111 Errett Lot 8 CirScotts Valley, CA 95066

This exceptional 0.115-acre commercial lot, located at 111 Errett Circle (Lot 8) in Scotts Valley, CA 95066, presents a unique development opportunity within the innovative Circle of Friends co-housing community. Priced at $1,400,000 ($280/sq ft), this R1-zoned property offers two parking spaces and is ready for immediate construction. Extensive pre-development work has already been completed, including a finalized civil plan, geotechnical report, historical evaluation, CEQA exemption, traffic plan, site plan, arborist report, landscape plan, and peer review. The previous structure has been demolished, and temporary power is available on-site. All disclosures are publicly accessible through the City of Santa Cruz Planning website. This lot is part of a ten-lot development featuring shared community spaces and an 8,000 sq ft open area. The community emphasizes sustainability and connection, offering a unique lifestyle opportunity just three blocks from Westcliff and the beach. Financing options include cash or conventional loans, with possession terms negotiable. This is an exceptional chance to build a custom home within a thriving, environmentally conscious community. The approximate lot size is 5,000 square feet.