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101 Shell Drive Unit 108, Watsonville, California 95076, Watsonville, 95076 - 1 bed, 1 bath

101 Shell Drive Unit 108, Watsonville, California 95076 home-pic-0
ACTIVE$849,000
101 Shell Drive Unit 108, Watsonville, California 95076
1Bed
1Bath
800Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Beachfront Location: Offers unparalleled direct beach access from the patio and is situated 'on the sand' within the desirable Pajaro Dunes community, nestled between Monterey Bay and Santa Cruz.
Top Cons:
Substantial Monthly Association Fee: The association fee of $2,232.00 per month is exceptionally high, representing a significant ongoing financial commitment for the owner.

Compared to the nearby listings

Price:$849.0K vs avg $750.0K (+$99,000)69%
Size:800 sqft vs avg 962 sqft23%
Price/sqft:$1.1K vs avg $79885%

More Insights

Built in 1998 (27 years old).
Condition: Built in 1998, this condo is 26 years old. While the property appears well-maintained and is described as 'move-in ready,' the kitchen features dated white tiled countertops, white appliances, and simple cabinetry. The bathroom, from what is visible, also appears to be in an older style. The flooring is consistent and in good condition, and systems are functional, but the aesthetic elements of the kitchen and bathroom show signs of being outdated, suggesting they are largely original or from an older renovation. It requires minor updates to meet current design preferences.
Year Built
1998
Close
-
List price
$849K
Original List price
$1.1M
Price/Sqft
$1,061
HOA
$2,232
Days on market
-
Sold On
-
MLS number
ML81924001
Home ConditionFair
Features
Good View:
Patio
View-

About this home

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!

Nearby schools

2/10
Landmark Elementary School
Public,•K-5•3.8mi
6/10
Valencia Elementary School
Public,•K-6•8.3mi
3/10
Rolling Hills Middle School
Public,•6-8•4.2mi
5/10
Aptos Junior High School
Public,•7-8•8.0mi
4/10
Watsonville High School
Public,•9-12•4.8mi
7/10
Aptos High School
Public,•9-12•7.6mi
Condition Rating
Fair
Built in 1998, this condo is 26 years old. While the property appears well-maintained and is described as 'move-in ready,' the kitchen features dated white tiled countertops, white appliances, and simple cabinetry. The bathroom, from what is visible, also appears to be in an older style. The flooring is consistent and in good condition, and systems are functional, but the aesthetic elements of the kitchen and bathroom show signs of being outdated, suggesting they are largely original or from an older renovation. It requires minor updates to meet current design preferences.
Pros & Cons

Pros

Prime Beachfront Location: Offers unparalleled direct beach access from the patio and is situated 'on the sand' within the desirable Pajaro Dunes community, nestled between Monterey Bay and Santa Cruz.
Extensive Community Amenities: Located within a secure, gated community featuring beautifully landscaped grounds, tennis courts, EV charging stations, a gift shop, and miles of pristine beach.
Strong Investment Potential: The property is approved for short-term rentals, offering a significant opportunity for income generation as a vacation rental.
Turnkey & Fully Furnished: Presented as move-in ready and fully furnished, providing immediate usability and convenience for buyers, especially as a second home or rental.
Desirable Ground-Level Unit: A charming ground-level condo that benefits from abundant natural light, enhancing its appeal and accessibility.

Cons

Substantial Monthly Association Fee: The association fee of $2,232.00 per month is exceptionally high, representing a significant ongoing financial commitment for the owner.
Limited Living Space: As a 1-bedroom, 1-bathroom unit with 800 sqft, the property offers limited space, which may restrict its appeal to larger families or those seeking more expansive living areas.
Significant Price Reduction History: The property has undergone a substantial price reduction from its original list price of $1,099,000 to $849,000, which could suggest initial overpricing or challenges in market absorption.

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