2740 Mattison Lane - Residential LAND FOR SALE


Santa Cruz, CA 95065 119,790 SF
$3,350,000 USD
831-247-3007
2740 Mattison Lane, Santa Cruz, CA for Sale
$3,350,000 USD
Residential LAND - FOR SALE
1/31
119,790 SF

2740 Mattison Lane
Santa Cruz, CA 95065


HIGHLIGHTS

  • Santa Cruz Land
  • Tentative Map
  • 10 units approved

OVERVIEW

POSSIBLY THE BEST LAND DEAL IN SANTA CRUZ COUNTY: Approved Tentative Map, 10-Unit Development with a potential High-Density RHNA Housing Element Upside. Attention Developers, General Contractors, & Land Bankers: Seller has secured a rare, Tentative Map Approval building opportunity in a severely supply-constrained coastal market. This 2.75-acre two parcels, offers a total land cost of just $335K per lot, delivering almost immediate build-ability alongside explosive high-density redevelopment potential. Two Lucrative Execution Strategies Strategy 1: Build the Approved Tentative Map Project Almost Immediately Includes Plans: Approved for eight (8) premium 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. 6 Units A - F = 3,342 SF each, + 2 Units G - H - 3,095 SF each + 2 units I - J = 1,200 SF each (duplex). Infrastructure Ready: 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 could be a prime candidate 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).

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/ACRE

$1,218,182/AC

PRICE/SF

$28 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Mattison Lane - Residential Developement

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Development

LAND ACRES

2.75 AC

LAND SF

119,790 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets

ZONING

RM-6

APN/PARCEL ID

025-21-02,025-21-07

ASK ABOUT THIS PROPERTY

Paul ZechColdwell Banker Realty Commercial & ResidentialMore Info
831-247-3007

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Paul ZechColdwell Banker Realty Commercial & ResidentialMore Info
831-247-3007

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