2740 Mattison, Santa Cruz, CA 95065

$3,350,000

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List Price
$3,350,000
Status
ACTIVE
MLS#
ML82055824
Lot Size
119,790
Acres
2.75
Days on Market
0
Property Type
Land

Property Description

Two Lucrative Development Execution Strategies Strategy: 1. Build the Tentative Map Approved Project, plans included : Approved for eight (8) premium 2,800+ sq. ft. single-family homes and one (1) duplex (10 high-value units total).The "Link-Detached" Advantage: The 8 single-family homes are all 2-story, 4-bed, 3.5-bath floor plans sitting on individual lots. They are legally attached via a common garage party wall only, offering buyers a highly marketable, fully detached living experience with premium privacy. Infrastructure Ready: Finished building sites with direct infrastructure access are nearly extinct in Santa Cruz County this site eliminates years of pre-development risk. Strategy 2: Leverage RHNA for Maximum Density Upside (Land Banking)The Housing Element Windfall: Santa Cruz County's massive 6th Cycle Regional Housing Needs Allocation (RHNA) quota has left the county starving for units. Unmatched High-Density ROI: This RM-6 zoned site is a prime for an even higher-density housing play. Park your money, capture increasing land appreciation, or redesign the site plan to maximize your footprint and explode your internal rate of return (IRR). Lot 2 025-211-02 Nearby Dominican hospital, shopping, restaurants, local beaches all value-add benefits.

Additional Information

Sewer
Public Sewer
School District
Other
Attached Structure
Detached

Listing courtesy of Listing Agent: Paul Zech (paul.zech@cbrealty.com) from Listing Office: Coldwell Banker Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.