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34625639
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2740 MATTISON LN, SANTA CRUZ, CA 95065-1919 For Sale

PZ
CA CA 01965059, CA 01908304
Coldwell Banker Realty Aptos
RL
CA 01202211
Global Commercial
Listed by Coldwell Banker Realty Aptos, Global Commercial
$3,350,000
2 days on market
Updated 0 days ago

2740 MATTISON LN SANTA CRUZ CA 95065-1919

Details
APN 025-211-02
Property Type Multifamily, Mixed Use (+1)
Sub Type Apartment Building, Residential (+1)
Acreage 2.750
Zoning RM-6
Investment Type Owner/User
Ground Lease No

Approved Tentative Map - Santa Cruz Mid-County Residential Sub Division

Marketing description

POSSIBLY THE BEST LAND DEAL IN SANTA CRUZ COUNTY: Approved Tentative Map, 10-Unit Development with a potential High-Density RHNA Housing Element Upside.

Attention Developers, General Contractors, & Land Bankers: Secure a rare, Tentaive Map Approved building opportunity in a severely supply-constrained coastal market. This 2.5-acre parcel offers a total land cost of just $335K per lot, delivering almost immediate build-ability alongside explosive high-density redevelopment potential.

Two Lucrative Execution Strategies

Strategy 1: Build the Approved Tentative Map Project Almost Immediately

    • Includes Plans: Approved for eight (8) premium 2,800+ sq. ft. single-family homes and one (1) duplex (10 high-value units total).
    • The "Link-Detached" Advantage: The 8 single-family homes are all 2-story, 4-bed, 3.5-bath floor plans sitting on individual lots. They are legally attached via a common garage party wall only, offering buyers a highly marketable, fully detached living experience with premium privacy.
    • Infrastructure Ready: building sites with direct infrastructure access are nearly extinct in Santa Cruz County—this site eliminates years of pre-development risk.

Strategy 2: Leverage RHNA for Maximum Density Upside (Land Banking)

    • The Housing Element Windfall: Santa Cruz County’s massive 6th Cycle Regional Housing Needs Allocation (RHNA) quota has left the county starving for units.
    • Unmatched High-Density ROI: This RM-6 zoned site could be a prime candidate for an even higher-density housing play. Park your money, capture increasing land appreciation, or redesign the site plan to maximize your footprint and explode your internal rate of return (IRR).

Investment highlights

    • Total Acreage: 2.5 Acres - level
    • Lot 1 APN 025-211-02 and Lot 2 APN 025-211-07
    • Zoning: RM-6 (Multi-Family Residential)
    • Approved Footprint: 8 Premium Link-Detached Homes + 1 Duplex (10 Units Total)
    • Price Breakdown: Just $335,000 per lot footprint.
    • Commuter’s Dream: Instant, effortless access to Highway 1 for smooth regional commuting.
    • Medical & Retail Hub: Located down the street from Dominican Hospital, essential medical services, and premier shopping centers.
    • Coastal Lifestyle: Minutes away from Santa Cruz's world-class local beaches, dining, and vibrant personal services.

Listing Contacts

PZ
CA CA 01965059, CA 01908304
Coldwell Banker Realty Aptos
RL
CA 01202211
Global Commercial
Listed by Coldwell Banker Realty Aptos, Global Commercial

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Additional Information

Name
Paul Zech
License
CA 01965059
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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