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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
178
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.
- Gault Elementary School (Elementary) - GreatSchools rating 4/10 - Mission Hill Middle School (Middle) - GreatSchools rating 6/10 - Santa Cruz High School (High) - GreatSchools rating 7/10 School District: Santa Cruz City Schools
The property is located within walking distance of San Lorenzo Park, which features a playground, duck pond, and expansive lawn areas along the river. Residents also have immediate access to the San Lorenzo Riverwalk trail and are less than a mile from Ocean View Park, which offers a basketball court and views of the Monterey Bay.
Located in the Lower Ocean neighborhood, this area serves as a primary gateway to Santa Cruz and is characterized by its mixed-use development and proximity to the downtown core. The community is defined by its central location, offering a blend of residential pockets and commercial businesses within walking distance of the Santa Cruz Beach Boardwalk and Pacific Avenue shopping district.
Walk Score: 89/100 and Transit Score: 51/100. The area is served by the Santa Cruz METRO bus system, with the main Pacific Station transit hub located nearby, providing local routes and regional connections such as the Highway 17 Express to San Jose.
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.
- Gault Elementary School (Elementary) - GreatSchools rating 4/10 - Mission Hill Middle School (Middle) - GreatSchools rating 6/10 - Santa Cruz High School (High) - GreatSchools rating 7/10 School District: Santa Cruz City Schools
The property is located within walking distance of San Lorenzo Park, which features a playground, duck pond, and expansive lawn areas along the river. Residents also have immediate access to the San Lorenzo Riverwalk trail and are less than a mile from Ocean View Park, which offers a basketball court and views of the Monterey Bay.
Located in the Lower Ocean neighborhood, this area serves as a primary gateway to Santa Cruz and is characterized by its mixed-use development and proximity to the downtown core. The community is defined by its central location, offering a blend of residential pockets and commercial businesses within walking distance of the Santa Cruz Beach Boardwalk and Pacific Avenue shopping district.
Walk Score: 89/100 and Transit Score: 51/100. The area is served by the Santa Cruz METRO bus system, with the main Pacific Station transit hub located nearby, providing local routes and regional connections such as the Highway 17 Express to San Jose.
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.
