723 El Salto Dr

CAPITOLA, CA 95010 View Map $6,998,000 Schedule a Tour
Beds9
Baths9
Sq.Ft.4,838
Year1956
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For information about this home for sale 723 El Salto Dr in Capitola CA 95010 with MLS # ML81955751. Located in in Santa Cruz.  View large photos, pricing, information and more. For a showing call Gregg Camp, Realtor, Broker, today at 831-818-7524
Status: Active
Property Type:Single Family Home
MLS #:ML81955751
Sq. Feet:4,838
On Site:112 Days
Lot Size:36,068 Sq. Ft.
County:Santa Cruz
This exceptional bluff-front property enhanced with a new Carmel Style 4-car garage on Depot Hill in Capitola, offers an investment opportunity w/breathtaking views & close proximity to local attractions, promising both prestige & tranquility. It includes a 4, 838 sq ft -2-story 4-plex & a charming 495 sq ft 1 bedroom cottage, currently leased generating $25K in income, w/significant development potential. Zoned for both residential and bed and breakfast, it's a rare find in a prestigious area, w/potential for minor land division and the development of 2 luxury homes w/ADU's or 4 condos with a house This picturesque setting offers expansive Monterey Bay views and marine life sightings. Near Capitola Village, it's a short walk to beaches, restaurants, 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, this is an exceptional investment in a prime location. The value and potential of this property will increase significantly after the proposed lot split and the construction of condos or new homes with ADUs.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
5/31/2024$7,998,000$6,998,000-12.5%

Community Information

Address:723 El Salto Dr, CAPITOLA, CA 95010
County:Santa Cruz
Zip:95010
Neighborhood:Capitola

Architecture

Bedrooms: 9
Bathrooms: 9
Year Built:1956
Stories:2
Style:Cottage, Traditional
Roof: Shake, Composition
Foundation: Crawl Space
Garage / Parking: Detached Garage, Parking Area, Room for Oversized Vehicle
Garage Spaces: 4 space

Features / Amenities

Full Baths: 9
Heating: Wall Furnace

Rooms

SizeDescription
Secondary Living SpaceGuest House

Property Features

Lot Size: 0.83 Acres / 36,068 Sq. Ft.
Lot Description: Grade - Level, Possible Lot Split, Views
Cross Street: Livermore
Property Faces: South
Water: Public
View: Bay, Ocean, Water Front
Utilities: Public Utilities
Sewer/Septic: Sewer - Public
Fencing Features: Fenced Back, Partial Fencing
Zoning:R-1 and VS
Subclass: Single Family Home
Incorporated: Yes

Tax and Financial Info

Buyer Agency Compensation: 2.50%

Listing Agent/Office

Agent:Jennifer Cosgrove
Office:Intero Real Estate Services
Broker Phone:408-930-8425

Schools

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723 El Salto Dr CAPITOLA,  CA 95010
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723 El Salto Dr CAPITOLA, CA 95010
 
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