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 and breakfast, it's a rare find in a prestigious area, with potential for minor land division and the development of 2 luxury homes with ADU's. 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

• MLS: ML81955751
• Type: Single Family Home
• Listed: 2/29/2024
• Schools: GS Dist: Soquel Union Elementary District
  HS Dist: Santa Cruz City High District
  High School: Soquel High
• Year Built: 1956

Garage Parking Features Detached Garage Parking Area Room for Oversized Vehicle General Features Cooling: None Dining Room: No Formal Dining Room Family Room: No Family Room Heating: Wall Furnace Horse Property: No Listing Class: Residential Listing Service: Full Service Sewer Septic: Sewer - Public Subclass: Single Family Home Water: Public

Lot Description Grade - Level Possible Lot Split Views

Roof Composition Shake View Bay Ocean Water Front