101 Shell Drive 172, Watsonville, California 95076, Watsonville, 95076 - 2 bed, 2 bath
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101 Shell Drive 172
Watsonville, California 95076
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,052Sq Ft
958Lot Size
Property Price
LIST PRICE$765,000
EST. MARKET VALUE
$811,836
5% BelowMARKET VALUE
SUMMARY
This beachfront Condominium represents a Strong Value Opportunity, listed at $765,000—positioned well below the $816,086 Fair Market Value by 6%. This valuation gap offers $51,086 in Instant Equity. Featuring a Condition Rating of 4, the property offers a turnkey, fully furnished lifestyle with panoramic ocean views and a private deck. While association fees are notable, the pet-friendly policy and prime location make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal retreat.
Estimated Market Value
$811,836+$46,836 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Watsonville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 Shell Drive 172 Subject | $765,000* List Price | 2 | 2 | 1,052 | $772 | - |
A 101 Shell Drive 111 Sold | $789,000 | 2 | 2 | 1,040 | $759 | 0.1 mi |
B 101 Shell Drive 227 Sold | $880,000 | 2 | 2 | 1,052 | $837 | 0.1 mi |
C 101 Shell Drive 69 Sold | $875,000 | 2 | 2 | 1,040 | $841 | 0.1 mi |
D 101 Shell Drive 117 Sold | $850,000 | 2 | 2 | 1,040 | $817 | 0.1 mi |
E 101 Shell Drive 108 Active | $705,000 List Price | 1 | 1 | 800 | $881 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1974, this property is well-maintained and move-in ready but shows its age with dated features such as popcorn ceilings and an older kitchen style. It fits the criteria for being over 20 years old and requiring minor cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Beachfront Location
Located in the Shorebirds at Pajaro Dunes, this property offers immediate access to miles of sandy beach and a variety of outdoor activities including pickleball, tennis, and surfing.
- Turnkey and Fully Furnished
The condo is sold fully furnished and has been well-maintained, offering a seamless move-in experience or an immediate vacation rental opportunity.
- Pet-Friendly Policy
Unlike many coastal condominium complexes, this community allows owner pets, making it a highly desirable option for buyers with animals.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly association fee of $2,500 is exceptionally high, which significantly increases the total cost of ownership and may impact buyer financing eligibility.
- Property Age and Maintenance
Built in 1974, the property may require updates to its aging infrastructure, and coastal elements often necessitate more frequent and costly maintenance.
About 101 Shell Drive 172
BEACH FRONT LOCATION at Shorebirds, Pajaro Dunes. A cherished and well maintained family escape. Enjoy pickleball, tennis, fishing, surfing, walking miles of sandy beach on Beautiful Monterey Bay. Comes fully furnished and ready to enjoy. Owner pets are welcome.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 958 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2500.0 / Month
Neighborhood Insights
Watsonville Unified Schools
Landmark Elementary School
Grades K-5 • 3.7 mi
2/10
Valencia Elementary School
Grades K-6 • 8.2 mi
6/10
Rolling Hills Middle School
Grades 6-8 • 4.1 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.6 |
| Baths | 2.0 | 1.6 |
| Square foot | 1,052 | 925 |
| Lot Size | 958 | 745.875 |
| Price | $765.0K | $751.1K |
| Price per sq ft | $727 | $813 |
| Built year | 1974 | 1976 |
| HOA | $2500.0 | $858 |
| Days on market | 44 | 74 |
Pricing History
Listed for Sale
Jul 27, 2026
$765,000
Initial Listing
Sold
Aug 22, 2017
$550,000
Public Record