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280 State Park Dr
Aptos, CA 95003
Land For Sale
·
13.50 AC
Executive Summary
CBRE Capital Markets, as exclusive advisor, is pleased to present the outstanding opportunity to acquire the 100% fee simple interest in Pacific CrestLands (the “Property” or the “Site”), located in Aptos, California. The 13.53 Acre site is located directly off of Pacific Coast Highway within walking distance to the Pacific Ocean (Seacliff State Park). The General Plan Land Use Designation Visitor Accommodations (“C-V”) provides a range of lodging based uses. The next investor can leverage the property’s
incredible positioning near the Seacliff State Park to develop a resort, mixed-use based development positioned to capture thesignificant tourist based demand within this iconic region.
Property Facts
| Sale Type | Investment or Owner User | Total Lot Size | 13.50 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Cross Streets | Hwy 1 |
| Property Subtype | Commercial | ||
| Zoning | SU | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 13.50 AC |
| No. Stories | 1 |
| Cross Streets | Hwy 1 |
| Zoning | SU |
1 Lot Available
Lot
| Lot Size | 13.50 AC |
| Lot Size | 13.50 AC |
Description
INVESTMENT HIGHLIGHTS: Pacific CrestLands presents a rare opportunity to an investor to acquire over 13 acres of coastal infill land to develop a mixed-use hospitality-oriented project in a market characterized by constrained land supply, strong demographic fundamentals, and durable tourism demand. The site is well positioned to support a variety of resort style developments with potential complementary retail and residential components that align with Santa Cruz’s live-work-play lifestyle. Key drivers of the investment include: – Entitlement scarcity and coastal zoning constraints, limiting future competitive supply – Proximity to Silicon Valley, capturing corporate, tech, and weekend leisure demand – Strong and consistent tourism base, supporting hotel, retail, and experiential uses – Multiple value creation levers including development, branding, programming, and asset repositioning
Property Taxes
| Parcel Number | 042-011-06-000 | Improvements Assessment | $3,062,667 |
| Land Assessment | $3,828,327 | Total Assessment | $6,890,994 |
Property Taxes
