$3,500,000
For Sale

229 Monterey Avenue

Capitola, CA 95010
1424 sqft | 3 beds | 1 bath | 0.35 acres | #ML81971670
Listing OfficeeXp Realty of California Inc
Browse 6 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Outstanding location and extremely rare offering. Build your dream home or investment rentals. Recently surveyed and the properties potential has been investigated with a local land use planner. Highest and best use is to subdivide into a two lots of a minimum of 5000sf each. Renovate the Main House and build a New Home with ADU or build a Duplex on new rear lot. Lot is zoned RM which will allow a duplex. Home is on a potential local historical list for Capitola. Any desire to remove the home would require an application for removal with the city and be evaluated by an architectual historian. Property next door at 233 Monterey is a 1/1 with 460 sf and approx. 1800sf and is also for sale.

  • Interior Details
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Stories1
    • Measurements
      • Acres0.35
      • Square Feet1424
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1920
    • Material information
      • FoundationConcretePerimeter
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySanta Cruz
      • School DistrictOther
  • Financial Details
      • Original List Price$3,500,000
  • Other
      • MLS #ML81971670

Location

Jane MongeReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00