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Keller Williams Luxury
46004556 Scotts Valley Drive, Scotts Valley, CA 95066
- $8,000,000
- List Price
- $8,000,000
- Status
- ACTIVE
- MLS#
- ML82066564
- Lot Size
- 80,035
- Acres
- 1.84
- Days on Market
- 10
- Property Type
- Land
Property Description
If you are looking for a straightforward path to a high-density residential project, this location is about as ideal as it gets. Both lots are officially designated as an "AFFORDABLE HOUSING OPPORTUNITY SITE" under the Scotts Valley General Plan Housing Element and Municipal Code Title 17. This special zoning is specifically designed to allow for much higher-density housing projects than standard commercial space. The Development Breakdown: Base Capacity: You can build about 75 residential units out of the gate. Density Bonus: Utilizing the State Density Bonus program, subject to affordability and city guidelines, can push your potential density up to roughly 151 units. Current Layout & Income: The site consists of one vacant parcel and an adjoining parcel with an existing 9-unit apartment complex. All nine units are currently on month-to-month tenancies, giving you total flexibility while you plan your project. Ready for Review: A complete, up-to-date Development Potential Report dated October 2026 is available for qualified buyers. Marketing note: All development densities and potential entitlements are subject to applicable regulations, affordability requirements, site constraints, and City approval. No development rights or entitlements are guaranteed.
Additional Information
- View
- City Lights, River
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
- Elementary School
- Other
- Middle School
- Scotts Valley
- High School
- Other
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Wayne Shaffer (wayne@wshaffer.com) from Listing Office: Shaffer & Associates.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.