year Built 1927
Lot Size 0.451 Acres
Acres 0.45
Property Sub-Type OTHER
Property Description
RARE OPPORTUNITY: Premier High-Density Development Site with 3 Detached Carrier Income Dwelling Units - 6 Minutes to Black's Beach - Seize this extraordinary 19,500 SF corner lot in the heart of Live Oak's coveted East Cliff Village neighborhood, where coastal living meets unparalleled walkability. This pristine development site represents the perfect canvas for your next visionary project. In a market starved for new rental housing, this site offers the rare combination of premium coastal location, exceptional walkability, and meaningful development scale. Whether pursuing the recommended 19-unit multifamily project or exploring luxury single-family options, this property delivers both immediate returns and long-term wealth creation in one of California's most desirable coastal communities. Don't miss this once-in-a-generation opportunity to develop at scale in Live Oak's walkable beach district. Development Potential That Delivers: General Plan/Zoned R-UH/RM-2.5 with approved density for 19 units (14 base + 5 density bonus), this property offers exceptional investment returns. Topographical Survey in process and deliverable for due diligence. Buyer is responsible to verify any and all development potential.
Location
State CA
County Santa Cruz
Zoning RM-2
Interior
Heating Electric, Natural Gas
Cooling No Air Conditioning
Fireplace No
Building
New Construction No
Schools
School District Santa Cruz City High
Others
Tax ID 02727301000
Virtual Tour https://youtu.be/UBV5dMGqEwY?si=zShwxhP_egIXSjik
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Listed by Troy Hinds • David Lyng Real Estate