Extending approximately 157.89 acres of lush, picturesque land, 501 Spring Hills Drive offers an exceptional opportunity for a variety of potential uses and is complemented by an 18-hole championship golf course, a clubhouse, and a captivating waterfall. The land's generous size provides ample space for a range of development possibilities. The state’s new requirements for more housing and the improved systems to streamline housing and infrastructure project environmental reviews create the perfect opportunity for a residential developer to embark on a new homestead.
Currently home to the Spring Hills Golf Course, this is the ideal property for those interested in recreational pursuits or avid golfers to neighbor a premier golfing destination. With its inviting ambiance, the on-site clubhouse could serve as a central gathering point or event space for residents or visitors. The property's crowning feature, the serene waterfall, adds a stunning natural element that could be seamlessly integrated into any future plans. Other features at this unique destination include an outdoor patio overlooking breathtaking views, a commercial kitchen with a pizza oven, a driving range, a utility barn, and golf carts.
Nestled against the foothills of the Santa Cruz Mountains, 501 Spring Hills Drive offers a rare balance of seclusion and accessibility. Tucked away from the hustle and bustle, yet conveniently reached via Highway 1, the site provides a peaceful natural setting without sacrificing connectivity. Just an hour from Silicon Valley, it’s an ideal retreat for tech innovators and creative professionals seeking a recharge while remaining within reach of the Bay Area’s economic core. With Monterey Bay’s iconic beaches only minutes away, this location combines the tranquility of coastal living with the strategic advantage of proximity to one of the world’s leading innovation hubs.
The versatility of this land allows for diverse applications, appealing to a wide range of buyers. 501 Spring Hills Drive's expansive size and remarkable features make it an intriguing option for those seeking to create a one-of-a-kind residential, commercial, or recreational development. Embark on the once-in-a-lifetime opportunity to take in the first and last sun at this Monterey Bay area location.
Buyer to research all entitlements for land development. A land survey is available along with preliminary title reports (trustee ownership). The cap rate is based on the estimated golf course value at 4.25%.