Santa Cruz, CA 95060
$2,775,000
Bed
0
Bath
0
Living Space
N/A SqFt
Year Built
1981
Lot Size
0.46 Acres
Days
246
Positioned at the epicenter of the rapidly evolving Ocean St. corridor, 806 Ocean represents a premier development opportunity in Santa Cruzs most aggressive growth zone. Spanning just under a half acre with the highly coveted MU-VH zoning, this property is a blank canvas perfectly situated to benefit from the massive infrastructure and residential investments currently transforming the citys gateway. Developers can leverage State Density Bonus Laws to exceed traditional caps, creating a high-yield, flagship project that mirrors the 5 & 6 story developments rising on neighboring blocks. This rare zoning allows for a strategic blend of high-density residential and lucrative visitor-serving commercial uses. Beyond its development potential, 806 Ocean offers a de-risked transition for investors, with a current lease in place to offset holding costs during the entitlement phase. The sites location is unrivaled for connectivity, offering direct access to Highway 17 and Highway 1 while remaining walking distance to the San Lorenzo Riverwalk, Downtown, and the Beach Boardwalk. As Santa Cruz shifts toward a transit-oriented future, this site stands as the next logical domino to fall in a high-yield corridor. Secure the chance to shape the skyline of a neighborhood being reborn.
Listing provided courtesy ofThe Portola Group License 70010159 KW Thrive Santa Cruz
Data provided by MLSListings Inc.
- Westlake Elementary School - GreatSchools rating 9/10 - Mission Hill Middle School - GreatSchools rating 9/10 - Santa Cruz High School - GreatSchools rating 10/10 School District: Santa Cruz City Elementary School District
Within a 1-2 mile radius of 806 Ocean Street, several parks and recreational areas are available. Ocean View Park offers playground equipment, picnic tables, and views of the Boardwalk and Monterey Bay. Garfield Park features a playground, basketball court, and picnic tables. San Lorenzo Park provides a playground, picnic area, and river pathways.
The property at 806 Ocean Street is located in the Ocean Street corridor of Santa Cruz. This area is described as a rapidly evolving zone with significant infrastructure and residential investments. The neighborhood is characterized by its proximity to Highway 17 and Highway 1, and is within walking distance to the San Lorenzo Riverwalk, Downtown Santa Cruz, and the Beach Boardwalk. The area is undergoing transformation with new developments, aiming for a transit-oriented future.
The area around 806 Ocean Street has a Walk Score of 86 out of 100, indicating it is very walkable, and a Transit Score of 50 out of 100, suggesting good public transportation options. Several bus lines serve the immediate vicinity, including routes 3A, 3B, 1, 20, 19, 90X, 40, 41, 4W, and 4.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Westlake Elementary School - GreatSchools rating 9/10 - Mission Hill Middle School - GreatSchools rating 9/10 - Santa Cruz High School - GreatSchools rating 10/10 School District: Santa Cruz City Elementary School District
Within a 1-2 mile radius of 806 Ocean Street, several parks and recreational areas are available. Ocean View Park offers playground equipment, picnic tables, and views of the Boardwalk and Monterey Bay. Garfield Park features a playground, basketball court, and picnic tables. San Lorenzo Park provides a playground, picnic area, and river pathways.
The property at 806 Ocean Street is located in the Ocean Street corridor of Santa Cruz. This area is described as a rapidly evolving zone with significant infrastructure and residential investments. The neighborhood is characterized by its proximity to Highway 17 and Highway 1, and is within walking distance to the San Lorenzo Riverwalk, Downtown Santa Cruz, and the Beach Boardwalk. The area is undergoing transformation with new developments, aiming for a transit-oriented future.
The area around 806 Ocean Street has a Walk Score of 86 out of 100, indicating it is very walkable, and a Transit Score of 50 out of 100, suggesting good public transportation options. Several bus lines serve the immediate vicinity, including routes 3A, 3B, 1, 20, 19, 90X, 40, 41, 4W, and 4.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
