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2740 Mattison Lane - Mattison Lane - Residential Developement 2.75 Acres of Residential Land Offered at $3,350,000 in Santa Cruz, CA 95065
Investment Highlights
- Santa Cruz Land
- 10 units approved
- Tentative Map
Executive Summary
Attention Developers, General Contractors, & Land Bankers: Seller has secured a rare, Tentative Map Approval building opportunity in a severely supply-constrained coastal market. This 2.75-acre two parcels, offers a total land cost of just $335K per lot, delivering almost immediate build-ability alongside explosive high-density redevelopment potential.
Two Lucrative Execution Strategies
Strategy 1: Build the Approved Tentative Map Project Almost Immediately
Includes Plans: Approved for eight (8) premium single-family homes and one (1) duplex (10 high-value units total. The "Link-Detached" Advantage: The 8 single-family homes are all 2-story, 4-bed, 3.5-bath floor plans sitting on individual lots. They are legally attached via a common garage party wall only, offering buyers a highly marketable, fully detached living experience with premium privacy.
6 Units A - F = 3,342 SF each, + 2 Units G - H - 3,095 SF each + 2 units I - J = 1,200 SF each (duplex).
Infrastructure Ready: building sites with direct infrastructure access are nearly extinct in Santa Cruz County—this site eliminates years of pre-development risk.
Strategy 2: Leverage RHNA for Maximum Density Upside (Land Banking)
The Housing Element Windfall: Santa Cruz County’s massive 6th Cycle Regional Housing Needs Allocation (RHNA) quota has left the county starving for units.
Unmatched High Density ROI: This RM-6 zoned site could be a prime candidate for an even higher-density housing play. Park your money, capture increasing land appreciation, or redesign the site plan to maximize your footprint and explode your internal rate of return (IRR).
Property Facts
| Price | $3,350,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 2.75 AC |
| Property Type | Land | ||
| Zoning | RM-6 - Check with appropriate City / County. | ||
| Price | $3,350,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 2.75 AC |
| Zoning | RM-6 - Check with appropriate City / County. |
1 Lot Available
Lot
| Price | $3,350,000 | Lot Size | 2.75 AC |
| Price Per AC | $1,218,181.82 |
| Price | $3,350,000 |
| Price Per AC | $1,218,181.82 |
| Lot Size | 2.75 AC |
General Plan - R-UL Zoning - RM-6 Multi Residential
Description
Total Acreage: 2.75 Acres - level Lot 1 APN 025-211-02 and Lot 2 APN 025-211-07 Zoning: RM-6 (Multi-Family Residential) Approved Footprint: 8 Premium Link-Detached Homes + 1 Duplex (10 Units Total) Price Breakdown: Just $335,000 per lot footprint. Commuter’s Dream: Instant, effortless access to Highway 1 for smooth regional commuting. Medical & Retail Hub: Located down the street from Dominican Hospital, essential medical services, and premier shopping centers. Coastal Lifestyle: Minutes away from Santa Cruz's world-class local beaches, dining, and vibrant personal services. Rare open land w/approved T-Map. Approved for 8 Single Family + 2 units (duplex). 6 Units A - F = 3,342 SF each, + 2 Units G - H - 3,095 SF each + 2 units I - J = 1,200 SF each (duplex). Planning Documents available for review. See attached brochure for details.
Contact the Sale Advisor
2740 Mattison Lane - Mattison Lane - Residential Developement