994 Laurel Grove dr - Multi-Family FOR SALE


Soquel, CA 95073
$2,900,000 USD
831-332-2298
994 Laurel Grove dr, Soquel, CA for Sale
$2,900,000 USD
Multi-Family - FOR SALE
1/12
null | Request Cap Rate

994 Laurel Grove dr
Soquel, CA 95073


HIGHLIGHTS

  • Property could possibly be split
  • TIC ownership possible
  • Private as it gets
  • Nestled on 20 acres of lush land, this extraordinary multi-family property offers the perfect blend of privacy, comfort, and creativity.

OVERVIEW

Secluded Family Compound in the Soquel Hills – A Unique, Custom-Built Estate Nestled on 20 acres of lush land, this extraordinary multi-family property offers the perfect blend of privacy, comfort, and creativity. The main house, a stunning ~2600+ sq. ft. custom design, boasts rich wood paneling both inside and out, with thoughtful touches making it truly unique. The open-concept living area features a spacious kitchen, dining, and living room. The primary bedroom suite, half bath, and convenient laundry room all on first floor. Downstairs, you'll find three additional bedrooms and a full bath. All bedrooms have sliding glass doors that lead to the decks that surround the exterior. The separate ~1,200 sq. ft. ADU offers two bedrooms, two bathrooms, and a number of bonus rooms that are unfinished, allowing for personal customization. Multiple decks add to the charm of this space, offering views of the property’s natural beauty. The property also features a 2,000 sq. ft. artist studio, with abundant natural light, a wood-burning stove, and radiant floor heating. This unique space has served as a creative hub for many years and would make an ideal studio, office, or workshop. All structures are equipped with radiant floor heating, and each has its own septic system and propane tank. The well and septic systems have passed inspections, ensuring a smooth transition for new owners. The expansive grounds include two orchards with mature avocado and citrus trees, towering redwoods, oaks, and a variety of other foliage. Situated on a ridge top, the property offers stunning distant ocean views and plenty of space for future projects or further development. This one-of-a-kind property is perfect for those seeking space, serenity, and privacy.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$475 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,450,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

990-994 Laurel Grove

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1992

PARKING SPACES

-

LAND DETAILS

LAND ACRES

20 AC

LAND SF

871,200 SF

ZONING

SU

APN/PARCEL ID

10304101

ASK ABOUT THIS PROPERTY

Bettsy TylerColdwell Banker Commercial RealtyMore Info
831-332-2298

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Bettsy TylerColdwell Banker Commercial RealtyMore Info
831-332-2298

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.