Property Details
About this Property
Rare redevelopment and investment opportunity in the Pleasure Point Commercial Corridor within a designated Opportunity Zone. Situated along Portola Drive in the heart of Pleasure Point, this high-visibility property includes an existing medical office building and an adjoining vacant lot, creating a unique opportunity for investors, developers, or owner-users seeking a strategic coastal location with long-term upside. The single-story building is currently configured as a chiropractic office with multiple treatment rooms and a flexible layout suitable for medical, wellness, or professional use. Strong street frontage and a generous on-site parking lot provide excellent visibility and accessibility along one of the areas prime commercial corridors. Preliminary architectural concepts have been explored for a 40± unit mixed-use development, presenting a compelling opportunity to reposition, redevelop, or land bank in a coastal market where development sites are increasingly limited. Located approximately three blocks from the iconic Pleasure Point surf break at The Hook and minutes from Capitola Village, the property sits within one of Santa Cruz County's most desirable coastal communities, surrounded by vibrant retail, restaurants, and year-round beach culture.
MLS Listing Information
MLS #
ML82038868
MLS Source
MLSListings, Inc.
Days on Site
1
Lots & Land Information
Development Status
Other
Existing Structures
Other
Fencing
PartialFencing
Lot Description
Grade - Level
Present Use
Office
Utilities
Public Utilities, Public Utilities, Water - Public
Parking, School, and Other Information
Elementary District
Soquel Union Elementary
Sewer
Public Sewer
Water
Public
Zoning
C-2
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3811 Portola Dr is in Santa Cruz, CA 95062. This Land is currently priced at $3,500,000. This address can also be written as 3811 Portola Dr, Santa Cruz, CA 95062.
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This listing information is up-to-date as of March 16, 2026. For the most current information, please contact Kasey Hinchman, (831) 239-3708
