2603 Monterey Ave Soquel, CA 95073
Estimated payment $19,065/month
Highlights
- 3.51 Acre Lot
- Forest View
- Partially Fenced Property
- Main Street Elementary School Rated A-
- Pasture
About This Lot
037-191-12 - 3.5-acre parcel in the heart of Soquel, recently re-zoned (RF-Min) for high-density residential and mixed-use development. Zoning designation offers an expedited, ministerial approval process no public hearings required and is exempt from CEQA, placing your project on the fast track. Potential for approximately 140± units, this property presents a significant opportunity to create a transformative residential or mixed-use community in one of Santa Cruz County's most desirable areas. The location is unbeatable: just minutes from New Brighton State Beach, Cabrillo College, Capitola Village, and major transportation lines. Top-rated schools and coastal amenities enhance long-term appeal. As a designated Housing Element site, this parcel is aligned with mandates to increase housing supply. The County Planning Department supports streamlined development, imposing no additional County standards or discretionary reviews. This is more than land it's a ready-made opportunity for developers looking to deliver housing with fewer barriers and faster timelines in a sought-after coastal market. The property includes two existing homes served by natural gas, public sewer, and a private well. Public water is at street with available allocations through Soquel Creek Water District.
Property Details
Property Type
- Land
Lot Details
- 3.51 Acre Lot
- Partially Fenced Property
- Mostly Level
Property Views
- Forest
- Park or Greenbelt
Farming
- Pasture
Utilities
- Gas Available
- Well
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,632 | $558,874 | $399,196 | $159,678 |
| 2023 | $7,438 | $537,174 | $383,696 | $153,478 |
| 2022 | $7,322 | $526,640 | $376,172 | $150,468 |
| 2021 | $7,035 | $516,314 | $368,796 | $147,518 |
| 2020 | $7,052 | $511,018 | $365,014 | $146,004 |
| 2019 | $6,747 | $501,000 | $357,858 | $143,142 |
| 2018 | $6,630 | $491,176 | $350,840 | $140,336 |
| 2017 | $6,536 | $481,544 | $343,962 | $137,582 |
| 2016 | $6,212 | $472,102 | $337,218 | $134,884 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/30/2025 12/30/25 | Pending | -- | -- | -- |
| 12/30/2025 12/30/25 | Pending | -- | -- | -- |
| 06/20/2025 06/20/25 | Price Changed | $3,500,000 | 0.0% | $1,716 / Sq Ft |
| 06/18/2025 06/18/25 | For Sale | $3,500,000 | -7.9% | -- |
| 05/07/2025 05/07/25 | Price Changed | $3,800,000 | -2.6% | $1,863 / Sq Ft |
| 01/13/2025 01/13/25 | For Sale | $3,900,000 | -- | $1,912 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Grant Deed | -- | Old Republic Title Company | |
| Grant Deed | $350,000 | Santa Cruz Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $168,000 | Unknown | |
| Previous Owner | $175,000 | No Value Available |
Source: MLSListings
MLS Number: ML82011445
APN: 037-191-12-000
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Ask me questions while you tour the home.