Unique Investment & Landmark Property. Own a piece of California unlike any other. Imagine the possibilities: Family Compound, Retreat Center...or live there and enjoy ample rental income in addition to living on this fabulous property! Home to the Bamboo Giant Nursery, this 30+ acre estate features the largest public bamboo grove in the U.S., along with redwoods, hiking paths, sunny clearings, and a koi pond with a self-sustaining waterfall. The property includes 12 rental units generating steady income: two homes with 2 units each (1,904 sq. ft. and 4,673 sq. ft.), Total 6,577 SF Total bed /bath count 9/7 plus a commercial/art studio building with 8 creative bays (2,693 sq. ft.). All units are fully tenant-occupied, providing a significant monthly rent roll. Beyond its current use, the land potentially offers future development possibilities, with ~10 acres possibly subdividable from the 30 acres to build a massive house plus and ADU with sweeping canyon views. Buyer to verify! The natural beauty has also made this property a sought-after venue for weddings, fairs, and tours. A rare opportunity to combine income, development, and natural splendor in one remarkable property. Seller is offering partial seller financing to qualified buyers.
Property Details
- Cooling
- 1
- Heating
- Forced Air, Wall Furnace
- Cooling Features
- Wall Window Units
- Bedrooms
- 9
- Bathrooms
- 7.0
- Full Baths
- 7
- View
- Valley,Trees Woods
- Lot Features
- Paved, Secluded
- Stories
- 2
- Lot Description
- Paved, Secluded
- Acres
- 31.0
- Square Feet
- 6577.0
- Lot Size (sqft)
- 1350360.0
- Parking Features
- Uncovered
- Parking Spaces
- 0.0
- Parking Garage Spaces
- 0.0
- Property Type
- Purchase
- Style
- Mediterranean
- Property Subtype Additional
- Single Family Residence
- Year Built
- 1959
- Roof
- Composition
- Sewer Information
- Other
- Utility Source
- Public
- Utility Features
- Other
- School District
- Other
- High School
- Aptos
- County
- Santa Cruz
- Region
- Aptos
- Zoning
- SU
- Original List Price
- $5,999,999
Location
Legal
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Provided By
Listed by Nicole Myhrstad (#ML5105997)
Listing Office: Bailey Properties (#ML39757)
