
Watsonville, California 95076
This property presents a High-Potential Investment Opportunity with a List Price of $675,000—positioned well below the $810,972 Fair Market Value by 16%. This valuation gap offers $135,972 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home requires modernization, yet its 11,631 sq. ft. lot and scenic rural views provide significant upside for expansion or ADU development. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 215 Manfre Road Subject | $675,000* List Price | 3 | 1 | 1,122 | $723 | - |
A 290 Zurich Sold | $782,500 | 4 | 2 | 1,220 | $641 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this property is well-maintained but significantly dated. While it features some newer laminate flooring and carpet, the linoleum in the dining area and original wood-paneled ceilings suggest that the kitchen, bathroom, and major systems are likely over 20-30 years old and require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11631, living area = 1122.
The generous 11,631 sq. ft. lot provides significant privacy and ample space for gardening, outdoor entertaining, or potential property expansion and ADU development.
The property offers peaceful, picturesque views of rolling hills and grazing livestock, providing a serene country atmosphere while remaining conveniently close to city amenities.
With only one bathroom serving three bedrooms, the home's configuration may be a significant drawback for families or those seeking modern convenience.
At 1,122 square feet, the interior living space is relatively compact for a three-bedroom residence, which may feel restrictive for buyers accustomed to larger modern floor plans.
Classic and comfortable Watsonville home with views!!! Tucked away on an expansive lot, approximately 11,631 sq. ft., this clean and well maintained 3 bedroom, 1 bath home offers functionality and peaceful country style views. The attached garage has been freshly finished and provides added convenience and storage which makes everyday living easy. Step out onto the back deck and enjoy serene views of rolling hills, grazing cows and horses, a peaceful backdrop that creates a relaxing, rural atmosphere while still being close to town amenities. The oversized lot offers plenty of room for gardening, entertaining, expansion potential, or simply enjoying the open space. It's like a canvas waiting to be painted!! A wonderful opportunity to own a home with scenic surroundings, a large lot and endless possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 1,122 | 1,459 | 17% |
| Lot Size | 11,631 | 10,803 | 53% |
| Price | $675.0K | $850.0K | 23% |
| Price per sq ft | $602 | $588 | 56% |
| Built year | 1964 | 1975 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 136 | 3% |
May 7, 2026
$675,000
Initial Listing
Feb 28, 2020
$480,000
Public Record