2320 Newell Dr Aptos, CA 95003
- Commercial real estate
- 58.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2320 Newell Dr
- Lot size
- 58.40 lot acres
- Property type
- Commercial real estate
- APN
- 105-321-08
Description
This exceptional 58.4-acre property in Aptos, CA (APN 105-321-08), presents a unique opportunity for development. Nestled in a redwood forest with breathtaking valley and mountain views, the land features a cleared, level building pad ready for construction. An active building permit is in place for a 5,300-square-foot residence, with design flexibility and provisions for an accessory dwelling unit (ADU). Conveniently located an 8-minute drive from Aptos Village via paved roads, the property boasts a newly constructed, geogrid-reinforced driveway. Existing infrastructure includes a utility building with 400-amp electric service, generator and battery backup space, a septic/leach field system, ample water service and storage tanks from a community well, and a comprehensive drainage system. Solar panel posts are also installed. Aesthetic concrete retaining walls enhance the private driveway. Two accessible road trails offer additional development potential, including a second emergency exit and a flat area suitable for equipment storage. The property is zoned TP. Asking price: $3,500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aptos
- County
- Santa Cruz
- State
- California
- Longitude
- -121.89154
- Latitude
- 37.009751
