3535 Glen Canyon Road, Scotts Valley, CA 95066

$2,700,000 Approx. USD 2 beds, 1 baths
700 sqft

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Agent Remarks

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

Listing Details

Property type: Single Family Residence (Single Family)

Status: Active

MLS# ML82005531

Price: $2,700,000

Beds: 2

Baths: 1 (1 full)

Built in 1921

700 sqft

1.11 acres

Lot size: 1.1100

County: Santa Cruz