806 Ocean Street, Santa Cruz, CA 95060

• 6,508 sqft

Property Description

Positioned at the epicenter of the rapidly evolving Ocean St. corridor, 806 Ocean represents a premier development opportunity in Santa Cruzs most aggressive growth zone. Spanning just under a half acre with the highly coveted MU-VH zoning, this property is a blank canvas perfectly situated to benefit from the massive infrastructure and residential investments currently transforming the citys gateway. Developers can leverage State Density Bonus Laws to exceed traditional caps, creating a high-yield, flagship project that mirrors the 5 & 6 story developments rising on neighboring blocks. This rare zoning allows for a strategic blend of high-density residential and lucrative visitor-serving commercial uses. Beyond its development potential, 806 Ocean offers a de-risked transition for investors, with a current lease in place to offset holding costs during the entitlement phase. The sites location is unrivaled for connectivity, offering direct access to Highway 17 and Highway 1 while remaining walking distance to the San Lorenzo Riverwalk, Downtown, and the Beach Boardwalk. As Santa Cruz shifts toward a transit-oriented future, this site stands as the next logical domino to fall in a high-yield corridor. Secure the chance to shape the skyline of a neighborhood being reborn.

Listing Status:

Active

Date Added:

January 27, 2026

Data Last Updated:

February 16, 2026 at 8:06PM

Listing Office:

KW Thrive Santa Cruz : 831-457-5500

Listing Agent:

The Portola Group : 831-440-8367

MLS ID:

ML82032670

Interior

• Heating: Forced Air
• Disability Feature: Customized Wheelchair Accessible

Exterior

• Parking: Assigned

Location

• County: Santa Cruz

Lot

• Zoning: MU-V00833148000