723 El Salto Drive
723 El Salto Drive
$7,998,000
36,068 / 0.83
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Description
This exceptional bluff-front property enhanced with a new Carmel Style 4-car garage on Depot Hill in Capitola, offers a lucrative investment with breathtaking views and proximity to local attractions, promising both prestige and tranquility. It includes a 4,838 sq ft two-story fourplex and a charming 495 sq ft one-bedroom cottage, currently leased, generating approx. $25K in income, with significant development potential. Zoned for both residential and bed & breakfast, it's a rare find in a prestigious...This exceptional bluff-front property enhanced with a new Carmel Style 4-car garage on Depot Hill in Capitola, offers a lucrative investment with breathtaking views and proximity to local attractions, promising both prestige and tranquility. It includes a 4,838 sq ft two-story fourplex and a charming 495 sq ft one-bedroom cottage, currently leased, generating approx. $25K in income, with significant development potential. Zoned for both residential and bed & breakfast, it's a rare find in a prestigious area, with potential for minor land division. Its picturesque setting boasts expansive Monterey Bay views and marine life sightings. Near Capitola Village, it's a short walk to beaches, dining, shopping, and entertainment, offering a lifestyle of peace with community vibrancy. Just 26 miles from Silicon Valley, it's highly attractive in Santa Cruz County's market. An opportunity to own oceanfront property with development potential, it's an exceptional investment in a prime location.
- Listed by Jennifer Cosgrove • DRE #01334273 • Brokerage DRE #01354442 • Intero Real Estate Services • 408-930-8425
Property Details for 723 El Salto Drive
MLS City Name
CAPITOLA
Building TypeLots and Land
ViewBay, Ocean
Cross StreetLivermore
Location
LISTING UPDATED: 03/20/2024 10:32 PM
Property Details for 723 El Salto Drive
Status | Active |
---|---|
MLS # | ML81955924 |
Days on Compass | 58 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | LOTS AND LAND / Lots and Land |
Year Built | - |
Lot Size | 0.83 AC |
County | Santa Cruz County |
Location
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Building Information for 723 El Salto Drive
Lot Size0.83 AC
Payment Calculator
$47,164 per month
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Property Information for 723 El Salto Drive
Property History for 723 El Salto Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 723 El Salto Drive
Taxable ValueLand$2,563,315Additions$850,328Total$3,413,643
Tax Record2023$42,190 ($3,516 / month)
Home Facts
Baths2Total Finished SqFt1,320 SqFtAbove Grade Finished SqFt1,320 SqFtLot Size36,068 SqFtStyleHotel / MotelYear Built2004CountySANTA CRUZAPN036-143-35
Schools near 723 El Salto Drive
This home is within Soquel Union Elementary School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Main Street Elementary School PublicK to 5 | ||
Mission Hill Middle School Public6 to 8 | ||
New Brighton Middle School Public6 to 8 | ||
Harbor High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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