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719 Darwin Street, Santa Cruz, California 95062, Santa Cruz, 95062 - 2 bed, 1 bath

719 Darwin Street, Santa Cruz, California 95062 home-pic-0
ACTIVE$1,050,000
719 Darwin Street, Santa Cruz, California 95062
2Beds
1Bath
728Sqft
8,233Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Development Potential: The 8,233 sq ft parcel is eligible for multi-unit or mixed-use development under current city guidelines, with no onsite parking requirement, offering significant flexibility and value for investors/developers.
Top Cons:
Outdated Existing Structure: The current 1946-built, 728 sq ft, 2-bed/1-bath home is small and likely requires extensive renovation or demolition, adding significant cost and effort for any new project.

Compared to the nearby listings

Price:$1.05M vs avg $1.86M ($-813,000)11%
Size:728 sqft vs avg 1,700 sqft7%
Price/sqft:$1.4K vs avg $1.2K67%

More Insights

Built in 1946 (79 years old).
Condition: The property, built in 1946, is clearly unlivable in its current condition. Images show extensive dilapidation with missing exterior siding, exposed framing, and boarded-up windows, indicating severe structural issues and neglect. The listing description itself highlights the 'Outdated Existing Structure' and suggests it 'likely requires extensive renovation or demolition,' emphasizing that the value lies in the land's development potential rather than the existing dwelling. There are no visible kitchens or bathrooms, and given the exterior, any interior components would be beyond repair. This aligns perfectly with the 'tear-down' criteria.
Year Built
1946
Close
-
List price
$1.05M
Original List price
$1.25M
Price/Sqft
$1,442
HOA
-
Days on market
-
Sold On
-
MLS number
ML82021660
Home ConditionTear down
Features
Patio
View-

About this home

Opportunity in the heart of Santa Cruz! 719 Darwin Street presents a rare chance to bring your vision to life in one of the citys most desirable and walkable neighborhoods. This 8,233 sq ft (approx. 0.19-acre) parcel is now eligible for multi-unit or mixed-use development under current city guidelineswith no onsite parking requirement, offering a major design advantage. Located near main thoroughfares, local shops, and just minutes from the beach, this property combines visibility, accessibility, and flexibility. A recent geotechnical soils report is available for review, helping streamline next steps toward your build. For those not pursuing a multi-residential project, imagine designing your own custom coastal home with a granny unit, guest quarters, or ADU above a garage or workshopperfect for extended family, guests, or rental income. The flat lot offers ample room for creative configurations: a home office or art studio, live/work setup, or modern retreat that blends lifestyle and productivity. Whether youre an investor, developer, or owner-user, 719 Darwin Street is ready for your ideas. Capture the energy of Santa Cruz livingwalk to cafés, bike to the beach, and enjoy everything this vibrant Seabright area location has to offer.

Condition Rating
Tear down
The property, built in 1946, is clearly unlivable in its current condition. Images show extensive dilapidation with missing exterior siding, exposed framing, and boarded-up windows, indicating severe structural issues and neglect. The listing description itself highlights the 'Outdated Existing Structure' and suggests it 'likely requires extensive renovation or demolition,' emphasizing that the value lies in the land's development potential rather than the existing dwelling. There are no visible kitchens or bathrooms, and given the exterior, any interior components would be beyond repair. This aligns perfectly with the 'tear-down' criteria.
Pros & Cons

Pros

Exceptional Development Potential: The 8,233 sq ft parcel is eligible for multi-unit or mixed-use development under current city guidelines, with no onsite parking requirement, offering significant flexibility and value for investors/developers.
Premier Santa Cruz Location: Situated in the heart of Santa Cruz's desirable and walkable Seabright neighborhood, close to main thoroughfares, local shops, and just minutes from the beach, enhancing lifestyle and future property value.
Spacious & Buildable Flat Lot: The generous 0.19-acre flat lot provides ample room and ease for various construction projects, from custom homes with ADUs/granny units to multi-unit complexes.
Versatile Investment Opportunity: Appeals to a broad range of buyers including investors, developers, and owner-users seeking to capitalize on custom build, income generation, or multi-family projects.
Reduced Due Diligence Risk: A recent geotechnical soils report is available for review, streamlining the initial assessment phase for development and potentially saving time and costs.

Cons

Outdated Existing Structure: The current 1946-built, 728 sq ft, 2-bed/1-bath home is small and likely requires extensive renovation or demolition, adding significant cost and effort for any new project.
Recent Price Reductions: Multiple price drops from the original $1.249M to $1.05M may suggest initial overpricing or market resistance, potentially impacting buyer confidence.
High Initial Investment: The $1.05M list price represents a substantial upfront cost for what is primarily a development opportunity, requiring significant additional capital for construction.

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