$719000 Lovely Lot by Lighthouse Field State Park (santa cruz)

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113 Laguna St.

(google map) (yahoo map)

0BR land available jun 21

This 50'x120' lot on Laguna St. in the west side of Santa Cruz sits about 50 yards from Lighthouse Field State Park and a path across it to "It's" Beach, Lighthouse Point and the miles of oceanfront walking and bicycle pathway. It's a good over-the-hill commute beach location as you can get to Highway 17 without encountering the traffic problems endemic to the Highway 1 freeway south. It's a quiet block with low traffic due to the configuration of the streets. You can walk to the fine, nearby surfing spots like Steamer Lane or Cowells. It's in an nice neighborhood of high-value homes set in the unique-climate that Santa Cruz has due to its southern orientation to the ocean. From this lot you can even walk east on Pelton Avenue to reach the sea.

The newer homes adjacent to the south are perpendicular and their rear yard setbacks (as opposed to side-yard setbacks) afford good solar access along the lot's south-facing length. The tear-down garage is just inside the south property line. There are existing survey stakes on that line.

There's not much in the way of available building lots close to the ocean on the Westside of Santa Cruz. The best, recent comps I've seen are one that sold on John St. half a block in from Delaware Ave (Parcel #003-201-65 for $670,000 on 6/10/2014) and another that sold for $710,000 on 6/13/2014 on the north side of Oxford Street, third lot in from Fair. I think this Laguna lot compares favorably to those. This could be a great place to build your beach home.

Buyer to co-operate in a 1031 exchange.
  • do NOT contact me with unsolicited services or offers

post id: 4645754581



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