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Listed by Troy Hinds • David Lyng Real Estate
$ 2,729,000
Est. payment /mo
New
1430 Merrill ST Santa Cruz, CA 95062
3 Beds
3 Baths
1,630 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiple Dwellings / Structures
Listing Status Active
Purchase Type For Sale
Square Footage 1,630 sqft
Price per Sqft $1,674
MLS Listing ID ML82017110
Bedrooms 3
Full Baths 3
Year Built 1927
Lot Size 0.451 Acres
Property Sub-Type Multiple Dwellings / Structures
Source MLSListings, Inc.
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
Area Live Oak
Zoning RM-2.5
Interior
Heating Electric, Gas
Cooling None
Exterior
Parking Features Off-Street Parking
Garage Spaces 19.0
Utilities Available Other
Roof Type Composition
Building
Foundation Other
Sewer Sewer Connected
Water Water On Site
Others
Tax ID 027-273-01-000
Special Listing Condition Not Applicable
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