Description
Commercial Project: High density multi family development opportunity - 28-32 Condo or apartment residential units; This property is being sold for development and not based on the existing/livable single family home that is there. The City of Scotts Valley supports a development that can accommodate condos or apartments. Planning department suggest accessing the property from Glen Canyon Dr. via a small bridge adding a unique entry. There are two access point to city sewer, public water and power. Seller had quotes to build units of 10 one bedroom, 12 two bedroom, 10 3 bedroom. At this price there seems to be a impressive ROI
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2BEDS
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1.11ACRES
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1BATHS
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01/2 BATHS
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700SQFT
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$3,571$/SQFT
Description
Commercial Project: High density multi family development opportunity - 28-32 Condo or apartment residential units; This property is being sold for development and not based on the existing/livable single family home that is there. The City of Scotts Valley supports a development that can accommodate condos or apartments. Planning department suggest accessing the property from Glen Canyon Dr. via a small bridge adding a unique entry. There are two access point to city sewer, public water and power. Seller had quotes to build units of 10 one bedroom, 12 two bedroom, 10 3 bedroom. At this price there seems to be a impressive ROI
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-18T15:37:11.663. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Open Door Real Estate. Licensed in the State of California, USA.