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California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including 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

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Home / Seaside / Sonoma Ave & Terrace St
Sonoma Ave & Terrace St Seaside, CA 93955 Sonoma Ave & Terrace St Seaside, CA 93955 Sonoma Ave & Terrace St Seaside, CA 93955 Sonoma Ave & Terrace St Seaside, CA 93955 Sonoma Ave & Terrace St Seaside, CA 93955 Sonoma Ave & Terrace St Seaside, CA 93955 Sonoma Ave & Terrace St Seaside, CA 93955 Sonoma Ave & Terrace St Seaside, CA 93955 Sonoma Ave & Terrace St Seaside, CA 93955 Sonoma Ave & Terrace St Seaside, CA 93955 Sonoma Ave & Terrace St Seaside, CA 93955 Sonoma Ave & Terrace St Seaside, CA 93955 Sonoma Ave & Terrace St Seaside, CA 93955 Sonoma Ave & Terrace St Seaside, CA 93955 Sonoma Ave & Terrace St Seaside, CA 93955 Sonoma Ave & Terrace St Seaside, CA 93955 View All Photos

$599,900

| Active

Sonoma Ave & Terrace St

Seaside, CA 93955

0.20
Acres
110
Days on Market
41135800
MLS#
Land
Structure
Residential
Zone
Contact
Listing OfficeCompass

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.

Property Details
View
Bay,City Lights,Valley
Lot Features
Corner Lot
Lot Description
Corner Lot
Acres
0.203
Lot Size (sqft)
8853.0
Parking Spaces
0.0
Property Type
Purchase
Subdivision
Other
County
Monterey
Region
Seaside
Zoning
RM - Multi
Original List Price
$599,900
Days on Market (Cumulative)
110
MLS #
41135800
Property Subtype
Land
Parcel Number
012272047000
MLS #
41135800
Date Listed
May 26, 2026
Address
Sonoma Ave & Terrace St
Location
Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including 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

Provided By
Listed by Steve Mohseni (#CCBE-206516652)
Listing Office: Compass (#CCBE-SHGM18)

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