176 Montebello Drive, Watsonville, California 95076, Watsonville, 95076 - 3 bed, 3 bath
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Watsonville, California 95076
This Prime Investment Opportunity is a 3-bedroom townhouse listed at $629,000, positioned well below the $642,586 Fair Market Value by 2%. This valuation gap offers $13,586 in Instant Equity. Featuring a tropical-inspired garden, private deck, and No HOA dues, the property maintains a Condition Rating of 4. While the interior reflects a dated aesthetic, recent structural upgrades like a newer roof and dual-pane windows provide a solid foundation. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 176 Montebello Drive Subject | $629,000* List Price | 3 | 3 | 1,326 | $485 | - |
A 176 Terry Loop Sold | $629,000 | 3 | 3 | 1,320 | $477 | 0.2 mi |
B 1060 Sunbird Drive Sold | $670,000 | 2 | 3 | 1,351 | $496 | 1.0 mi |
C 1031 Santa Rosa Court Sold | $620,000 | 2 | 2 | 1,038 | $597 | 0.9 mi |
D 176 Crestview Court Sold | $595,000 | 2 | 2 | 1,248 | $477 | 0.9 mi |
E 444 Sherwood Court Pending | $525,000 List Price | 2 | 3 | 1,152 | $456 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1986 (38 years old). While it features excellent maintenance updates including new flooring (2023), a newer roof (2016), and dual-pane windows (2016), the kitchen and bathrooms remain dated with older cabinetry, fluorescent light boxes, and vintage vanities that exceed the 20-year threshold for modern updates.
A rare find for a townhouse, the absence of HOA fees significantly reduces monthly carrying costs and provides the owner with greater autonomy over the property.
The property features significant capital improvements, including a newer roof, dual-pane windows, and 2023 flooring, offering peace of mind and reduced immediate maintenance expenses.
The lush, tropical-inspired garden and outdoor decking provide a high-quality private retreat for relaxation and entertaining that exceeds typical townhouse outdoor spaces.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The listing explicitly notes that the software-generated floor plan square footage is incorrect, which may create uncertainty for buyers regarding the actual living area.
As a townhouse, the property involves shared walls with neighbors, which can limit privacy and noise insulation compared to a detached single-family home.
Lush tropical inspired garden welcomes you to this 3 bedroom, 2.5 bath unique townhouse. There's a beautiful backyard with flowering plants and No HOA dues! The first floor offers an open floor plan with a spacious living area, kitchen and dining area and a powder room. The slider leads to the outside decking, a perfect place to relax and entertain. On the upper level you'll find the primary suite and two other guest rooms. The primary suite offers its own bath and a walk in closet. There is a second Jack and Jill full bath between the two guest rooms. The 2-Car Garage can be accessed off the kitchen, ideal for those busy shopping days. Updates the Seller has made includes: New Refrigerator (2022), New flooring (2023), Kitchen Stove & Garbage Disposal (2019), Termite Work and Exterior painted (2020), Installation of a new sliding glass door and 7 dual pane windows (2016), and the roof was replaced ( appx 2016 to 2018). Note: Floor plan was created through a software program to illustrate the layout of the home, the actual square feet represented is not correct. The square footage in this listing reflects public record.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,326 | 1,416 | 33% |
| Lot Size | - | 435 | 47% |
| Price | $629.0K | $755.0K | 33% |
| Price per sq ft | $474 | $496 | 33% |
| Built year | 1986 | 1986 | 50% |
| HOA | $0 | $360 | 7% |
| Days on market | 30 | 162 | 13% |
May 7, 2026
$629,000
Initial Listing
Aug 26, 2010
$230,000
Public Record