2904 Freedom Boulevard , Corralitos, CA 95076
$3,200,000
Est. Payment: $17,455.03/mo
9015 Sqft
1.92 Acres
Status: Active Under Contract | Days on site: 51
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ML39753 - ML498565
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House Description

Iconic and historic investment opportunity on nearly 2 acres of level land in thriving Corralitos. Fondly known since the 1850s as the "Five Mile House" a prominent former tavern and stagecoach stop this versatile commercial property blends steady holding income with immense development upside. The site currently hosts an eclectic, established mix of 10+ food, health, and service tenants providing an immediate, reliable income stream from day one. For the forward-thinking developer or entrepreneur, the true prize lies in the rear of the property: approximately 40,000 sq. ft. of flat, undeveloped land. Flexible Commercial zoning allows for a wide array of development options. As this area of Corralitos rapidly gains popularity as a vibrant hub for businesses, services, and entertainment, this premier location is primed for expansion. Bring your vision to maximize the untapped potential of this unique, underutilized community landmark. The possibilities here are truly limitless!

Highlights

Listed by Paul Zech , 831-247-3007 Coldwell Banker Realty , (831) 688-6461. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
1.92

Year Built

1931

County

Santa Cruz

Area

699 - Not Defined

Listing ID

ML82053332

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:58
Zoning:C-1
Roof:Tar/Gravel
Principal Interest
$17,455
Taxes
$4,051

Home Price

$3,200,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$640,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$17,455.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $17,455.03 $4,051.42 $0.00 $21,506.45
Yearly $209,460.38 $48,617.00 $0.00 $258,077.38
Total $6,283,811.42 $1,458,510.00 $0.00 $7,742,321.42

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Current Listings

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Corralitos, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-04T23:12:49.000Z

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