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Bailey Properties
1430 Merrill ST, Santa Cruz, CA 95062
- $1,545,000
- 3
- BD
- 1,630
- SqFt
Listed by Troy Hinds, 831-706-6224 from David Lyng Real Estate
(If provided) CoList: from
Sold listing courtesy of Dylan Linde from ROOM
- Sold Price
- $1,545,000
- List Price
- $1,650,000
- Closing Date
- May 05, 2026
- MLS#
- ML82017110
- Status
- SOLD
- Zoning
- RM-2.5
- Sqft. of Residence
- 1,630
- Lot Size
- 19,646
- Listing Area
- Live Oak
Property Description
$325,000 Price Reduction: Walk to Black's Beach Three fixer-upper detached 1BR/1BA homes on approximately 20,000 SF high-density multifamily development site in the heart of Live Oak's coveted East Cliff Village neighborhood. This exceptional property combines coastal living with unparalleled walkability, offering multiple development paths in one of the most desirable beach communities. Development Potential: - Zoning: R-UH/RM-2.5 (General Plan/Zoning) - Conforming Density: Up to 19 units (14 base units + 5 density bonus units) - Current Structures: 3 single-family homes, in disrepair Development Options: 1. Full Redevelopment: Build up to 19 multifamily units on this premium coastal site 2. Partial Development: Add approximately 6 additional units while preserving existing structures 3. Single-Family Luxury: Rebuild existing homes for maximum privacy and outdoor space In a market starved for new housing, this site offers the rare combination of premium coastal location, exceptional walkability, and meaningful development scale. Additional Information: - Topographical survey available Please download and review Offering Memorandum. Buyer is responsible for verifying all development potential, density calculations, and project feasibility with local planning authorities.
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Additional Information
- Acres
- 0.45
- Cooling System
- None
- Foundation
- Other
- Garage Parking
- Off-Street Parking
- Heating System
- Electric, Gas
- Living Area
- 1,630
- Lot Size
- 19,646
- Neighborhood
- Live Oak
- Other Utilities
- Other
- Roof
- Composition
- Sewer
- Sewer Connected
- Unincorporated Yn
- Yes
- Zoning
- RM-2.5
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