2531 Portola Dr, Santa Cruz, CA 95062

$1,699,000
List Price
$1,699,000
MLS#
ML81763784
Status
ACTIVE
Lot Size
48,003
Listing Area
Live Oak

Property Description

Intriguing development opportunity remarkably close to the Beach. Large 1.1 Acre Parcel with 271 Ft frontage along the Portola Dr commercial corridor that's in the process of being revisioned w/Pleasure Point Community Planning Initiative. Views to the ocean over Corcoran Lagoon and bordered in back by Greenbelt area. Currently zoned VA, visitor accommodation, tourist, hotel/motel/inn, vehicle & tent camping. Existing remodeled home and guest unit w/separate entrance. New lifetime comp roof, slate tile, updated appliances. All eminently liveable and immediately rentable as great carrier. Also an additional home w/separate stand alone address that's in poor condition. Fully fenced. Remarkably private. Large amount of useable space. Perfect for contractor, creator or collector who needs room to spread out. Two sewer laterals. Tons of storage. Existing multiple 30 amp hook-ups for RV Camping & RV dump. Only 2 miles to Capitola and just a stone's throw to Pleasure Point and The Hook!

Additional Information

Acres
1.102
Development Status
Improvements - Other, Other - Call Listing Agent, Other
Existing Crops
None
Fence
Complete Perimeter
Lot Description
Grade - Sloped Down
Lot Size
48,003
Neighborhood
Live Oak
Other Utilities
Electricity - On Site, Natural Gas, Public Utilities
Parcel Access
Accessible, City Street
Present Use
Multi-Family, Residential
Sewer
Sewer - Public
Unincorporated Yn
Yes
View
Bay View, Greenbelt, Water
Zoning
VA-D

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Brezsny Associates from Sereno Group

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