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).