Summit Road,  Los Gatos  (95560)

$3,499,999

0 bedrooms 0   0 bathrooms 0   3484800 square feet 3,484,800
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Listed By: Brett Barber of Residential Agent Inc.

PROPERTY DETAILS

Address: view address
Los Gatos, CA 95560
Map Location
Square Feet: 3,484,800 sq.ft.
Lot Size:80.00 acresYear Built:2000
Property Type:LandCounty:Santa Cruz
List Date:2022-02-01Listing Number:OC22019593
Days on market:152

PROPERTY DESCRIPTION

Approximately 76 acres +\- Raw land located in the Santa Cruz Mountains overlooking The Monterey Bay including Carmel, Big Sur, Monterey and Santa Cruz with breathtaking views! 12% plus pro forma cap rate up to 60k / mo potential rent as highest and best use for camping, agriculture and several roads and ponds for off-roading activities. Expand this private retreat with virtually unlimited income potential. This exclusive 80 acre +\- acre parcel offers 360-degree sweeping ocean and mountain views. The seller cut several roads and there are retreats and schools such as Mt. Madonna which are good examples of what can be built. The uppermost building site (separate from the other developed sites) could be expanded to 4 more sites or build your dream home/estate with approximately 40 acres available for a vineyard. Ideal southern exposure provides liberating independent living possibilities. This property offers significant possibilities for those seeking a secluded estate or private retreat in a spectacular setting. This property was previously owned by a US president and can be connected to power or off grid with photovoltaic, propane, and has a working well with several water tanks. This Special Use zoned parcel features Summit Rd. frontage and amazing 360-degree views of the Monterey Bay/South Bay. Oak, Madrone, Pine, and Manzanita grow on the hillsides and rock-outcroppings share the sun-drenched upper elevations. There are sweeping ocean and mountain views and neighboring homes across the ridge. Own your own mountain top today!

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Property and Lot Details

Has View:YesHorse Property:Yes
Lot Acres:80Lot Has Bay View:Yes
Lot Has Mountain View:YesLot Has Ocean View:Yes
Lot Near Mountains:YesLot On Or Near Gravel Road:Yes
Lot On Private Road:YesLot On Unimproved Road:Yes
Lot Sqft:3,484,800Lot Zoned:SU
Propane Gas:YesSeptic System:Yes
Transaction Type:Sale

Community information and market data Powered by Onboard Informatics. Copyright ©2022 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2022 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2022 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

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Listed By: Brett Barber of Residential Agent Inc.