"The opportunity to own a Pacific Ocean-connected lagoon with three well-maintained broadcast towers ... with a unique, historic, operating heritage radio station that could and should be a tourist attraction."
"Silicon Valley billionaires are buying out the millionaires. In this area, tiny beach bungalow homes on postage stamp lots are going for five million dollars cash immediately with multiple offers."
"This listing includes approximately one acre of mostly flat waterfront land with possible development potential, a 5,000-square-foot building, a two-car detached garage, separate housing for a diesel generator, plus a concrete parking lot, patio and concrete bomb shelter, plus three working radio towers."
A unique 2300 Portola Drive property in Santa Cruz is listed for $8.9 million by owner Michael Zwerling, who operates AM radio stations KSCO and KOMY. The one-acre oceanfront parcel includes both fully equipped radio stations, three working broadcast towers, a 5,000-square-foot building, garage, generator housing, parking lot, patio, and concrete bomb shelter. Located along Corcoran Lagoon with private Pacific Ocean access and proximity to Santa Maria and Sunny Cove beaches, the property sits in one of Santa Cruz's most desirable areas. Tech industry investment has dramatically increased regional real estate values, with median home prices reaching $1.05 million as of January 2026, up from $637,000 in 2015. Zwerling describes the offering as a rare opportunity combining a historic operating heritage radio station with unique waterfront development potential.
Read at SFGATE
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