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723 El Salto Dr Capitola, CA, 95010
$7,998,000 Land for sale 0.83 acres
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.
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Property details
36,068 sqft interior area
View
Bay
Land area
36,068 sqft (0.83 acres)
Price per sqft
$221/sqft
Days on Verhouse
61
Address
723 El Salto Dr, Capitola, CA, 95010
City of California
Capitola
County
Santa Cruz
District
Listing
Virtual Tour
Zoning
R-1
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Listed by
Jennifer Cosgrove, Intero Real Estate Services
Name
Jennifer Cosgrove
License number
01334273
Brokerage company
Intero Real Estate Services
MLS #
ML81955924
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Calculate your monthly payments
Mortgage
$24,556
Taxes
$0
HOA dues
$0
Mortgage
$1,599,600 / 20%
2.28%
30 years
Your amount
$24,556 / month
Lot details
TMK #03614335000
Lot Description
Level
Parcel #
03614335000
95010 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 95010
38%
Families with children
National average: 39%
39%
Non family households
92,163
Population
$114,848
Average Income
Age & gender
Median age 44 years
More info
Commute types
79% commute by car
More info
Education level
25% have bachelor education
More info
Number of employees
7% work in education and healthcare
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Vehicles available
40% have 2 vehicle
More info
Vehicles by gender
40% have 2 vehicle
More info
Housing market insights for
$1.32m
Neighborhood average
sales price*
sales price*
$1.06m
Neighborhood median
sales price*
sales price*
223
Number
of sales*
of sales*
Housing type
60% are single detacheds
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Rooms
44% of the houses have 4 or 5 rooms
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Bedrooms
73% have 2 or 3 bedrooms
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Owners vs Renters
61% are owners
More info
14.83 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Location Details, Documents & Disclosures
—
Directions to property
take Escalona Drive to Sacramen
Price history
New Listing Feb 29, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 29, 2024 | New Listing | $7,998,000 | 221.75 | MLS #ML81955924 |
| Feb 29, 2024 | New Listing | $7,998,000 | 1653.16 | MLS #ML81955751 |
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Frequently Asked Questions about 723 El Salto Dr
What is 723 El Salto Dr?
723 El Salto Dr is a lot of 0.83 acres (about is 36,068 sqft).
What is the full address of this Land?
723 El Salto Dr, Capitola, CA, 95010.
Tell me about the point of interest nearby
The closest grocery stores are Nob Hill, 0.75 miles away and Whole Foods Market, 1.07 miles away.
Based on information from the bridgeMLS as of 04-29-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 21, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Nob Hill, 0.75 miles away and Whole Foods Market, 1.07 miles away.
The 95010 zip area has a population of 92,163, and 38% of the families have children. The median age is 44.07 years and 79% commute by car. The most popular housing type is "single detached" and 61% is owner.
