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Berkshire Hathaway HomeServices California Properties

2904 Freedom Boulevard, Corralitos, CA 95076

$3,200,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Paul Zech | paul.zech@cbrealty.com
Lic#: 01965059
Broker: Courtesy of Coldwell Banker Realty
Phone: 831-247-3007

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Active

Listing ID: ML82053332

List price is $3,200,000 Reduced by $595,000 on 7/22/2026

Price: $3,200,000

Rental Rate: $3,200,000

Lot Size:

HOA Fee is $0.00

Built in 1931

1.92 acres

County: Santa Cruz

Zoning: C-1

Heating/cooling: None

Heating description: Central

Last Updated: 8/2/2026

Days On Market (DOM): 27

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Lat/Long: 36.964090, -121.809310.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

Iconic and historic investment opportunity on nearly 2 acres of level land in thriving Corralitos. Fondly known since the 1850s as the "Five Mile House" a prominent former tavern and stagecoach stop this versatile commercial property blends steady holding income with immense development upside. The site currently hosts an eclectic, established mix of 10+ food, health, and service tenants providing an immediate, reliable income stream from day one. For the forward-thinking developer or entrepreneur, the true prize lies in the rear of the property: approximately 40,000 sq. ft. of flat, undeveloped land. Flexible Commercial zoning allows for a wide array of development options. As this area of Corralitos rapidly gains popularity as a vibrant hub for businesses, services, and entertainment, this premier location is primed for expansion. Bring your vision to maximize the untapped potential of this unique, underutilized community landmark. The possibilities here are truly limitless!

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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