101 Shell Drive 111, Watsonville, California 95076, Watsonville, 95076 - 2 bed, 2 bath
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Watsonville, California 95076
This High-Potential Investment Opportunity is listed at a List Price of $789,000, positioned well below the $816,835 Fair Market Value by 3%. This valuation gap provides $27,835 in Instant Equity. Featuring a Condition Rating of 4, the unit offers a solid foundation for cosmetic updates to modernize its 1973 finishes. With vacation rental potential and resort-style amenities like pickleball and tennis, this property is an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking a coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 Shell Drive 111 Subject | $789,000* List Price | 2 | 2 | 1,040 | $785 | - |
A 101 Shell Drive 117 Sold | $850,000 | 2 | 2 | 1,040 | $817 | 0.0 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 108 Active | $705,000 List Price | 1 | 1 | 800 | $881 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this property is well-maintained but clearly dated. The presence of popcorn ceilings, older baseboard heating units, and a kitchen with older cabinetry and countertops indicates the finishes are likely over 20 years old. While functional and move-in ready, it requires cosmetic updates to meet modern standards.
Located in the Pajaro Dunes community, this ground-floor unit provides effortless, immediate access to miles of pristine sandy beaches and scenic nature trails.
The property features extensive community amenities including pickleball and tennis courts, a community center, and a tranquil environment ideal for active coastal living.
With vacation rental opportunities permitted, this well-maintained condominium serves as a flexible asset for use as a primary residence, weekend retreat, or income-generating property.
The monthly association fee of $2,618 is significantly high, which may impact the buyer's debt-to-income ratio and overall investment yield.
The unit offers only 'peek-a-boo' ocean views rather than full panoramic vistas, which may be a drawback for buyers prioritizing direct waterfront visibility.
Your beach home awaits at Shorebirds in Pajaro Dunes, where coastal living meets endless recreation. Perfectly situated from miles of pristine sandy beaches, this beautifully maintained ground-floor, 2-bedroom, 2-bathroom condominium offers effortless access to the shoreline and all the community has to offer. Enjoy peek-a-boo ocean views from the living room while relaxing to the soothing sounds of the waves. Meticulously maintained by the same owner since 1990, this well-cared-for home offers comfortable single-level living, making it an ideal full-time residence, weekend retreat, or investment property. Outstanding amenities include pickleball and tennis courts, scenic nature trails, a community center, and vacation rental opportunities. Spend your days exploring the natural beauty of the Monterey Bay coastline, or simply unwinding in your own coastal retreat.
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 | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,040 | 1,040 |
| Lot Size | - | 936.5 |
| Price | $789.0K | $863.2K |
| Price per sq ft | $759 | $813 |
| Built year | 1973 | 1973 |
| HOA | $2618.0 | $844 |
| Days on market | 19 | 100 |
Jul 3, 2026
$789,000
Initial Listing