0 Sonoma Ave & Terrace St, Seaside, CA 93955

Local realty services provided by:CENTURY 21 Sierra Properties
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...

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Home facts

  • Listing ID #:41135800
  • Added:4 day(s) ago
  • Updated:June 03, 2026 at 02:29 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
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at June 3, 2026 CA_BRIDGEMLS Member Broker: Jesse Gibbs