High visibility redevelopment site directly across from the Capitola Mall. This infill site is the perfect location for a new commercial, mixed-use, multi-family or hotel project. The city confirmed that affordable housing developments can be approved through a ministerial process using AB 2011. The property is located in the main retail destination in the county, with approximately 1.2 million square feet of retail space at the intersection of Capitola Road and 41st Avenue. The Capitola Mall is the largest retail development in Santa Cruz County with 584,000 SF of space. The city recently re-zoned the mall to allow up to 1,777 residential units to be built on the site. Major retailers in the area include Target, Whole Foods, New Leaf, CVS, Trader Joe's, Kohl's, Macy's, Michaels, and Ross. The site is a short distance from Pleasure Point, The Hook, and Capitola Beach, as well as Capitola Village. This is the rare opportunity to acquire a corner lot with exceptional development potential in one of the most active locations in Santa Cruz County.
Vacant landProperty Type
0.6 acresLot Size
$9,166,667Price/Acres
Listed by Joshua Johnson•DRE #01930127• Marcus & Millichap
We couldn't find any schools that service this home or are within 5 miles of this home.
Provided by GreatSchools
About Cliffwood
Heights
Cliffwood Heights, located between Capitola Village and New Brighton State Beach, is a coastal and residential Capitola neighborhood with bluffside streets and pocket parks. The neighborhood’s character concentrates around the Capitola Avenue and Stockton Avenue area, where beach-town storefronts, coffee counters, and small galleries set a relaxed, walkable rhythm. Architecture leans toward mid-century ranch homes and updated beach cottages, often framed by mature trees and ocean air. Cliffside paths and nearby sand give daily routines a shoreline backdrop. Capitola Village’s Esplanade and the wharf add a classic seaside cadence. Shadowbrook Restaurant and the Capitola Historical Museum serve as local touchstones.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Chain link fencing
Shed(s)
Home design
Multi-family property
Level lot
Utilities
Public water
Public sewer
On-site gas and public utilities
Financial info
Offers accepted with cash or conventional financing
Electricity and solar
View estimated energy costs and solar savings for this home