
Watsonville, California 95076
This Strong Value Opportunity is a Single Family Residence listed at $529,000, positioned well below the $509,199 Fair Market Value by -3%. While the property requires minor updates to its Condition Rating of 4, it offers significant lifestyle benefits, including a spacious backyard, private patio, and proximity to the Pajaro River Levee Trail. With low carrying costs and no flood insurance requirements, this home provides a stable, budget-friendly environment. It is an ideal acquisition for 55+ active adults or downsizing retirees seeking a well-located, manageable home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 517 Tuttle Avenue Subject | $529,000* List Price | 2 | 1 | 930 | $548 | - |
A 415 Spruce Circle Sold | $475,000 | 2 | 1 | 913 | $520 | 0.1 mi |
B 569 Cedar Drive Sold | $525,000 | 2 | 1 | 877 | $599 | 0.1 mi |
C 8 Carita Court Sold | $489,000 | 2 | 1 | 827 | $591 | 0.2 mi |
D 807 Delta Way Sold | $665,000 | 2 | 2 | 1,276 | $521 | 0.3 mi |
E 573 Cedar Drive Sold | $550,000 | 2 | 1 | 1,210 | $455 | 0.1 mi |
F 443 Tuttle Avenue Sold | $505,000 | 2 | 2 | 1,163 | $434 | 0.2 mi |
G 608 Bronte Avenue Active | $554,000 List Price | 2 | 1 | 827 | $670 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this property is nearly 50 years old. While the home appears well-maintained and functional, the bathroom fixtures and exterior patio areas are dated (likely 20+ years since any major renovation). The natural gas furnace is a positive system highlight, but the overall aesthetic and age of finishes suggest a need for minor updates to meet modern standards.
The property features a rare combination of a spacious backyard, a private patio, and a separate gated side yard, offering significant outdoor utility for a home of this size.
Homeowners benefit from substantial financial savings including a very low $35 monthly association fee and no requirement for flood insurance, saving over $1,000 annually.
Ideally situated near the Pajaro River Levee Trail and downtown Watsonville, the home provides easy access to both scenic outdoor recreation and urban conveniences.
The 55+ age requirement for primary residents significantly limits the pool of eligible buyers and may impact long-term resale velocity.
With 53 days on market and two consecutive price reductions, the property has faced challenges in gaining traction at its previous price points.
This welcoming two bedroom, one bath home features a thoughtfully designed layout with a cozy wood-burning fireplace and a dedicated dining area enhanced by abundant natural light from a large patio door that opens to a private patio area. Conveniently located near shopping, restaurants, and Downtown. The home also offers easy access to the scenic Pajaro River Levee Trail, perfect for walking or biking! Enjoy a spacious backyard ideal for relaxing or entertaining, along with a separate gated side yard accessible from the main living area. Additional highlights include a natural gas forced air furnace and the no-requirement for flood insurance savings of of over $1,000+ per year. Community guidelines require one resident to be 55+, with a second occupant permitted at 45+. Non-resident owners may be of any age.
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 | 26% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 930 | 1,484 | 9% |
| Lot Size | 3,572 | 10,454.5 | 9% |
| Price | $529.0K | $854.0K | 8% |
| Price per sq ft | $569 | $583 | 49% |
| Built year | 1976 | 1975 | 53% |
| HOA | $35.0 | $0 | 86% |
| Days on market | 61 | 135 | 14% |
May 27, 2026
$529,000
$549,000
-4% Price Drop
Initial Listing
May 1, 2026
$549,000
$579,000
-5% Price Drop
Initial Listing
Apr 6, 2026
$579,000
Initial Listing
Nov 29, 2017
$338,000
Public Record