160 Cutter Drive, Watsonville, California 95076, Watsonville, 95076 - 3 bed, 2 bath
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Watsonville, California 95076
This property presents a High-Potential Investment Opportunity with a List Price of $920,000—positioned well above the $838,205 Fair Market Value by -9%. While the property requires significant capital for a full interior overhaul due to its Condition Rating of 5, the expansive 7,928 sqft lot in a neighborhood of million-dollar homes provides a strong foundation for value-add renovations. This asset is ideal for Fix-and-Flip Investors or Contractors seeking to capitalize on the prestige of the Watsonville market.
Property is extensive renovation needed.
Built in 1961 (63 years old) with no mention of renovations, this property exceeds the 30-50 year threshold for major rehab. The listing explicitly states the property 'needs work,' and the exterior image shows significant neglect and overgrown landscaping, indicating likely outdated systems and a need for a full interior overhaul.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7928, living area = 1436.
Situated on one of Watsonville's most sought-after streets near Kelly Lake, the property is surrounded by million-dollar homes, ensuring long-term value and neighborhood prestige.
As a fixer-upper in a high-value area, this property offers a prime opportunity for investors or buyers to build substantial sweat equity through strategic renovations.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The property is explicitly noted as needing work, which will require a significant additional capital investment and time for repairs and modernization.
Built in 1961, the home likely features original systems and finishes that may not meet modern efficiency standards or contemporary buyer expectations without a full overhaul.
Welcome to Cutter Drive one of the most sought-after street in Watsonville. You have a 4 bedroom, 2 bath , 1436 square foot home on a 7928 lot. Attach 2 car garage and off street parking. Close to Kelly Lake. The property needs work, but it is a area of million dollar homes. Close to St Francis High School (private). Easy access to highway 1, 101 and 129,
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,436 | 1,139.5 |
| Lot Size | 7,928 | 7,144 |
| Price | $920.0K | $810.5K |
| Price per sq ft | $641 | $609 |
| Built year | 1961 | 1955 |
| HOA | $0 | $530 |
| Days on market | 7 | 51 |
Jul 15, 2026
$920,000
Initial Listing
Sep 30, 2008
$379,900
Public Record