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247 High Street Santa Cruz, CA $ 1,549,000
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247 High Street
$ 1,549,000
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247 High Street

Santa Cruz, CA, 95060
$ 1,549,000
Bedrooms2 Baths1.0 Sq 905

Monthly Estimate*

$ 9,664

Listed by David Lyng Real Estate
​
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Single Family Home for sale in Santa Cruz, CA

for $1,549,000 with 2 bedrooms and 1 full bath. This 905 square foot home was built in 1920 on a lot size of 0.1593.

Approved Development for Seven (7) Unit Luxury Apartment Building. Fully-entitled project consists of five (5) 2BR/2BA + Offices and two (2) 1BR/1BA units including an 1-BR Affordable Unit for a total 12 Bedrooms (17 Rooms/Occupants) and 12 Bathrooms in a stunningly beautiful, all-electric, luxury multifamily design complete with EV charges, security gates, community patio and BBQ area, pet washing station, and secured individual tenant storage lockers for surfboard, bikes, etc. The design is modeled after an adjacent building previously owned by the Seller located at 251 High St which had an 8.7% Avg Annual Rental Rate Growth and an actual Vacancy Factor of less than 0.5% (2015 - 2022) which was recently sold for $6,650,000 or $665,000/Unit and $475,000/Room with a 3.88% Cap Rate and 18.63 GRM. The location is ideally situated on UCSC Bus Line, and close proximity to Downtown Santa Cruz, Google Analytics, and Joby Aviation - all of which are the target demographic of future tenants.

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Single Family Contingent

Price

$ 1,549,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.1593

Year Built

1920

Town/City

Santa Cruz

County/Region

Santa Cruz

MLS | Web ID

ML81944586

Days on Market

788
Features
General
Living Area 905
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Possession Close Of Escrow
Roof Composition
Zoning R-M (Multi-Family Residen
Garage Spaces 0
Year Built 1920
View Bay City Lights Park/Greenbelt
Property Subtype Single Family Residence
County Santa Cruz
New Construction 0
Property Type Residential
HOA 0
Attached Garage 1
Garage Y/N 0
Full Baths 1
Special Listing Conditions Standard
Status Active Under Contract
Directions Cross Street: Highland Ave
City Santa Cruz
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 6938
Carport Spaces 0
Property Attached Y/N 0
Standard Status Active Under Contract
Occupancy Type Tenant
Year Built Source Other
Property Sub Type Additional Single Family Residence
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Interior
Common Walls No Common Walls
Air Conditioning Y/N 1
Heating Y/N 1
Fireplace Y/N 1
Half Baths 0
Total Bedrooms 2
Total Baths 1
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Exterior
Parking Features Covered Gated
Lot Features Corners Marked Level
Water Source Public
Total Parking 7
Lot Size Area 6938
Lot Size Acres 0.1593
Lot Size Source Other
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* Excluded Features
List By
David Lyng Real Estate

Broker

troy@collectiverealestate.com

Email

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$9,664
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/26/2025$1,549,000 Listed Price

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247 High Street, Santa Cruz, CA, 95060 is a Single Family Home for sale at $1,549,000 with 905 sqft and a lot size of 0.1593. 247 High Street has 2 bedrooms, 1.0 baths, and was built in 1920. The property's zip code is 95060 which is in Santa Cruz, CA

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