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Listed by Carlos Azucena • Marcus & Millichap, DRE#01738155
$10,800,000
Est. payment /mo
11 Beds
9 Baths
17,920 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 17,920 sqft
Price per Sqft $602
MLS Listing ID ML82054274
Bedrooms 11
Full Baths 9
Year Built 1998
Lot Size 1.760 Acres
Property Sub-Type Five or More Units
Property Description
16 Spacious Townhomes. Expansive 1.76 Acre Rectangular Lot. Built in 1998. 1.5 Miles from the Beach. The Azucena Group of Marcus & Millichap is pleased to present the exclusive opportunity to acquire Spring Village, located at 2220 Chanticleer Avenue in the coastal city of Santa Cruz, California. The property is being offered for sale for the first time since its construction by the original developer. The property consists of (1) four-bed/two-bath townhouse, (3) three-bed/two-bath townhouses, (2) two-bed/two-bath townhouses with lofts, and (10) two-bed/two-bath townhouses. All homes are spacious two-story floor plans with private yards, in-unit laundry, 3:1 on-site parking and central A/C and heat. The large open spaces on also allow for the addition of more units/ADUs. Ideally positioned between Silicon Valley and Monterey Bay, Santa Cruz has become one of Northern California's most desirable residential and investment markets. The city's exceptional quality of life, coastal setting, and limited housing supply continue to drive strong demand for rental housing. With a median home sale price exceeding $1.4 million (as of May 2026), homeownership remains unattainable for many local residents due to high acquisition costs, constrained inventory, and persistent buyer competition.
Location
State CA
County Santa Cruz
Area Live Oak
Building/Complex Name Sunshine Village
Zoning RM-4
Interior
Heating Central Forced Air
Cooling Central AC
Exterior
Parking Features Uncovered Parking
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition
Building
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Public
Others
Restrictions None
Tax ID 029-042-10-000
Security Features None
Special Listing Condition Not Applicable
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