501 Cedar Drive, Watsonville, California 95076, Watsonville, 95076 - 2 bed, 2 bath
501 Cedar Drive
Watsonville, California 95076
Property Price
SUMMARY
Analysis of 501 Cedar Drive, Watsonville, California 95076 reveals a property with a current list price of $640,000, which is 3% above the estimated $616,733 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Watsonville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 501 Cedar Drive Subject | $640,000* List Price | 2 | 2 | 1,054 | $585 | - |
A 759 Bronte Avenue Sold | $670,000 | 2 | 2 | 1,378 | $486 | 0.3 mi |
B 643 Peartree Drive Sold | $712,000 | 2 | 2 | 1,286 | $554 | 0.1 mi |
C 573 Cedar Drive Sold | $550,000 | 2 | 1 | 1,210 | $455 | 0.1 mi |
D 33 Roosevelt Street Sold | $690,000 | 2 | 1 | 1,238 | $557 | 0.9 mi |
E 501 Tuttle Avenue Active | $675,000 List Price | 2 | 2 | 1,122 | $602 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone a complete floor-to-ceiling renovation within the last 5 years, featuring new Milgard windows, vinyl plank flooring, and new bedroom carpeting. The kitchen is fully updated with modern quartz countertops and new stainless-steel appliances, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovations
The home has been completely updated from floor to ceiling with modern vinyl plank flooring, quartz countertops, and new stainless-steel appliances, offering a move-in-ready experience for the buyer.
- Desirable Corner Lot
Situated on a 4,356-square-foot corner lot, the property provides extra outdoor space, a storage shed, and enhanced privacy compared to standard interior lots.
- Energy Efficiency Upgrades
The installation of new Milgard windows throughout the home ensures better insulation and natural light, contributing to lower utility costs and a bright, cheery interior atmosphere.
CONSRISKS & DEFICIENCIES
- Age-Restricted Demographic
As part of a 55+ community, the property has a restricted buyer pool, which limits marketability to younger families and may impact long-term resale speed.
- Limited Parking and Storage
With only a one-car garage that also houses the laundry facilities, storage space and parking for multi-vehicle households are notably constrained.
About 501 Cedar Drive
Reduced Price! Welcome to this charming home in the 55+ community in Watsonville, offering a comfortable living experience with 1,054 square feet of space. This residence features two bedrooms and one full and a half bathroom, providing a cozy yet functional layout. Home is completely renovated from ceiling to floors with vinyl plank flooring in living/dining area and Kitchen with new carpet in bedrooms. new Milgard windows provide for a bright cheery home. The kitchen is a highlight, boasting elegant quartz countertops and new stainless-steel appliances that enhance both style and durability. The living room includes a dining area, making it an ideal space for entertaining or enjoying family meals. Warm up on chilly evenings by the inviting fireplace, creating a cozy atmosphere for relaxation. The Laundry facilities are conveniently located in the garage, which also offers one car space. The property is situated on a corner with a minimum lot size of 4,356 square feet, offering potential for outdoor enjoyment or gardening including a shed. Close to shopping, parks and walking trails this home is a wonderful opportunity to embrace the Watsonville lifestyle. Don't let this one slip by!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $35.0 / Month
Neighborhood Insights
Watsonville Unified Schools
Ann Soldo Elementary School
Grades K-5 • 0.5 mi
Lakeview Middle School
Grades 6-8 • 1.3 mi
Watsonville High School
Grades 9-12 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,054 | 1,569.5 | 9% |
| Lot Size | 4,356 | 10,890 | 12% |
| Price | $640.0K | $881.0K | 13% |
| Price per sq ft | $607 | $556 | 65% |
| Built year | 1975 | 1976 | 47% |
| HOA | $35.0 | $0 | 77% |
| Days on market | 108 | 191 | 14% |
Pricing History
Listed for Sale
Feb 10, 2026
$640,000
$650,000
-2% Price Drop
Initial Listing
Price Change
Dec 17, 2025
$650,000
$660,000
-2% Price Drop
Initial Listing
Price Change
Nov 19, 2025
$660,000
Initial Listing
Sold
Apr 17, 2018
$437,000
Public Record
Sold
Jun 17, 2016
$373,000
Public Record
Sold
Feb 12, 2016
$240,000
Public Record