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$1,249,000
EST. MARKET VALUE
$1,249,000
SUMMARY
This Turnkey Lakeside Retreat is a High-Potential Investment Opportunity, listed at $1,249,000, which aligns perfectly with its $1,249,000 Fair Market Value. Featuring a comprehensive high-end remodel, the home boasts a Condition Rating of 2, including a luxury master suite with a private coffee bar and heated tile floors. The expansive 26,441 sqft lot provides a rare, serene panoramic view of Drew Lake. This property offers a sophisticated lifestyle for Luxury Homebuyers or Owner-Occupants seeking a move-in ready waterfront sanctuary.
Estimated Market Value
$1,249,000
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.
Despite being built in 1958, the property has undergone a comprehensive high-end remodel within the last 5 years. The kitchen is fully modernized with stainless steel appliances and stone counters, and the bathrooms feature luxury upgrades including heated tile floors and a walk-in shower. The interior shows mint condition with updated flooring, lighting, and fixtures throughout, requiring no immediate maintenance.
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 and tranquil waterfront lifestyle that significantly enhances its desirability and premium value.
- Luxury Master Suite
The master retreat is exceptionally well-appointed with high-end features including a private fireplace, a dedicated coffee bar, heated tile floors, and a bidet, providing 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.
- Extended Days on Market
With 63 days on the market, the property may be facing liquidity challenges or price resistance within its specific sub-market.
- Vintage Infrastructure
Originally built in 1958, the home may possess aging core systems such as plumbing or electrical that could require future capital expenditure despite the interior cosmetic remodels.
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 | 2.4 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,737 | 1,198.231 |
| Lot Size | 26,441 | 6,133.615 |
| Price | $1.25M | $816.1K |
| Price per sq ft | $719 | $618 |
| Built year | 1958 | 1966 |
| HOA | $0 | $320 |
| Days on market | 75 | 57 |
Pricing History
Listed for Sale
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