67 Pelican, Watsonville, California 95076, Watsonville, 95076 - 3 bed, 2 bath

67 Pelican, Watsonville, California 95076 home-pic-0
ACTIVE$1,050,000
67 Pelican, Watsonville, California 95076
3Beds
2Baths
1,280Sqft
1,089Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Oceanfront Location & Views: Unparalleled 'breathtaking beach views' and a 'rare California ocean view property' in a desirable coastal setting, enhancing its appeal and value.
Top Cons:
Substantial Monthly Association Fees: The $1,827.0 monthly association fee is exceptionally high, significantly impacting ownership costs and potential return on investment.

Compared to the nearby listings

Price:$1.05M vs avg $750.0K (+$300,000)77%
Size:1,280 sqft vs avg 1,040 sqft77%
Price/sqft:$820 vs avg $79862%

More Insights

Built in 1972 (53 years old).
Condition: Built in 1972, this property has received updates, particularly in the kitchen with white cabinets, stainless steel appliances, and wood-look flooring. The fireplace also features a more modern tile surround. However, the overall style of these updates, along with the dated bathroom vanity and shower enclosure, and the presence of carpet in living areas, suggests renovations were likely completed 15-30 years ago. The home is well-maintained and functional but would benefit from minor cosmetic updates to achieve a contemporary aesthetic.
Year Built
1972
Close
-
List price
$1.05M
Original List price
$1.3M
Price/Sqft
$820
HOA
$1,827
Days on market
-
Sold On
-
MLS number
24453035
Home ConditionFair
Features
Excellent View: Ocean
Deck
ViewOcean

About this home

Experience the pinnacle of coastal living with this exceptional opportunity to own a rare California ocean view property in the exclusive gated community of Pajaro Dunes. Perfect as a second home or investment, this stunning top-floor unit boasts unrestricted short-term rental potential. Revel in breathtaking beach views and a seamless indoor-outdoor flow ideal for entertaining and relaxation. The open layout features a well-appointed kitchen and a spacious living room that leads you to a charming balcony where you can enjoy your morning coffee while bird watching. With 3 bedrooms, including a spacious primary suite with captivating views, this unit offers comfort and style. Residents and guests enjoy access to pristine beaches, walking trails, tennis courts, pickle-ball, and a basketball court. Whether as a permanent residence or a vacation retreat, this property is your ultimate beach side haven.

Nearby schools

4/10
Ohlone Elementary School
Public,K-52.9mi
2/10
Landmark Elementary School
Public,K-54.5mi
2/10
Pajaro Middle School
Public,6-84.7mi
3/10
Rolling Hills Middle School
Public,6-85.1mi
4/10
Watsonville High School
Public,9-125.2mi
Condition Rating
Fair

Built in 1972, this property has received updates, particularly in the kitchen with white cabinets, stainless steel appliances, and wood-look flooring. The fireplace also features a more modern tile surround. However, the overall style of these updates, along with the dated bathroom vanity and shower enclosure, and the presence of carpet in living areas, suggests renovations were likely completed 15-30 years ago. The home is well-maintained and functional but would benefit from minor cosmetic updates to achieve a contemporary aesthetic.
Pros & Cons

Pros

Prime Oceanfront Location & Views: Unparalleled 'breathtaking beach views' and a 'rare California ocean view property' in a desirable coastal setting, enhancing its appeal and value.
Lucrative Short-Term Rental Potential: Offers 'unrestricted short-term rental potential,' making it an attractive investment for income generation and flexibility.
Exclusive Gated Community with Amenities: Located within the 'exclusive gated community of Pajaro Dunes' with access to 'pristine beaches, walking trails, tennis courts, pickle-ball, and a basketball court,' providing a resort-like lifestyle.
Top-Floor Unit with Enhanced Features: As a 'stunning top-floor unit,' it likely offers superior views and privacy, complemented by a 'charming balcony' and 'seamless indoor-outdoor flow' for entertaining.
Modern & Functional Interior: Features a 'well-appointed kitchen' and an 'open layout,' providing a comfortable and contemporary living space ideal for relaxation.

Cons

Substantial Monthly Association Fees: The $1,827.0 monthly association fee is exceptionally high, significantly impacting ownership costs and potential return on investment.
Condominium Ownership Limitations: As a condominium, it entails shared walls, potential for less privacy, and adherence to HOA rules, which may not suit all buyer preferences.
History of Price Reductions: Multiple price reductions from the original list price of $1.299M to $1.05M suggest initial overpricing or market resistance, potentially indicating a longer sales cycle.

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