2740 Mattison, Santa Cruz, CA 95065

$3,350,000

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List Price
$3,350,000
MLS#
ML82055824
Status
ACTIVE
Zoning
RM-6
Lot Size
2.75
Property Type
lnd
Neighborhood
Soquel

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

Acres
2.75
Development Status
Approved Building Plan, Have Building Plans, Site Plan Approved, Subdivision - Yes, Tentative Map Approved
Fence
Chain Link, Partial Fencing
Horse Property
Not Allowed
Lot Description
Grade - Mostly Level
County
Santa Cruz
Neighborhood
Soquel
Other Utilities
Electricity - Available at Street
Parcel Access
Paved Road
Present Use
Bare Land, Subdivision
Sewer
Sewer - Public, Sewer Available
Unincorporated Yn
Yes
Zoning
RM-6

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Calculator source: Real Geeks

Listing courtesy of Paul Zech from Coldwell Banker Realty. 831-247-3007

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