580 Russell Ridge, Watsonville, California 95076, Watsonville, 95076 - 3 bed, 2 bath
580 Russell Ridge
Watsonville, California 95076
Property Price
SUMMARY
Analysis of 580 Russell Ridge, Watsonville, California 95076 reveals a Fairly Priced Property with a current list price of $750,000 aligned with the estimated $750,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2007, this manufactured home is 17 years old and appears well-maintained. The kitchen features stainless steel appliances and functional wood cabinetry, while the master bath includes a spa-like tub. The property boasts robust, well-maintained off-grid systems (solar, generator, well, septic) and clean interiors with laminate and carpet flooring. While the interior style reflects its build year and isn't newly renovated, it is move-in ready with no immediate repairs needed, aligning with a 'Good' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 861094, living area = 1334.
- Expansive & Private Acreage
Nearly 20 secluded acres with gentle topography, offering unparalleled privacy, abundant wildlife, and a serene pine forest environment.
- Panoramic Ocean & Mountain Views
Perched on a ridge top, the property boasts breathtaking 180-degree panoramic views of Monterey Bay, the ocean, and surrounding mountains.
CONSRISKS & DEFICIENCIES
- Challenging Accessibility
The property requires navigating 3 miles of dirt road, resulting in an approximate 45-minute drive to nearby markets, which may deter some buyers seeking easier access.
- Manufactured Home Construction
The primary residence is a permitted manufactured home on a permanent foundation, which, despite its quality, might be perceived differently than a traditional stick-built home by some buyers or lenders.
- Modest Home Size for Acreage
The 1,334 sqft residence is relatively small given the expansive 20-acre lot, potentially limiting its appeal to buyers seeking a larger primary dwelling commensurate with the land size.
About 580 Russell Ridge
Secluded almost 20 Acres with Gentle Topography and Views of Monterey Bay. Perched on a ridge top in the Santa Cruz Mountains, enjoy panoramic 180-degree ocean and mountain vistas. Discover a haven of pristine privacy where fresh air, abundant wildlife, and a serene pine forest surround you. Established trail system great for hiking, mt. biking. Built in 2007, 3 bedroom, 2 bath 1,334 s.f. this is a permitted manufactured home on permanent foundation. High ceiling thru-out, skylights, efficient wood stove, laminate floors, stainless steel appliances in kitchen, master bath has spa-like tub, ample closet spaces. Indoor laundry. Satellite WIFI and TV available to subscribe in the area. Two 8'X 20' modified containers perfect for adding living & storage spaces. Solar System & generator, Utility building, a good-producing well, two 5K-gallon water storage tanks, 2 propane tanks, septic system, providing off-grid independence. Property is gated. 11.5 mi from Summit Store or 16.6 mi from Corralitos Mkt, with 3 miles of dirt road to get there (approx 45 mins). Starlink, Etheric Network. Please do not drive on property without an appointment, thank you.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 861,094 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,334 | 1,569.5 | 32% |
| Lot Size | 861,094 | 10,912 | 99% |
| Price | $750.0K | $881.0K | 28% |
| Price per sq ft | $562 | $556 | 53% |
| Built year | 2007 | 1977 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 215 | 193 | 64% |
Pricing History
Listed for Sale
Aug 4, 2025
$750,000
Initial Listing