2603 Monterey Ave Soquel, CA 95073
Soquel NeighborhoodEstimated payment $19,966/month
Total Views
21,603
3
Beds
2
Baths
2,040
Sq Ft
$1,716
Price per Sq Ft
Highlights
- 3.5 Acre Lot
- Park or Greenbelt View
- Dining Area
- Main Street Elementary School Rated A-
- 5 Car Detached Garage
About This Home
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 140A± 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,632
Year Built
- Built in 1947
Lot Details
- 3.5 Acre Lot
- Mostly Level
- Zoning described as R-1-6
Parking
- 5 Car Detached Garage
Home Design
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,040 Sq Ft Home
- Living Room with Fireplace
- Dining Area
- Park or Greenbelt Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Heating System Uses Gas
- Well
Listing and Financial Details
- Assessor Parcel Number 037-191-12-000
Map
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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 |
| 2015 | $6,021 | $465,012 | $332,151 | $132,861 |
| 2014 | $5,904 | $455,903 | $325,645 | $130,258 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
Source: MLSListings
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 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $138,000 | New Conventional | |
| Closed | $168,000 | Unknown | |
| Previous Owner | $175,000 | No Value Available |
Source: Public Records
Similar Homes in Soquel, CA
Source: MLSListings
MLS Number: ML81990308
APN: 037-191-12-000
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