136 Cutter Drive, Watsonville, California 95076, Watsonville, 95076 - 3 bed, 3 bath
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136 Cutter Drive
Watsonville, California 95076
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,737Sq Ft
26,441Lot Size
Property Price
LIST PRICE$1,190,000
EST. MARKET VALUE
$1,190,000
SUMMARY
This Lakeside Retreat represents a Strong Value Opportunity, listed at $1,190,000, which aligns with its $1,190,000 Fair Market Value. Featuring a Condition Rating of 2, the home offers a turnkey experience with a remodeled kitchen, heated tile floors, and a luxurious master suite with a private coffee bar. The expansive 26,441 sqft lot provides rare waterfront privacy on Drew Lake. This property balances high-end modern finishes with a serene lifestyle, making it an ideal acquisition for discerning homeowners or lifestyle-focused buyers seeking a premium, move-in ready sanctuary.
Estimated Market Value
$1,190,000
Based on Realkey algorithm analyzing recent comparable sales in Watsonville.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1958, the home features a recent high-end renovation (<5 years) including a beautifully remodeled kitchen with stainless steel appliances, updated hardwood flooring, and luxurious modern bathrooms with premium features like heated tile floors and a walk-in shower.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26441, living area = 1737.
- Lakeside Setting
Situated directly on the serene Drew Lake, this property offers a rare waterfront lifestyle with tranquil views and a peaceful atmosphere that is highly desirable for retreat-style living.
- Luxurious Master Suite
The primary suite is exceptionally well-appointed with high-end features including a private coffee bar, heated tile floors, a bidet, and dual walk-in closets, offering a spa-like experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =26441, other record lot size in square feet = 8276. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Market Stagnation
The property has been on the market for over 90 days and has undergone multiple price reductions, which may lead potential buyers to question the initial valuation or demand for the location.
- Vintage Infrastructure
Built in 1958, the home may possess aging underlying systems such as plumbing or electrical that, despite modern interior cosmetic updates, could require future capital investment.
About 136 Cutter Drive
This spacious three-bedroom, 2.5 bathroom home sits on the serene Drew Lake. It features an open floor plan with a welcoming living room equipped with a cozy fireplace, a beautifully remodeled kitchen, charming dining area and a kitchenette banquette. Two generous guest rooms and a revamped bathroom offer comfort and convenience. The master suite boasts its own fireplace, his and hers walk-in closets, a luxurious remodeled bathroom with a coffee bar (YES coffee bar), walk-in shower, double sinks, heated tile floor and a private lavatory with heated bidet. French doors open to an inviting patio, perfect for relaxation. The large two-car garage includes a convenient half bath, adding extra functionality to this lovely lakeside retreat.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 26,441 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,737 | 1,212.057 |
| Lot Size | 26,441 | 5,911.8 |
| Price | $1.19M | $802.3K |
| Price per sq ft | $685 | $598 |
| Built year | 1958 | 1966 |
| HOA | $0 | $277 |
| Days on market | 120 | 57 |
Pricing History
Listed for Sale
Sep 11, 2026
$1,190,000
$1,249,000
-5% Price Drop
Initial Listing
Price Change
Aug 29, 2026
$1,249,000
$1,299,000
-4% Price Drop
Initial Listing
Price Change
Jun 26, 2026
$1,299,000
Initial Listing
Sold
Nov 29, 2012
$440,500
Public Record