A Region of Recreation and Expanding Wealth
The beach areas immediately surrounding the property are a popular destination for golf, tennis and water sports, while to the immediate south the countryside opens up to a region where small farms are interspersed with large estates, providing a world-class backdrop to one of the largest landholdings available anywhere in the county, let alone in such close proximity to the many amenities that the region enjoys.
Big wave surfers flock in the winter to nearby Manresa beach, and a weekly peloton of world-class cyclists passes by the property’s lower entrance most Saturday mornings on their way out to the riding routes of the Pajaro hills. A mile or so to the North, you can also frequent Seascape Village with its popular shops and restaurants, enjoy the Seascape Resort, Seascape Tennis and Sports Club, or the Seascape Golf Club just around the corner.
A growing number of Mega Estates in excess of 10,000 SF have been built in the immediate region in recent years, such as the 13,200 Villa Vizcaya on 12 acres along the bluffs to south, which has led some to refer to the region as The Northern California Riviera. And as the following comparable sales of large home and properties in the surrounding areas show, it is clear that there is a growing demand for this type of lifestyle in the region.
MARKET ACTIVITY FOR RELEVANT SANTA CRUZ COUNTY
LARGE HOME AND PROPERTY LISTINGS (PAST 5 YEARS):
5021 Coast Rd, Santa Cruz
Sold June 2019 for $23,750,000 ($134K per acre) (Off MLS)
176.79 Acres (north coast, ocean views) in 3 parcels, zoned CA, organic farmland, with a 2,200 SF house, originally built in 1952
164 Pleasant Valley Rd, Aptos
Sold on MLS June 2016 for $9,750,000 ($121K per acre)
80.66 Acres (inland location) 2 parcels, zoned CA, with a 6,919 SF house, built-in 2004, plus barn, horse facilities, and an orchard.
300 Byers Lane, La Selva Beach
List Price $4,900,000 ($73K per acre) Pending Sale (Off MLS)
67.26 Acres (directly adjacent, ocean views) Zoned A-RA, with non-permitted improvements including a swim complex, tennis court, and multiple outbuildings.