
Watsonville, California 95076
This Renovated Adult Village Home is a Strong Value Opportunity, listed at $599,000—positioned well below the $641,726 Fair Market Value by 6%. This valuation gap offers $42,726 in Instant Equity for buyers. Boasting a Good Condition Rating, the residence features a remodeled kitchen, updated primary bath, and a newer roof on a premium corner lot with hill views. Located near local amenities, this turnkey property is an ideal acquisition for Downsizers or Buy-and-Hold Investors targeting the senior housing market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 501 Tuttle Avenue Subject | $549,000* List Price | 2 | 2 | 1,122 | $489 | - |
A 569 Cedar Drive Sold | $525,000 | 2 | 1 | 877 | $599 | 0.1 mi |
B 601 Cedar Drive Sold | $680,000 | 3 | 2 | 1,322 | $514 | 0.1 mi |
C 535 Joyce Drive Sold | $700,000 | 2 | 2 | 1,337 | $524 | 0.2 mi |
D 807 Delta Way Sold | $665,000 | 2 | 2 | 1,276 | $521 | 0.2 mi |
E 643 Peartree Drive Sold | $712,000 | 2 | 2 | 1,286 | $554 | 0.2 mi |
F 415 Spruce Circle Sold | $475,000 | 2 | 1 | 913 | $520 | 0.1 mi |
G 486 Joyce Drive Active | $649,000 List Price | 2 | 2 | 1,057 | $614 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1976, the property has undergone significant renovations including a beautifully remodeled kitchen with modern cabinetry and stainless steel appliances, and an updated primary bathroom with a contemporary walk-in shower. The inclusion of a newer roof, recessed lighting, and updated flooring makes the home move-in ready, fitting the criteria for a well-maintained property with renovations likely performed within the 5-15 year range.
The property is move-in ready with significant upgrades, including a beautifully remodeled kitchen, an updated primary bathroom, and a newer roof, reducing immediate maintenance costs for the buyer.
Situated on a desirable corner lot, the home offers a generous yard with mature magnolia and olive trees, providing enhanced privacy and superior outdoor living space compared to standard lots in the area.
While occupancy is restricted to 55+, the ability for any age group to purchase the property makes it a flexible investment opportunity for those looking to enter the senior housing rental market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The 55+ age requirement for residents significantly limits the potential pool of occupants and future buyers, excluding younger families and professionals.
The property has undergone multiple price reductions from its original $675,000 list price, which may indicate a disconnect with current market demand or initial overvaluation.
SELLER TO CREDIT BUYER $5,000 for rate buy down or closing costs at successful close of escrow. Welcome to 501 Tuttle Ave, a charming Watsonville, Adult Village (55+) home that blends comfort, thoughtful updates, and a delightful corner-lot presence with plenty of space to enjoy. Inside you'll find a beautifully remodeled kitchen, updated primary bath, while a bright living area flows naturally into spacious rooms that invite both relaxation and everyday living. Situated on a desirable corner lot with a generous yard and newer roof, this property makes outdoor living easy whether you're gardening, entertaining, or simply unwinding in the sunshine. MOVE-IN ready. A versatile bonus room/sunroom adds extra flexibility for a home office, hobby space, or cozy reading area making this home work for your lifestyle. Come home and relax in your beautiful oversized lot while you soak up the sun and enjoy your magnolia and olive tree. Conveniently located in a welcoming Watsonville neighborhood near shops and restaurants, with views of the hills from the front porch, this home offers both comfort and opportunity ready to be loved by its next owner.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,122 | 1,459 | 17% |
| Lot Size | 4,617 | 10,106 | 17% |
| Price | $549.0K | $850.0K | 11% |
| Price per sq ft | $489 | $578 | 27% |
| Built year | 1976 | 1975 | 53% |
| HOA | $150.0 | $0 | 91% |
| Days on market | 107 | 135 | 40% |
May 6, 2026
$549,000
$599,000
-8% Price Drop
Initial Listing
Mar 21, 2026
$599,000
$649,888
-8% Price Drop
Initial Listing
Mar 11, 2026
$649,888
$675,000
-4% Price Drop
Initial Listing
Feb 26, 2026
$675,000
Initial Listing
Apr 13, 2018
$430,000
Public Record
Sep 14, 2012
$244,000
Public Record
Apr 2, 2004
$285,000
Public Record
Jun 30, 1999
$138,000
Public Record