0 Sonoma Ave & Terrace St, Seaside, CA 93955
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
0 Sonoma Ave & Terrace St,Seaside, CA 93955
$599,900
- 0.2 Acres
- Lots / Land
- Active
Listed by: steve mohseni
Office: compass925-257-0305
MLS#:41135800
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$599,900
About this home
Tax-Free QOZ (Qualified Opportunity Zone) Eligible Investment - Seaside Vacant Lot Multi-family - APN 012-272-046 & 012-272-047 Two premium lots in Seaside, combined at 1/5 acre (8,853 square feet) in RM zoning located in a prime location, with capacity to build at a ratio of 30 units per one acre as per Seaside Planning Department. The two adjacent parcels are sitting on the corner of Sonoma Avenue and Terrace Street with a view of the Carmel Valley and the Monterey Bay, ideal for a new multi-unit development & investment or simply an ideal place to build your dream home. This location also offers an incredible opportunity to potentially benefit from the new 2025 sweeping tax reform (OBBBA) and its tax incentives as this location falls within the QOZ 1.0 (Qualified Opportunity Zone) area. Take advantage of this tax law, harvest capital gain tax deferment and exclusion resulting from development at this location. The preliminary evaluation suggests that a new development for a total of 3,984 square feet can be built. This can be configured as a 4-unit townhome style community with 2 three-bedroom, 2.5 bathroom, 2-car garages with 1,150sf each; in addition to 2 two-bedroom, 1.5 bathroom, 1-car garage with 840 sf each, one being designated as an affordable housing unit. Buyer to verify above with city of Seaside....
Contact an agent
Home facts
- Subdivision & Development:Other
- Listing ID #:41135800
- Added:115 day(s) ago
- Updated:September 22, 2026 at 02:36 PM
Structure and exterior
- Lot area:0.2 Acres
- Lot Features:Corner Lot, Premium Lot
- Architectural Style:Unimproved Land
- Exterior Features:Corner Lot, Premium Lot
Finances and disclosures
- Price:$599,900
New listings near 0 Sonoma Ave & Terrace St
- New
$1,069,000Active3 beds 2 baths1,436 sq. ft.1565 Mira Mar Avenue, Seaside, CA 93955
MLS# ML82061888Listed by: REMAX PROPERTY EXPERTS - New
$799,999Active2 beds 1 baths920 sq. ft.1177 Birch Avenue, Seaside, CA 93955
MLS# ML82061873Listed by: KW COASTAL ESTATES - New
$849,000Active4 beds 2 baths1,329 sq. ft.1730 Waring Street, Seaside, CA 93955
MLS# ML82061314Listed by: EXP REALTY OF CALIFORNIA INC - Open Sat, 1 to 3pmNew
$129,000Active1 beds 1 baths399 sq. ft.835 Kimball Avenue, SEASIDE, CA 93955
MLS# 82060433Listed by: KW COASTAL ESTATES
$729,000Pending2 beds 1 baths932 sq. ft.370 Amador Avenue, Seaside, CA 93955
MLS# ML82060698Listed by: TOWN'N COUNTRY REALTY
$129,000Active1 beds 1 baths399 sq. ft.835 Kimball Avenue #2, Seaside, CA 93955
MLS# ML82060433Listed by: KW COASTAL ESTATES
$998,000Active3 beds 2 baths1,794 sq. ft.1184 Barbara Court, Seaside, CA 93955
MLS# 82060343Listed by: KELLER WILLIAMS REALTY
$2,295,000Active4 beds 4 baths3,338 sq. ft.2690 Bay View Drive, Seaside, CA 93955
MLS# 41146956Listed by: TRULY REAL ESTATE
$725,000Active3 beds 1 baths1,092 sq. ft.1610 Soto Street, Seaside, CA 93955
MLS# ML82059693Listed by: EXP REALTY OF CALIFORNIA INC
$665,000Active2 beds 1 baths765 sq. ft.1696 Laguna Street, Seaside, CA 93955
MLS# ML82059703Listed by: SOTHEBY'S INTERNATIONAL REALTY