723 El Salto Drive

Capitola, CA 95010

  • 9 Bed(s)
  • 9 Bath(s)
  • 4,838 Sqft
  • 36068
    Sqft(Lot)
$6,098,000

Description

This exceptional bluff-front property enhanced with a new carmel style 4-car garage on depot hill in capitola, offers an investment opportunity w/breathtaking views & close proximity to local attractions,, promising both prestige & tranquility. it includes a 4,838 sq ft -2-story 4-plex & a charming 495 sq ft 1 bedroom cottage, currently leased generating approx $25k in income, w/significant development potential. zoned for both residential and bed and breakfast, it's a rare find in a prestigious area, w/potential for minor land division (in progress) and the development of 2 luxury homes w/adu's or 4 condos with a house as just 2 possibilities. this picturesque setting offers expansive monterey bay views and marine life sightings. near capitola village, it's a short walk to beaches, restaurants, 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, this is an exceptional investment in a prime location. the value and potential of this property will increase significantly after the proposed lot split (currently inprogress) and the construction of apartments, condos or new homes with adus.

  • Property Type

    Residential

  • County

    Santa Cruz

  • Style

    Cottage,Traditional

  • AD ID

    45157662

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Property Details

  • Bedroom Information

    • Total Bedrooms : 9

    Bathroom Information

    • Total Baths: 9
    • Full Baths: 9
    • Half Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition,Shake

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Has Fireplace: 0

  • Building Information

    • Year Built: 1956
    • Roof: Composition,Shake

    Fencing

    • Partial

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.828
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 36068

  • Listing Price Information

    • Original List Price: 6,098,000
    • Listing Contract Date: 2024-02-29

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 03614335000

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 699 - Not Defined
    • Directions: take Escalona Drive to Sacramento Ave, turn right, then left at El Salto. It's the last property on the right :) Cross Street: Livermore
    • Zoning: R-1 and VS
    • Source Property Type: Residential
    • Area: 699 - Not Defined
    • Property SubType: Single Family Residence

    Building and Construction

    • Property Age: 68
    • Common Walls: No Common Walls
    • Structure Type: Single Family Residence
    • Year Built Source: Other
    • Total Square Feet Living: 4838
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BuyOwner last updated this listing 11/17/2024 @ 00:40

  • MLS: ML81955751
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 9 bedrooms which is for sale, it has 4,838 sqft, 36,068 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Capitola , in zip code 95010, this Santa Cruz County Home are nearby neighborhoods.