The Seascape Resort is a rare property along the California coast. It is a "condo-tel" (a cross between a condominium complex and a hotel) where individual units can be owned privately, but by Santa Cruz county code can only be occupied by the owners (or any one tenant) for no more than 90 days per year. The rest of the year, the units can be rented out, either by the Seascape Resort organization or by the individual owners on a web site like VRBO.com or AirBnb.
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