Charming Victorian-style duplex in the heart of Santa Cruz. The upper unit offers approximately 1,100 sq. ft. with 2 bedrooms and 1 bathroom, while the lower unit features approximately 800 sq. ft. with 1 bedroom and 1 bathroom, ideal for investment, owner-occupancy, or multigenerational living. A standout feature is the expansive 17,976 sq. ft. lot, offering compelling future development potential for multi-use and/or additional units (buyer to verify). Surrounded by established higher-density uses, the immediate area reflects what may be possible. For reference, the neighboring property at 314 Jessie St. is improved with an approximately 50-unit apartment building on a lot that appears only modestly larger, highlighting the upside opportunity for this exceptional parcel.

Paul Zech

Coldwell Banker Realty

Santa Cruz duplex + 6 lots! Prime Development property undergoing lot split for potential 10 additional units on back parcel and ADU's on front parcel. Existing charming California 2/1 + 1/1 cottage style duplex carrier sits on the front portion of the property w/ a long driveway for parking & plenty of room for a planned additional 2 bedroom, 2 bath ADU (plans & bid available with sale). Rear parcel will use SB1123 zoned for up to 10 units. Property in total is 13,000+sq.ft., level & adjacent to Capitola! The super cute 2-bedroom, 1-bathroom main house spans 1,029 sq.ft. & features two ground floor bedrooms and a beautifully updated bath w/ tub. Large patio & inside laundry area w/ a washer & dryer. Also existing is a detached 1-bed, 1-bath ADU of approximately 300 sq ft (buyer to verify size), perfect for guest quarters or keep as additional rental income. Both units are fully rented. Exceptional flexibility & upside, this property is ideal for developers, investors, owner-users, or anyone looking to create a multi-unit rental property in one of Santa Cruz's highly desirable neighborhoods. Across from the Capitola Mall. Once completed, property could consist of the existing Duplex, an additional 2/2 ADU, and a 6,000 square foot vacant lot zoned for up to 10 units.

Frank De Bernardo

Frank De Bernardo, Broker

With a prime coastal location near Capitola Village and Pleasure Point, this versatile property offers both charm and opportunity. With 2,312 sq ft of living space, it features 4 bedrooms and three-and-a-half baths, providing flexibility as a duplex rental-investment property, or as a primary residence with an attached ADU. The larger unit spans 1,751 sq ft with 3 bedrooms and two-and-a-half baths, while the attached 561 sq ft ADU includes 1 bedroom, 1 bath, and a private entrance. A single-car garage adds convenience and privacy along with 3 off-street parking spots for guests. Recent upgrades include stainless steel appliances, new SPC flooring, new carpeting, new LED lighting, and repainted interiors w/ light Benjamin Moore hues. Exterior landscaping updates and refreshed private patios enhance its appeal. Enjoy easy access to Capitola Village, Pleasure Point, and scenic area walks w/views over Monterey Bay. Nearby amenities include Trader Joes, New Leaf and Whole Foods, local dining at Shadowbrook, East End Gastro, or Petes FishHouse, and Verve or Cat and Cloud coffee. Whether for investment, 1031 Exchange, or living near the beach in a prime location adjacent to Capitola and Pleasure Point, this duplex at 1576-74 Heritage Lane offers superb opportunity for savvy investors.

Michael Lavigne

Compass

Enjoy vacation style living in this fabulous beach house! Stroll to the beach to watch the sea lions, hear the seagulls, smell the ocean & feel the cool breeze. Go biking, fishing, surfing, kayaking, beach volleyball, games & rides at the Boardwalk, sip gourmet coffee, enjoy casual & fine dining at friendly restaurants with ocean views & beautiful sunsets at the wharf. Walk on West Cliff or venture downtown, hike in the magnificent Redwoods. This historic home was completely remodeled in 2017 with high quality material & craftmanship, impeccable attention to detail. Award Certificate for Excellence in Green Building & an Award Plaque for Exceptional Design by City of Santa Cruz. Spacious open floor plans, beautiful stain glass windows, durable bamboo hardwood floors with radiant heating, granite countertops, large functional islands, custom built-in cabinets, stainless steel appliances, plantation shutters, French doors, keyless entry, USB outlets, dimmers, wrought iron security gate. Laundry in each unit. 3 private decks, skylights with abundant natural sunlight. Low maintenance yard with a smart irrigation system. Bay View Elementary, Mission Hill Middle, Santa Cruz High School.

512 2nd ST, SANTA CRUZ CA 95060

512 2nd ST, SANTA CRUZ CA 95060

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