515 Fair Avenue,  Santa Cruz CA, 95060 (Residential)

2 beds , 1 Full baths
1,100 sqft
Status: Sold
MLS#: ML81534140
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Last Updated: 12/2/2016 12:13 PM
Description for 515 Fair Avenue Santa Cruz, CA 95060
A ONCE IN A LIFETIME OPPORTUNITY - IMAGINE THE POSSIBILITIES! Known as; Kitchen Brothers Yogi Temple or The Red Castle. This may be the most unique property in Santa Cruz. Investment, development, income, family compound and more. Just 1600 ft. away from West Cliff Dr. Walk to Natural Bridges, Santa Cruz Light House. Estate size property at almost 3/4 of an acre. Imagine your dream home (or 2 homes) blended in with this unique and historic site. City planning receptive to development with new owner. Property was 4 parcels each 7500 sq. ft. that may be brought back with lot line adjustment process-buyer to verify. There is an existing structure which could possibly upgrade to a 2 bedroom 1 bath unit that sits on the 2 middle lots. Development is possible for 2 homes according to city planning dept. Buyer to confirm all possibilities. Four parcels are referred to as: 003-203-06, 07, 08, 09. Buyer to verify all possibilities with Historical Preservation Commission & City Planning Dept.
Price
Sold Price:
$1,580,000
Sold Date:02/25/2016
Santa Cruz
2
1 Full
1,100 (approx)
ML81534140
Closed
Description
A ONCE IN A LIFETIME OPPORTUNITY - IMAGINE THE POSSIBILITIES! Known as; Kitchen Brothers Yogi Temple or The Red Castle. This may be the most unique property in Santa Cruz. Investment, development, income, family compound and more. Just 1600 ft. away from West Cliff Dr. Walk to Natural Bridges, Santa Cruz Light House. Estate size property at almost 3/4 of an acre. Imagine your dream home (or 2 homes) blended in with this unique and historic site. City planning receptive to development with new owner. Property was 4 parcels each 7500 sq. ft. that may be brought back with lot line adjustment process-buyer to verify. There is an existing structure which could possibly upgrade to a 2 bedroom 1 bath unit that sits on the 2 middle lots. Development is possible for 2 homes according to city planning dept. Buyer to confirm all possibilities. Four parcels are referred to as: 003-203-06, 07, 08, 09. Buyer to verify all possibilities with Historical Preservation Commission & City Planning Dept.
Listing Information
Property Type: Single Family, Other
2 1 Full
0.68 Acres 29,490 sq.ft. 1,100 (approx)
$1,436.36 1940
Concrete
Concrete Perimeter
Neighborhood
School Information
District: Other
Room Information
Bathrooms
1
Interior Features
None
Wood
Wood-burning
Exterior / Lot Features
Concrete
Concrete
R
Partial
Satellite dish
Financial Considerations
003-203-07-000
Listing Price History

Santa Cruz Real Estate

Santa Cruz is located in California. Santa Cruz, California 95060 has a population of 60,319.

The median household income in Santa Cruz, California 95060 is $62,755. The median household income for the surrounding county is $66,571 compared to the national median of $53,046. The median age of people living in Santa Cruz 95060 is 29.6 years.

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Courtesy: Coldwell Banker The Zech Group
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