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Under contract
  • $3,500,000

    2603 Monterey Ave, Soquel, CA 95073

    3beds
    2,040sqft
    : 
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    Single Family Residence, Residential
    Built in 1947
    3.5 Acres Lot
    $-- Zestimate®
    $1,716/sqft
    $-- HOA

    What's special

    3.5-acre parcel in the heart of Soquel, recently re-zoned (RF-Min) for high-density residential and mixed-use development. Zoning designation offers an expedited, ministerial approval process no public hearings required and is exempt from CEQA, placing your project on the fast track. Potential for approximately 140A± units, this property presents a significant opportunity to create a transformative residential or mixed-use community in one of Santa Cruz County's most desirable areas. The location is unbeatable: just minutes from New Brighton State Beach, Cabrillo College, Capitola Village, and major transportation lines. . Top-rated schools and coastal amenities enhance long-term appeal. As a designated Housing Element site, this parcel is aligned with mandates to increase housing supply. The County Planning Department supports streamlined development, imposing no additional County standards or discretionary reviews. This is more than land it's a ready-made opportunity for developers looking to deliver housing with fewer barriers and faster timelines in a sought-after coastal market. The property includes two existing homes served by natural gas, public sewer, and a private well. Public water is at street with available allocations through Soquel Creek Water District.
    553 days
    |
    31
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Cuccia 01334276 831-818-2375,

    Coldwell Banker Realty 831-688-6461

    Source: MLSListings Inc,MLS#: ML81990308MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Dining room
      • Features: DiningArea
      Family room
      • Features: NoFamilyRoom
      Heating
      • Gas
      Cooling
      • None
      Features
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 2,040
      • Total interior livable area: 2,040 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 5
      • Parking features: Detached
      • Garage spaces: 5
      Features
      • Has view: Yes
      • View description: Greenbelt
      Lot
      • Size: 3.5 Acres
      • Features: Mostly Level
      Details
      • Parcel number: 03719112000
      • Zoning: R-1-6
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence, Residential
      Materials
      • Foundation: Concrete Perimeter and Slab
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1947

      Utilities & green energy

      • Gas: NaturalGas
      • Sewer: Public Sewer
      • Water: Well
      • Utilities for property: Natural Gas Available

      Community & HOA

      Location
      • Region: Soquel

      Financial & listing details

      • Price per square foot: $1,716/sqft
      • Tax assessed value: $558,874
      • Annual tax amount: $8,207
      • Date on market: 1/13/2025
      • Listing agreement: ExclusiveRightToSell
      • Listing terms: CashorConventionalLoan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,770/mo

        Price history

        DateEventPrice
        12/31/2025Contingent$3,500,000$1,716/sqft
        Source: MLSListings Inc #ML82011445 Report a problem
        6/18/2025Price change$3,500,000-7.9%$1,716/sqft
        Source: MLSListings Inc #ML82011445 Report a problem
        5/8/2025Price change$3,800,000-2.6%$1,863/sqft
        Source: MLSListings Inc #ML81990308 Report a problem
        1/13/2025Listed for sale$3,900,000+164.4%$1,912/sqft
        Source: MLSListings Inc #ML81990308 Report a problem
        9/6/2019Listing removed$1,475,000$723/sqft
        Source: CENTURY 21 MM #ML81739254 Report a problem
        5/22/2019Price change$1,475,000-7.8%$723/sqft
        Source: CENTURY 21 MM #ML81739254 Report a problem
        2/16/2019Listed for sale$1,600,000+7%$784/sqft
        Source: CENTURY 21 MM #81739254 Report a problem
        4/3/2015Listing removed$1,495,000$733/sqft
        Source: Owner Report a problem
        3/23/2015Listed for sale$1,495,000+327.1%$733/sqft
        Source: Owner Report a problem
        3/12/1998Sold$350,000$172/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,207 +7.5%$558,874 +2%
        2024$7,632 +2.6%$547,916 +2%
        2023$7,438 +1.6%$537,174 +2%
        2022$7,322 +4.1%$526,640 +2%
        2021$7,035 -0.2%$516,314 +1%
        2020$7,052 +4.5%$511,018 +2%
        2019$6,747 +1.8%$501,000 +2%
        2018$6,630 +1.4%$491,176 +2%
        2017$6,536 +5.2%$481,544 +2%
        2016$6,212 +3.2%$472,102 +1.5%
        2015$6,021 +2%$465,012 +2%
        2014$5,904 $455,903 +2.5%
        2012-- $444,943 +2%
        2011-- $436,218 +0.8%
        2010-- $432,958 -0.2%
        2009-- $433,987 +2%
        2008-- $425,478 +2%
        2007-- $417,135 +2%
        2006-- $408,956 +2%
        2005-- $400,937 +2%
        2004-- $393,076 +1.9%
        2003-- $385,872 +2%
        2002-- $378,306 +2%
        2001-- $370,889 +2%
        2000-- $363,616
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 95073

        Getting around

        37 / 100
        Car-Dependent
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: SoquelElementary
        • Middle: NewBrightonMiddle
        • High: SoquelHigh
        • District: SoquelUnionElementary

        Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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