Unique Multi-Unit Redwood Retreat with Income Potential
Nestled among towering redwood trees and just minutes from the coast, this versatile property offers multiple living spaces, income potential, and room to expand on ±0.61 acres. Conveniently located near Highways 1, 9, and 17, the property is only 6 miles from…Unique Multi-Unit Redwood Retreat with Income Potential
Nestled among towering redwood trees and just minutes from the coast, this versatile property offers multiple living spaces, income potential, and room to expand on ±0.61 acres. Conveniently located near Highways 1, 9, and 17, the property is only 6 miles from the Santa Cruz Boardwalk, making it ideal for full-time living, rental income, or flexible live-work setup. The historical property boasts approximately 3,320 sqft. The upstairs unit, being about 1,200sqft, features 3 full bedrooms plus a loft, washer and dryer, and a private entrance which was previously rented for $3,450/mo, needless to say, plenty of opportunity for rental income. The downstairs unit, being about 2,120sqft, with its own separate entrance, is currently operated as a successful Airbnb that generates on average about $4,000-$5,000/mo. It includes 4 bedrooms, with one converted into an office and the primary bedroom expanded to include a walk-in closet. An additional smaller bedroom provides flexible space. The property also includes a detached cottage with a new roof, currently used for storage but offering potential to convert back to an ADU if the septic system is reactivated. Recent improvements include brand-new flooring and new attic insulation, while a spacious concrete circular driveway, carport, and ±450 sqft storage space provide ample functionality. The grounds feature an abundance of fruit trees and plants, including oranges, lemons, grapes, persimmons, pomegranate, plum, olives, apples, walnuts and wild berries. With NO HOA, multiple living spaces, and plenty of land for expansion or speak with the county regarding an additional ADU, this unique redwood rental offers incredible flexibility for homeowners, multi-generational living or investors. Great opportunity for B&B, wedding venue, yoga studio, etc. Appliances included and furniture available for purchase. A definite MUST-SEE, will consider all offers!
Facts & Features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3
Cooling
Cooling: Central Air
Appliances
Laundry: Inside, Upper Level
Features
Has fireplace: Yes
Fireplace features: Wood Burning
Interior area
Total interior livable area: 3,320 sqft
Property
Parking
Total spaces: 2
Attached garage spaces: 2
Features
Stories: 2
Has private pool: No
Has view: Yes
View features: Trees Woods
Lot
Size: 0.61 Acres
Features: Trees
Details
Parcel number: 06601214000
Construction
Type & style
Home type: Residential
Property subtype: Single Family Residence
Condition
Year built: 1917
Location
Mike Zwarg
Broker / Owner
951.528.0626 mike@mzhomes.us
Listing Office: Rigel Capital · Listing Agent: Ilnaz Patrick · 925-286-9970 · CRMLS
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