229 Monterey Avenue

$2,200,000 1,424 SQ FT
$1,545 SQ/FT

229 Monterey Avenue

@ Fanmar / Park Pl - 44 - Capitola, C API Tola

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  • 3 Bed
  • 1 Bath
  • 0 Park
  • 1,424 sqft
  • CAPITOLA
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DOM
186
SFH
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Message MICHAEL FRIEDMAN

Outstanding location and extremely rare offering. Build your dream homes or investment rentals. Recently surveyed and the properties potential has been investigated with a local land use planner. Over 15k lot! Highest and best use is to subdivide into a two lots of a minimum of 5000sf each. Many possible options: 1) Renovate the Main House and build a New Home with ADU on a new lot after MLD. 2) Build multiple residential . Lot is zoned RM which will allow a duplex and maybe more. Current Home is on a local list for potential historical site for Capitola. Its not on any state site. Any desire to remove the home would require an application for removal with the city and be evaluated by an architectual historian. Property next door at 233 Monterey is a 1/1 with 460 sf of interior space and approx.1800sf lot is for sale separately and may need to be purchased together with 229 Monterey.

Days on Market
186 days
Current Status
Contingent
Sold Price
Original Price
$3,500,000
List Price
$2,200,000
On Market Date
Jul 22, 2024
Contract Date
Dec 14, 2024
Close Date
Mar 14, 2025
Property Type
Single Family Home
Area
44 - Capitola
Zip Code
95010
MLS ID
ML81971670
APN
035-163-33-000
Year Built
1920
Stories in Building
1
Possession
COE
COE
Mar 14, 2025
Data Source
MLSL
Origin MLS System
MLSListings, Inc.
Bed
3
Bath
1
Parking
0
Common Parking Area, Parking Area
SQ FT
1,424
SQ FT Source
Unavailable
Lot SQ FT
15,246.0
Lot Acres
0.35 Acres
Cooling
None
Dining Room
Dining Area
Disclosures
NHDS Report
Family Room
No Family Room
Foundation
Concrete Perimeter, Concrete Perimeter and Slab
Heating
Floor Furnace
Possession
COE
Fee
Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

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