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Listed by Nicole Myhrstad • Bailey Properties
$ 5,999,000
Est. payment | /mo
5,312 SqFt
$ 5,999,000
Est. payment | /mo
5,312 SqFt
Open House
Thu Sep 04, 12:30pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 5,312 sqft
Price per Sqft $1,129
MLS Listing ID ML82014444
HOA Y/N No
Year Built 1959
Lot Size 30.290 Acres
Property Sub-Type OTHER
Source Datashare MLSListings
Property Description
Unique Investment & Landmark Property. Own a piece of California unlike any other. Home to 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 17 rental units generating steady income: two homes (1,856 sq. ft. and 1,066 sq. ft.), plus a commercial/art studio building with 8 creative bays (2,390 sq. ft.). All units are fully tenant-occupied, providing a significant monthly rent roll. Beyond its current use, the land offers future development potential, with ~15 acres possibly subdividable into three estate lots offering 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. Please do not disturb tenants or nursery employees. Shown by appointment only.
Location
State CA
County Santa Cruz
Interior
Heating Forced Air
Cooling No Air Conditioning
Flooring Hardwood, Tile
Fireplace No
Exterior
View Panoramic, Pasture, Ridge
Building
Lot Description Agricultural
Schools
School District Pajaro Valley Unified, Pajaro Valley Unified
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Ray Marquez
Broker-Associate | Lic# CA DRE#01800314 AZ# BR70577800