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Santa Cruz, CA

$2,500,000

338 Ocean Street, Santa Cruz, CA
0
Baths
2,150
Sq Ft
1885
Built
195
Days listed

About this home

Charming Victorian-style duplex in the heart of Santa Cruz. The upper unit offers approximately 1,100 sq. ft. with 2 bedrooms and 1 bathroom, while the lower unit features approximately 800 sq. ft. with 1 bedroom and 1 bathroom, ideal for investment, owner-occupancy, or multigenerational living. A standout feature is the expansive 17,976 sq. ft. lot, offering compelling future development potential for multi-use and/or additional units (buyer to verify). Surrounded by established higher-density uses, the immediate area reflects what may be possible. For reference, the neighboring property at 314 Jessie St. is improved with an approximately 50-unit apartment building on a lot that appears only modestly larger, highlighting the upside opportunity for this exceptional parcel.

Facts & features

Interior
Bathrooms
0
Living area
2,150 sq ft
Cooling
None
Exterior & lot
Lot size
0.392 acres (17,076 sq ft)
Architectural style
Victorian
Year built
1885
Parking
Off Street
Parking spaces
10
Community
Area
699 - Not Defined
County
Santa Cruz
Listing details
Status
Active
Property type
Duplex
Days on market
195
Listed
2026-01-06
Parcel #
01055109000
MLS #
ML82030410
Listed by
Paul Zech · Coldwell Banker Realty

Location

Price history

Listed
$2,500,000 · 2026-01-06
Days on market
195
Current price
$2,500,000
Financing

Could this home be yours?

Estimated monthly payment
$15,683
$12,641 principal & interest · $3,042 taxes & insurance
$500,000
Estimate only
Loan $2,000,000

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Estimated value range nearby
$2,485,375$2,917,614

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Listing data provided by CRMLS

Listing courtesy of Coldwell Banker Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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