
Watsonville, California 95076
This Renovated Beachfront Condominium is a High-Potential Investment Opportunity, listed at $725,000—positioned well below the $743,210 Fair Market Value by 2%. This valuation gap offers $18,210 in Instant Equity for buyers. Boasting a Mint Condition Rating after a high-end renovation, the home features panoramic ocean views, a brand-new kitchen, and a private deck. Located in the gated Pajaro Dunes community near Aptos High School, it uniquely requires no vacation rental permit. This turnkey asset is ideal for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 Shell Drive 109 Subject | $725,000* List Price | 1 | 1 | 800 | $929 | - |
A 101 Shell Drive 117 Pending | $798,000 List Price | 2 | 2 | 1,040 | $767 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last 5 years. It features a brand-new kitchen with modern cabinetry and stainless steel appliances, a sleek updated bathroom, new flooring, recessed lighting, and smooth ceilings, placing it in mint condition.
Situated in the exclusive Pajaro Dunes gated community, this ground-level corner unit offers immediate access to the beach path and stunning coastal views, providing a premium oceanfront lifestyle.
The property has been extensively updated with high-end finishes, including a brand-new kitchen, sleek bathroom, stylish flooring, and recessed lighting, eliminating the need for immediate capital improvements.
With no vacation rental permit required and a desirable location between Santa Cruz and Monterey, this unit is ideally positioned as a high-demand short-term rental or private retreat.
The monthly association fee of $2,618 is significantly high, which may impact the overall return on investment and limit the pool of qualified buyers.
Built in 1973, the complex's age may necessitate ongoing maintenance of common areas and potential future special assessments typical of older coastal developments.
Stunning Ground-Level Beachfront Condo in Pajaro Dunes Experience coastal living at its finest in this beautifully renovated one-bedroom, one-bath condo, perfectly situated in the gated beach community of Pajaro Dunes. Nestled between Santa Cruz and Monterey, this oceanfront retreat offers an unbeatable location for a private getaway, investment property, or full-time beachside livingno vacation rental permit required! Recently updated with modern, high-end finishes, this unit boasts a brand-new kitchen, sleek bathroom, stylish flooring, smooth ceilings, recessed lighting, and more. Designed for ultimate convenience, this ground-level home has no stairs, allowing for easy access. Its prime corner location puts you right next to the beach path, providing immediate access to the longest beach in the countyperfect for morning walks, sunset strolls, or simply enjoying the soothing sound of the waves. Immerse yourself in the tranquility of nature, with ocean breezes, local wildlife, and breathtaking coastal views just outside your door. This hidden gem is one of Monterey Bays best-kept secretsand now, it can be yours. Dont miss this rare opportunity to own a slice of paradise!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 20% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 800 | 1,046 | 20% |
| Lot Size | - | - | 50% |
| Price | $725.0K | $737.5K | 50% |
| Price per sq ft | $906 | $799 | 60% |
| Built year | 1973 | 1973 | 50% |
| HOA | $2618.0 | $2.2K | 80% |
| Days on market | 5 | 226 | 10% |
Apr 17, 2026
$725,000
Initial Listing
Oct 2, 1997
$205,000
Public Record