Sunshine Village
2220 Chanticleer Ave, Santa Cruz, CA
Price: $10,800,000
Size: 16 units

2220 Chanticleer Avenue is a well-maintained 16-unit townhome community in the highly desirable coastal city of Santa Cruz, offering a rare opportunity to acquire a newer-construction asset with a substantial land component just 1.5 miles from the beach.

Spring Village is a 16-unit multifamily asset with a unit mix consisting of (1) four-bedroom / two-bathroom townhouse, (3) three-bedroom / two-bathroom townhouses, (2) two-bedroom / two-bathroom townhouses with lofts, and (10) two-bedroom / two-bathroom townhouses, totaling an expansive 76,665-square-foot (1.76-acre) parcel. The property offers spacious two-story floor plans, private yards, in-unit laundry, ample on-site parking, central heating and A/C, and convenient bicycle access to the beaches of Santa Cruz. Nestled within a quiet, predominantly single-family residential neighborhood, Spring Village provides residents with a peaceful living environment while maintaining proximity to employment centers, retail amenities, and coastal destinations.

Ideally positioned between Silicon Valley and Monterey Bay, Santa Cruz offers convenient access to major employment hubs while providing a relaxed, coastal lifestyle. Residents also enjoy proximity to local beaches, parks, dining, and recreational attractions, blending everyday convenience with an unmatched coastal setting. With a median home sale price exceeding $1.4 million as of May 2026, homeownership remains out of reach for many residents, supporting a deep and stable renter pool for well-located multifamily assets like Spring Village.

Location and Property Highlights

  • Rare opportunity to acquire a highly sought-after 16-unit multifamily community comprised entirely of spacious, two-story townhome-style residences with a true neighborhood feel.

  • Situated on a large 1.76-acre parcel with generous open space, offering potential for the development of additional units, subject to buyer verification and approvals.

  • Built in 1998 by a respected local family developer, offering modern construction and thoughtful design.

  • Exceptionally large units averaging more than 1,100 square feet each*, all equipped with private in-unit laundry, central heating, and air conditioning.

  • Ample on-site parking averaging more than three spaces per unit.

  • Every residence features its own fully enclosed private yard, providing valuable outdoor living space for relaxation, entertaining, pets, and families.

  • Minutes from Highways 1 and 17 for easy travel throughout Santa Cruz County and Silicon Valley.

  • Close to major retailers including Safeway, Trader Joe's, Whole Foods Market, Costco, Target, and Capitola Mall for quick and convenient shopping.

  • Surrounded by a wide selection of restaurants, cafés, breweries, and local favorites in Soquel, Capitola, and Midtown Santa Cruz.

  • Short drive or bike ride to Pleasure Point, Capitola Beach, Seabright Beach, and Twin Lakes State Beach, with year-round surfing, swimming, and coastal recreation.

  • Near DeLaveaga Park, Arana Gulch, and numerous hiking and biking trails, plus minutes from Downtown Santa Cruz, the Beach Boardwalk, live music venues, movie theaters, and community events throughout the year.

* Buyer to verify

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