Home | Santa Cruz County | Santa Cruz | 95060 | 806 Ocean St
MLS: ML82032670 | Status: Active | Price: $2,950,000
Beds/Baths: – / –
Property Type: Commercial Sale
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 6,508 | 0.465 | 1981 |
Positioned at the epicenter of the rapidly evolving Ocean St. corridor, 806 Ocean represents a premier development opportunity in Santa Cruzs most aggressive growth zone. Spanning just under a half acre with the highly coveted MU-VH zoning, this property is a blank canvas perfectly situated to benefit from the massive infrastructure and residential investments currently transforming the citys gateway. Developers can leverage State Density Bonus Laws to exceed traditional caps, creating a high-yield, flagship project that mirrors the 5 & 6 story developments rising on neighboring blocks. This rare zoning allows for a strategic blend of high-density residential and lucrative visitor-serving commercial uses. Beyond its development potential, 806 Ocean offers a de-risked transition for investors, with a current lease in place to offset holding costs during the entitlement phase. The sites location is unrivaled for connectivity, offering direct access to Highway 17 and Highway 1 while remaining walking distance to the San Lorenzo Riverwalk, Downtown, and the Beach Boardwalk. As Santa Cruz shifts toward a transit-oriented future, this site stands as the next logical domino to fall in a high-yield corridor. Secure the chance to shape the skyline of a neighborhood being reborn.
| Field | Value |
|---|---|
| MLS # | ML82032670 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 85 |
| Feature | Details |
|---|---|
| Cooling | Central Forced Air - Gas |
| Heating | Forced Air |
| Feature | Details |
|---|---|
| Roof | Metal |
| Foundation | Slab |
| Feature | Details |
|---|---|
| Sewer | Public Sewer |
| Water | Public |
| Zoning | MU-VH |
| Feature | Details |
|---|---|
| # Buildings / # Units | 1 |
| Parking Spaces | 22 |
| Present Use | Retail |
| Utilities | Natural Gas Available, Water - Public |
The Portola Group
KW Thrive Santa Cruz
License #: 02019111,01988429
Phone: (831) 440-8367
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 603 Mission St | $2,700,000 | – | – | 5,923 | Active |
| 125 Dubois St | $3,200,000 | – | – | 13,125 | Contingent |
| 1610 Soquel Ave | $3,200,000 | – | – | 22,230 | Active |
| 3311 Mission Dr | $3,199,000 | – | – | 3,590 | Active |
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This listing information is up-to-date as of March 25, 2026. For the most current information, please contact The Portola Group, (831) 440-8367.