101 Shell Drive 108, Watsonville, California 95076, Watsonville, 95076 - 1 bed, 1 bath
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Watsonville, California 95076
This beachfront condominium presents a High-Potential Investment Opportunity, listed at $705,000—positioned well above the $631,887 Fair Market Value by -11%. While the property carries a Fair Condition Rating with dated finishes, its rare, unobstructed panoramic ocean views and direct beach access provide significant long-term value. The unit is fully furnished and permits short-term rentals, making it a viable Asset for Buy-and-Hold Investors or Owner-Occupants seeking a coastal retreat. Despite high association fees, the turnkey nature ensures immediate utility in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 Shell Drive 108 Subject | $705,000* List Price | 1 | 1 | 800 | $790 | - |
A 101 Shell Drive 69 Sold | $875,000 | 2 | 2 | 1,040 | $841 | 0.0 mi |
B 101 Shell Drive 117 Sold | $850,000 | 2 | 2 | 1,040 | $817 | 0.0 mi |
C 101 Shell Drive 227 Pending | $850,000 List Price | 2 | 2 | 1,052 | $808 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, this 26-year-old property is well-maintained and move-in ready, but the kitchen and bathroom feature dated original finishes, including white appliances and basic cabinetry. It meets the 'Fair' criteria due to being over 20 years old without a recent major renovation.
This ground-level unit offers rare, direct beach access from the private patio, providing an unparalleled 'on the sand' living experience within the exclusive Pajaro Dunes community.
The property comes fully furnished and move-in ready with short-term rentals permitted, offering immediate income potential or a hassle-free secondary residence for coastal enthusiasts.
Residents enjoy a secure gated environment with premium amenities including tennis courts, EV charging stations, and beautifully landscaped grounds situated between Monterey and Santa Cruz.
The association fee of $2,618 represents a significant recurring carrying cost that may impact the overall net ROI for investors and monthly affordability for buyers.
The assigned elementary and middle schools have low performance ratings (2/10 and 3/10), which may deter long-term owner-occupants with school-aged children.
Light, bright, and charming ground level, 1-bedroom, 1-bath condo on the sand in the gated community of Pajaro Dunes. Pride of ownership shines throughout this condo which has been loved and cared for by the same family for 50 years. Positioned perfectly within the privacy of the dunes, natural light fills this home even on cloudy days. With direct beach access right from your patio, it offers comfort and convenience. There is plenty of room for all of your beach toys and supplies with your own walk-in, outside storage closet. Pajaro Dunes sits between Monterey Bay and Santa Cruz and offers all the amenities necessary for the ultimate beach home experience. Gated entry, beautifully landscaped grounds, a gift shop, tennis courts, EV charging stations, and miles of pristine beach surround the development. This unit is move-in ready, comes fully furnished and is ready to use! Although this condo has never been used as a vacation rental, short-term rentals are permitted in Pajaro Dunes. Just unpack & unwind!
No exterior & parking available.
Grades K-5 • 3.8 mi
Grades K-6 • 8.3 mi
Grades 6-8 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 800 | 1,040 |
| Lot Size | - | 936.5 |
| Price | $705.0K | $863.2K |
| Price per sq ft | $881 | $813 |
| Built year | 1998 | 1973 |
| HOA | $2618.0 | $844 |
| Days on market | 40 | 100 |
Jun 12, 2026
$705,000
Initial Listing