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  • 46004556 Scotts Valley Drive

46004556 Scotts Valley Drive, Scotts Valley, CA 95066

$8,000,000 Approx. USD 0 beds, 0 baths

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The Keaty Team REALTORĀ® - Sales Associate 714-608-3298 m
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Lic#: 01276603
NRDS ID: 187514104
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Lic#: 01276603
NRDS ID: 187514104
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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700
Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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Wayne Shaffer | wayne@wshaffer.com
Lic#: 00431803
Broker: Courtesy of Shaffer & Associates
Phone: 831-332-1084

Agent Remarks

If you are looking for a straightforward path to a high-density residential project, this location is about as ideal as it gets. Both lots are officially designated as an "AFFORDABLE HOUSING OPPORTUNITY SITE" under the Scotts Valley General Plan Housing Element and Municipal Code Title 17. This special zoning is specifically designed to allow for much higher-density housing projects than standard commercial space. The Development Breakdown: Base Capacity: You can build about 75 residential units out of the gate. Density Bonus: Utilizing the State Density Bonus program, subject to affordability and city guidelines, can push your potential density up to roughly 151 units. Current Layout & Income: The site consists of one vacant parcel and an adjoining parcel with an existing 9-unit apartment complex. All nine units are currently on month-to-month tenancies, giving you total flexibility while you plan your project. Ready for Review: A complete, up-to-date Development Potential Report dated October 2026 is available for qualified buyers. Marketing note: All development densities and potential entitlements are subject to applicable regulations, affordability requirements, site constraints, and City approval. No development rights or entitlements are guaranteed.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# ML82066564
Price: $8,000,000
Beds: 0
Baths: 0
1.84 acres
Lot size: 1.8374
County: Santa Cruz
Zoning: High dencity residentail.
MLS area: 699 - Not Defined

Last Updated: 11/13/2026

 Days On Market (DOM): 10

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This listing belongs to the 699 - Not Defined MLS area

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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