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Listed by Troy Hinds • David Lyng Real Estate
$2,495,000
Est. payment /mo
3 Beds
3 Baths
1,630 SqFt
Price Dropped by $234K
1430 Merrill ST Santa Cruz, CA 95062
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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 $1,530
MLS Listing ID ML82017110
Bedrooms 3
Full Baths 3
Year Built 1927
Lot Size 0.451 Acres
Property Sub-Type Multiple Dwellings / Structures
Property Description
RARE OPPORTUNITY: Walk to Black's Beach - Three (3) Detached 1BR, 1BA Homes on a 19,500 SF Premier High-Density Multifamily Development Site. Seize this extraordinary opportunity 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. General Plan/Zoned R-UH/RM-2.5 with allowed density for 19 units (14 base + 5 density bonus). Don't miss this once-in-a-generation opportunity to develop at scale in Live Oak's walkable beach district or remodel any of the existing homes for unrivaled outdoor space, privacy, and coastal lifestyle on one of the largest high-density multifamily zoned parcels to become available in decades. Topographical Survey available. 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
Utilities Available Other
Roof Type Composition
Building
Foundation Other
Sewer Sewer Connected
Water Water On Site
Others
Tax ID 027-273-01-000
Security Features None
Horse Property No
Special Listing Condition Not Applicable
Virtual Tour https://youtu.be/UBV5dMGqEwY?si=zShwxhP_egIXSjik
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