1024 Webster Street, Santa Cruz, California 95062, Santa Cruz, - bed, bath

home-pic
ACTIVE$1,199,000
1024 Webster Street, Santa Cruz, California 95062
4Beds
4Baths
2,275Sqft
12,284Lot
Year Built
1984
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82014027
Home ConditionTear down
Features
Pool
View-

About this home

Opportunity knocks at 1024 Webster! Prime Santa Cruz location, a coveted neighborhood, a huge lot, and so much potential. Property is being sold with fully approved plans and permits for a full rebuild. Survey and all county requirements for rebuilding are complete and records regarding the same are available. In-ground pool is already in place and being maintained regularly. The property offers multiple areas for fruit trees, gardening, expanding the additional dwelling unit, and a rose garden. Less than 2 miles to Twin Lakes Beach and East Cliff Drive, this property is the perfect place to build your Santa Cruz dream home. Break ground with the plans available and approved, or create your own for multi-generational living, multiple units, and more - the options are endless at 1024 Webster!

Price History

Date
Event
Price
07/10/25
Listing
$1,199,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (70 Listings)
Beds43
85%
Baths42
89%
Square foot2,2751,664
77%
Lot Size12,2845,449
96%
Price$1.2M$1.88M
15%
Price per square foot$527$1,201
3%
Built year19841976
62%
HOA
Days on market118156
23%
Condition Rating
Tear down

The property, built in 1984, is explicitly marketed with 'fully approved plans and permits for a full rebuild.' This indicates that the current structure is considered beyond practical repair or renovation, and its value is primarily in the land and the potential for new construction. The provided images show only the exterior, an unkempt yard, and architectural renderings/floor plans for a new build, with no interior photos of the existing house, further suggesting the current structure is not a selling point and is intended for demolition and replacement.
Pros & Cons

Pros

Approved Development Plans: The property comes with fully approved plans and permits for a full rebuild, significantly reducing time, cost, and uncertainty for development.
Prime Santa Cruz Location: Situated in a coveted Santa Cruz neighborhood, less than 2 miles from Twin Lakes Beach and East Cliff Drive, offering desirable coastal living.
Generous Lot Size: A substantial 12,284 sqft lot provides ample space for a new dream home, fruit trees, gardening, and potential expansion for an additional dwelling unit (ADU).
Development Flexibility: The property offers endless options for multi-generational living, multiple units, or a custom-built home, catering to diverse buyer needs and investment strategies.
Existing In-Ground Pool: An in-ground pool is already in place and regularly maintained, providing a valuable amenity that can be integrated into a new build.

Cons

Significant Additional Investment Required: The property is marketed as an opportunity for a 'full rebuild,' implying substantial additional capital and time investment beyond the purchase price.
Not Move-In Ready: Given the emphasis on a rebuild, the existing 1984 structure likely requires demolition or extensive renovation, making it unsuitable for immediate occupancy.
Niche Buyer Pool: The requirement for a full rebuild and significant investment narrows the potential buyer demographic to developers or specific owner-builders, which could impact market duration.

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