Land For Sale • 13.5 AC
INVESTMENT HIGHLIGHTS: Pacific CrestLands presents a rare opportunity to an investor to acquire over 13 acres of coastal infill land to develop a mixed-use hospitality-oriented project in a market characterized by constrained land supply, strong demographic fundamentals, and durable tourism demand. The site is well positioned to support a variety of resort style developments with potential complementary retail and residential components that align with Santa Cruz’s live-work-play lifestyle. Key drivers of the investment include: – Entitlement scarcity and coastal zoning constraints, limiting future competitive supply – Proximity to Silicon Valley, capturing corporate, tech, and weekend leisure demand – Strong and consistent tourism base, supporting hotel, retail, and experiential uses – Multiple value creation levers including development, branding, programming, and asset repositioning
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Monterey Regional | 44 min | - | 35.6 mi |
| Norman Y Mineta San Jose International | 53 min | - | 39.8 mi |