723 El Salto DR,  Capitola  (95010)

$7,998,000

0 bedrooms 0   0 bathrooms 0   36067 square feet 36,067
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Listed By: Jennifer Cosgrove Cosgrove of Intero Real Estate Services (408-357-5700)

PROPERTY DETAILS

Address: view address
Capitola, CA 95010
Map Location
Square Feet: 36,067 sq.ft.
Lot Size:0.83 acresYear Built:2000
Views:Lot has ocean viewProperty Type:Residential Development Land
County:Santa CruzList Date:2024-02-29
Listing Number:ML81955924Listed By:Intero Real Estate Services
Virtual Tour:Click Here

PROPERTY DESCRIPTION

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.

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Exterior

Fenced Lot:Yes

Property and Lot Details

Has View:YesHigh School:Soquel High
Level Lot:YesLot Acres:0.83
Lot Has Bay View:YesLot Has Ocean View:Yes
Lot On Private Road:YesLot Size:36,068.00
Lot Zoned:R-1 and VSMiddle School:New Brighton Middle
Public Sewer:YesPublic Water:Yes
Transaction Type:Sale

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

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Listed By: Jennifer Cosgrove Cosgrove of Intero Real Estate Services (408-357-5700)