Commercial Project: 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
For sale
Price cut: $200K (6/11)
$2,500,000
3535 Glen Canyon Rd, Scotts Valley, CA 95066
2beds
700sqft
Est.:
Single Family Residence
Built in 1921
1.11 Acres Lot
$2,413,100 Zestimate®
$3,571/sqft
$-- HOA
What's special
- 115 days
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