Tap to see more photos
Lot For Sale
723 El Salto DR
Capitola, California 95010
Santa Cruz County Ocean View: YesCommunity:
$7,998,000
0.828 acres
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.
- Lot Size: 0.828 acre
- Lot Dimensions:
- View Types: Ocean
- MLS #: ML81955924
Ad Number: 4664597
Viewed 40 times.
Updated: Mar 01, 2024
This property is a Lot located at 723 El Salto DR, Capitola, California 95010, and is currently For Sale at $7,998,000.
Listing Agent: Jennifer Cosgrove, Intero Real Estate Services, Inc., 408-930-8425, 408-357-5700
Listing Site, Listing Status: Active
Copyright © 2024 MLS Listings, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.