3300 Crestline Way, Soquel, California 95073, Soquel, 95073 - 1 bed, 1 bath
ACTIVE$2,495,000
3300 Crestline Way, Soquel, California 95073
1Bed
1Bath
900Sqft
27,443Lot
Year Built
1949
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$2,772
HOA
-
Days on market
-
Sold On
-
MLS number
ML82013216
Home ConditionTear down
Features
Excellent View:
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $2.50M(89th), sqft - 900(7th), beds - 1(4th), baths - 1(15th).
One of kind, enviable panoramic views overlooking Santa Cruz and Monterey Bay. Permitted plans for 1408 SF single family home redevelopment with existing detached 750 SF 1 bed 1 bath house, each on separate parcels. Continue with approved plans, or start from scratch. Perched atop the hillside overlooking the ocean and Soquel Village, this one-of-a-kind property presents the perfect opportunity to build the home of your dreams. With each building on it's own parcel the new owner has tremendous flexibility: Rent one, live in the other? Sell one, keep the other? Main house, guest house? Spec build?
Price History
Date
Event
Price
07/02/25
Listing
$2,495,000
Condition Rating
Tear down
The property, built in 1949, consists of two parcels. One parcel features an existing 750 sqft house whose exterior shows significant disrepair and peeling paint, suggesting it is not move-in ready and likely requires substantial rehabilitation or demolition. The other parcel contains only the framing of a new structure, clearly not a livable dwelling. The MLS description explicitly highlights 'redevelopment' and 'start from scratch' options, indicating the value is primarily in the land and its potential for new construction, rather than the existing structures. No interior photos of the existing house are provided, which is a strong indicator of its poor internal condition. Given the age and visible state of disrepair, and the focus on building new, the existing structures are effectively considered tear-downs for the purpose of realizing the property's full potential.
Pros & Cons
Pros
Exceptional Panoramic Views: The property boasts enviable, unobstructed panoramic views overlooking Santa Cruz, Monterey Bay, the Pacific Ocean, and Soquel Village, providing a premium aesthetic and significant value.
Approved Development Plans: Permitted plans for a 1408 SF single-family home redevelopment are already in place, significantly reducing the time, cost, and uncertainty for a buyer looking to build.
Dual Parcel Flexibility: The property includes an existing detached 750 SF 1 bed/1 bath house, with each building on its own separate parcel, offering tremendous flexibility for rental income, multi-generational living, or independent sale.
Significant Lot Size: A generous lot size of 27,443 sqft (over half an acre) provides ample space for the planned redevelopment, enhancing privacy and potential for extensive landscaping or outdoor amenities.
Prime Hillside Location: Perched atop a desirable hillside in Soquel, the location offers exclusivity, stunning vistas, and convenient access to the charm of Soquel Village and surrounding areas.
Cons
Existing Structure's Age and Condition: The current 1949-built, 900 sqft 1 bed/1 bath home is small and dated, implying it's likely a tear-down or requires extensive renovation, not suitable for immediate high-end occupancy.
High Price Point for a Project: The $2.495 million list price is substantial for a property that primarily offers land and development potential, requiring significant additional capital investment for construction to realize its full value.
Construction Project Required: Despite approved plans, the property's full potential is contingent on a buyer undertaking and managing a significant construction project, which involves time, effort, and inherent complexities.