2603 Monterey Avenue, Soquel, CA 95073

$3,500,000
3
BD
2
BA
2,040
SqFt

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Listing courtesy of Paul Cuccia from Coldwell Banker Realty. 831-818-2375

List Price
$3,500,000
Status
PENDING
Days on Market
716
Price Change
▼ $300,000 1750475622
Closing Date
Dec 31, 2026
MLS#
ML81990308
Subtype
Residential
Year Built
1947
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
2,040
Lot Size
152,634
Acres
3.50
Subdivision
Ca
Neighborhood
Ca

Property Description

3.5-acre parcel in the heart of Soquel, recently re-zoned (RF-Min) for high-density residential and mixed-use development. Zoning designation offers an expedited, ministerial approval process no public hearings required and is exempt from CEQA, placing your project on the fast track. Potential for approximately 140 units, this property presents a significant opportunity to create a transformative residential or mixed-use community in one of Santa Cruz County's most desirable areas. The location is unbeatable: just minutes from New Brighton State Beach, Cabrillo College, Capitola Village, and major transportation lines. . Top-rated schools and coastal amenities enhance long-term appeal. As a designated Housing Element site, this parcel is aligned with mandates to increase housing supply. The County Planning Department supports streamlined development, imposing no additional County standards or discretionary reviews. This is more than land it's a ready-made opportunity for developers looking to deliver housing with fewer barriers and faster timelines in a sought-after coastal market. The property includes two existing homes served by natural gas, public sewer, and a private well. Public water is at street with available allocations through Soquel Creek Water District.

Additional Information

Heating
Natural Gas
Air Conditioning
None
Roof
Composition Shingles
Garage Spaces
5
School District
Santa Cruz City High
Elementary School
Soquel Union Elementary
High School
Santa Cruz City High
View
Park/Greenbelt

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