
Santa Cruz, California 95062
Rare opportunity to build equity or construct your dream coastal retreat at 113 Pine Street! Situated in a highly desirable, established Santa Cruz neighborhood, this property offers exceptional location value just minutes from local beaches, downtown shopping, dining, and easy highway access. The existing structures are in poor condition with significant deferred maintenance and may be potential tear-downs, making this an ideal blank canvas for contractors, builders, savvy investors, or experienced project seekers looking for their next major undertaking. Bring your architect, land planner, and vision to explore the possibilities of a complete rebuild, major expansion, or custom footprint. The property features a 448 sq. ft. 1-bedroom, 1-bathroom primary residence, along with a converted detached garage of roughly 400 sq. ft. Value is predominantly in the land and location. Opportunities at this price point in Santa Cruz are exceptionally rare, don't miss out!
Property is land value only, full reconstruction required.
Built in 1925 with no significant renovations, this property is explicitly marketed for its land value. The listing describes the structures as being in poor condition with significant deferred maintenance and potential tear-downs. The kitchen and living areas are extremely dated, undersized, and lack modern systems.
Situated in a highly desirable, established Santa Cruz neighborhood, the property offers exceptional proximity to local beaches, downtown shopping, dining, and easy highway access.
The 4,530 sq. ft. lot serves as an ideal blank canvas for contractors or investors to build a custom coastal retreat, major expansion, or a completely new footprint.
At $699,000, this property represents an exceptionally rare opportunity to acquire a residential lot in a premium Santa Cruz location at a competitive price point.
The existing structures suffer from significant deferred maintenance and are likely tear-downs, requiring substantial additional capital investment for demolition or reconstruction.
With only 448 sq. ft. in the primary residence, the current footprint is extremely limited and likely uninhabitable for most buyers without immediate and major construction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 448 | 1,703.516 |
| Lot Size | 4,530 | 6,974.558 |
| Price | $699.0K | $1.64M |
| Price per sq ft | $1.6K | $944 |
| Built year | 1925 | 1972 |
| HOA | $0 | $984 |
| Days on market | 10 | 43 |
Oct 14, 2026
$699,000
Initial Listing