The value is in the Lot and Location. Great upside potential to develop on the lot. Walking distance to downtown Soquel and Main Street. Soquel has shops, restaurants & antique shops along Soquel Drive & Main Street. 10,542 Square foot lot allows for room to expand. Bring your contractor. Set back far enough off Soquel Drive to still feel private. Would also be great location for a business. Near successful businesses. Check with the county for development potential. According to the multifamily zoning if you plan to add a multifamily unit, you can also add 2 detached ADUs up to 1,200 square feet dependent on lot coverage. That could be 3 units! Check with the county to be sure about your project.