tomo logo

$8,500,000

Beds
9
Baths
5.0
sq ft
4,754

1703 E Cliff Dr, Santa Cruz, CA 95062

1703 E Cliff Dr

Santa Cruz, CA 95062

  • 164 days on market
Premier Beachfront Property on Seabright Beach. Rare Opportunity. Imagine a Unique Family Compound w/Unobstructed Sweeping Views of the Pacific Ocean, Walton Lighthouse, Santa Cruz Wharf, Seal Rock and the Iconic Boardwalk. Truly Memorable Holidays & Summer Time Fun for the Family - Each with Their Own Private Bungalow Unit. With a 7,050+ SF Lot, the Opportunities are Endless: Prized Investment Piece, Larger Development or Build the Ultimate Dream Beach House. Literally Steps Away - Seabright Beach is Your Front Yard. The Current Layout Consists of Two: 2 Beds/1 Bath Units on Ground Floor and Two Units Upstairs with One Unit: 2 Beds/1 Bath; and One Unit: 3 Beds/2 Baths. Approximately 4,750+ SF of Total Living Space. Each Beachy Style Unit is in Fantastic Turnkey Condition w/Updated Appliances, In-Unit Laundry, Ample Cabinets/Storage & Gorgeous Picture Windows Overlooking the Blue Pacific. A Parking Dream w/5 Separate Individual Spaces in the Attached Garage. The Private Fenced Front Yard Delivers an Expansive Deck. Perfect for Sun Soaked Lounging and Hosting Memorable Gatherings. Private Backyard with an Abundance of Space - Could Easily be Repurposed into a Glistening Pool or a Lively Al Fresco Eatery/Bar. A Truly Rare and Amazing Opportunity with this Prime Beachfront Property.

Details

Property type

Single Family Residence

Lot size

7,057 sq ft

Price per sq ft

$1,788

Year built

1935

Price History

06/12/2024
BridgeMLS

BridgeMLS #ML81958297

Listed
$8,500,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Santa Cruz City High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Santa Cruz County Bank

Loan start date

September 2023

Original loan amount

$1,750,000

Est. remaining balance

Not provided

Interest rate

6.78%

Loan type

Commercial

Seller

John P Mcenery Iii and The John Mcenery Iii Revocable Trsut

Lender

American Svg Bank

Loan start date

December 1996

Original loan amount

$720,000

Est. remaining balance

Not provided

Interest rate

4.95%

Loan type

Commercial, 30 year

Seller

John P Mcenery Iii

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

BridgeMLS
$7,399,000
5 bd
|
4 ba
|
3,234 sq ft
|
House

22834 E Cliff Dr, Santa Cruz, CA 95062

Status: Active

Tomo last checked: 11/22/2024 at 11:05 PM

Listing updated: 09/22/2024 at 4:11 AM

Listed by: Andy Sweat, KW Bay Area Estates Phone #: (408) 802-3540

MLS: BridgeMLS #ML81958297

BridgeMLS logo

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