$1,650,000
$325,000 Price Reduction: Walk to Black's Beach Three fixer-upper detached 1BR/1BA homes on approximately 20,000 SF high-density multifamily development site in the heart of Live Oak's coveted East Cliff Village neighborhood. This exceptional property combines coastal living with unparalleled walkability, offering multiple development paths in one of the most desirable beach communities. Development Potential: - Zoning: R-UH/RM-2.5 (General Plan/Zoning) - Conforming Density: Up to 19 units (14 base units + 5 density bonus units) - Current Structures: 3 single-family homes, in disrepair Development Options: 1. Full Redevelopment: Build up to 19 multifamily units on this premium coastal site 2. Partial Development: Add approximately 6 additional units while preserving existing structures 3. Single-Family Luxury: Rebuild existing homes for maximum privacy and outdoor space In a market starved for new housing, this site offers the rare combination of premium coastal location, exceptional walkability, and meaningful development scale. Additional Information: - Topographical survey available Please download and review Offering Memorandum. Buyer is responsible for verifying all development potential, density calculations, and project feasibility with local planning authorities.
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Listed by Troy Hinds with David Lyng Real Estate (831) 429-5700
Property Type
Triplex
Status
Active
MLS Number
ML82017110
Year Built
1927
Lot Size
0.45 acres