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Millman Team Real Estate

$3,500,000
3.50 Acre Lot

2603 Monterey Avenue, Soquel, California 95073

  • Commercial Sale Property Type
Property Description

3.5-acre parcel in the heart of Soquel, recently re-zoned (RF-Min) for high-density residential and mixed-use development. Zoning designation offers an expedited, ministerial approval process no public hearings required and is exempt from CEQA, placing your project on the fast track. Potential for approximately 140± units, this property presents a significant opportunity to create a transformative residential or mixed-use community in one of Santa Cruz County’s most desirable areas. The location is unbeatable: just minutes from New Brighton State Beach, Cabrillo College, Capitola Village, and major transportation lines. . Top-rated schools and coastal amenities enhance long-term appeal. As a designated Housing Element site, this parcel is aligned with mandates to increase housing supply. The County Planning Department supports streamlined development, imposing no additional County standards or discretionary reviews. This is more than land it’s a ready-made opportunity for developers looking to deliver housing with fewer barriers and faster timelines in a sought-after coastal market. The property includes two existing homes served by natural gas, public sewer, and a private well. Public water is at street with available allocations through Soquel Creek Water District.

Basic Details
Commercial Sale
For Sale
ML81990268
$3,500,000
3.50 Acre
Active Under Contract
Features
: Partial
: Electricity Available, Natural Gas Available
$0
Address Map
CA
Santa Cruz
Soquel
95073
Monterey
2603
Avenue
W122° 3' 25.8''
N36° 59' 5.1''
Located at the end of Monterey on the right. Gravel Road serves the property. The Two Homes are located at the rear of the acreage.
699 - Not Defined
R-1-6
Additional Information
$0
$0
$0
$0
$0
: Residential, Single Family
2025-01-13
3800000
https://vimeo.com/1046892485?share=copy
: Well
Broker/Agent Information
Coldwell Banker Realty
Paul Cuccia
Listing Information
ML213512
ML39753
Active Under Contract
2026-07-17T07:27:35Z
CRMLS
2026-07-16T17:00:30Z
Agent info
Ray Millman
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