728 Riverside AVE Santa Cruz, CA 95060

An oasis in the heart of Santa Cruz, this has been the home of the Fairytale Farm for many years. Now, it's ready for your dreams to take form. You will appreciate the ideal single-level floor plan that provides the option for flexible living arrangements. The private back bedroom, bathroom, and wet bar have been rented both on a short-term and long-term basis providing a nice income stream over the years. The current owners have a coveted whole-house vacation rental permit, and this may be transferrable to the next steward of the property. While this original Santa Cruz bungalow is a very special home, the RM zoning allows for a variety of very interesting DEVELOPMENT POSSIBILITIES. UPTO 7 UNITS could be built on this parcel. You could also add multiple units on the parcel while keeping the existing home in place which could even be converted into a duplex. First showings are on Thursday 10/12 from 9:30am-Noon, and both SAT/SUN 1-4pm. Don't miss this very special opportunity!