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Berkshire Hathaway HomeServices California Properties

3811 Portola Drive, Santa Cruz, CA 95062

$3,500,000 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

Kasey Hinchman | kaseyandbrooke@davidlyng.com
Lic#: 01424163
Broker: Courtesy of David Lyng Real Estate
Phone: 831-239-3708

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Active

Listing ID: ML82038443

Price: $3,500,000

Rental Rate: $3,500,000

Lot Size:

HOA Fee is $0.00

Built in 1956

0.50 acres

County: Santa Cruz

Zoning: C-2

Heating description: Forced Air

Last Updated: 7/31/2026

Days On Market (DOM): 144

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Lat/Long: 36.963728, -121.966733.
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Lot Details

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

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Property Details

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 40Â± 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.

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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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