229 Monterey AVE, Capitola, CA 95010

$3,500,000
3
BD
1
BA
1,424
SqFt
List Price
$3,500,000
MLS#
ML81971670
Status
ACTIVE
Property Type
res
Bedrooms
3
Total Bathrooms
1
Full Bathrooms
1
Sqft. of Residence
1,424
Lot Size
15,246
Listing Area
Capitola
Year Built
1920

Property 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.

Additional Information

Acres
0.35
Age
104
Cooling System
None
Family Room
No Family Room
Foundation
Concrete Perimeter, Concrete Perimeter and Slab
Garage Parking
Common Parking Area, Parking Area
Heating System
Floor Furnace
Living Area
1,424
Lot Size
15,246
Neighborhood
Capitola
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
RM

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Mark Oliverez from eXp Realty of California Inc. 408-891-4663

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