2603 Monterey Ave
Soquel, CA, United States
$3,500,000
Pending

2603 Monterey Ave Soquel, CA 95073

Property Features

  • 3 Beds
  • 2 Full Baths
  • 2,040 sqft
  • MLS # ML81990308
  • Lot Size: 3.504 acres
  • Year Built: 1947

Property Description

3.5-acre parcel in the heart of Soquel, recently re-zoned (RF-Min) for high-density residential and mixed-use development. Zoning designation offers an expedited, ministerial approval process no public hearings required and is exempt from CEQA, placing your project on the fast track. Potential for approximately 140 units, this property presents a significant opportunity to create a transformative residential or mixed-use community in one of Santa Cruz County's most desirable areas. The location is unbeatable: just minutes from New Brighton State Beach, Cabrillo College, Capitola Village, and major transportation lines. . Top-rated schools and coastal amenities enhance long-term appeal. As a designated Housing Element site, this parcel is aligned with mandates to increase housing supply. The County Planning Department supports streamlined development, imposing no additional County standards or discretionary reviews. This is more than land it's a ready-made opportunity for developers looking to deliver housing with fewer barriers and faster timelines in a sought-after coastal market. The property includes two existing homes served by natural gas, public sewer, and a private well. Public water is at street with available allocations through Soquel Creek Water District.

Property Highlights

  • Cooling: No A/C
  • Garage Count: 5 + Car Garage
  • Sewer: Public
  • Water: Well

Location

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The listing broker’s offer of compensation is made only to participants of the multiple listing service where the listing is filed.

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