2603 Monterey Ave - Commercial LAND FOR SALE


Soquel, CA 95073 152,460 SF
$3,500,000 USD
831-818-2375
2603 Monterey Ave, Soquel, CA for Sale
$3,500,000 USD
Commercial LAND - FOR SALE
1/13
152,460 SF

2603 Monterey Ave
Soquel, CA 95073


HIGHLIGHTS

  • A unique development opportunity in desirable Soquel California. Located in a newly created zoning designated for high density residential, RF-min,
  • Close to College, Grade School, Services and Warm Beaches of Santa Cruz
  • Interpretive Zoning - Developer Needed - Property To be Sold - Seller Relocating
  • Property contains two vintage cottages plus appurtenant garage and storage space

OVERVIEW

Rare 3.5-Acre Development Opportunity in Prime Soquel Location 2603 Monterey Avenue, Soquel, CA 95073 | APN: 037-191-12 Unlock the potential of this exceptional 3.5-acre parcel in the heart of Soquel, recently re-zoned (RF-Min) for high-density residential and mixed-use development. This rare zoning designation offers an expedited, ministerial approval process — no public hearings required — and is exempt from CEQA, placing your project on the fast track. With 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 along Soquel Drive. Top rated schools and coastal amenities enhance long-term appeal. The property includes two existing vintage homes, ideal for generating interim rental income during the planning phase. Utilities include natural gas, public sewer, and a private well, with public water access nearby and available allocations through Soquel Creek Water District. As a designated Housing Element site, this parcel is aligned with California’s mandate 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.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$1,000,000/AC

PRICE/SF

$23 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

3.5 Acres - Prime Residential Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units - Condo

LAND ACRES

3.5 AC

LAND SF

152,460 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Gas

ZONING

RF-min

APN/PARCEL ID

037-191-12

ASK ABOUT THIS PROPERTY

Paul CucciaColdwell Banker Commercial RealtyMore Info
831-818-2375

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Paul CucciaColdwell Banker Commercial RealtyMore Info
831-818-2375

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.