1960 Maciel Ave - 21 Detached Single-Family Home Development
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1960 Maciel Ave - 21 Detached Single-Family Home Development
2.37 Acres of Residential Land Offered at $10,848,750 CAD in Santa Cruz, CA 95062
INVESTMENT HIGHLIGHTS
- Approved tentative map for 21 detached single-family residences
- Median household income of $87,220 within 5-mile radius, compared to the U.S. average of $68,480
- Whole Foods, Trader Joe’s, Target, and CVS are less than one mile away, along with dozens of restaurants, stores, and personal service businesses
- Live Oak had a median detached home price of $1,497,500 as of Q3 2024
- Excellent access to Highway 1 from interchanges at Soquel Drive at 41st Avenue
- Less than two miles to Capitola Village and multiple beaches
EXECUTIVE SUMMARY
Development of 21 Single-Family Homes on 2.37 Acres of land in Santa Cruz County. There are three floorplans available, each with 3 bedrooms. Two of the floorplans include 3 bathrooms, while the third has 2.5 bathrooms. Each home is planned with an attached 2-car garage. Home sizes range from 1,670 SF to 2,330 SF.
PROPERTY FACTS Under Contract
| Price | $10,848,750 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Total Lot Size | 2.37 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Price | $10,848,750 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 2.37 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $10,848,750 CAD | Lot Size | 2.37 AC |
| Price Per AC | $4,577,531.47 CAD |
| Price | $10,848,750 CAD |
| Price Per AC | $4,577,531.47 CAD |
| Lot Size | 2.37 AC |
Density: 10 DU/AC Gross Site Size: 2.37 Acres Net Site Size: 2.10 Acres
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 029-391-09-000 | Improvements Assessment | $21,700 CAD |
| Land Assessment | $2,148,284 CAD | Total Assessment | $2,169,984 CAD |
PROPERTY TAXES
Parcel Number
029-391-09-000
Land Assessment
$2,148,284 CAD
Improvements Assessment
$21,700 CAD
Total Assessment
$2,169,984 CAD
ZONING
| Zoning Code | SU-D (Special Use) |
| SU-D (Special Use) |
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1960 Maciel Ave - 21 Detached Single-Family Home Development
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