729 Martinelli Street, Watsonville, California 95076, Watsonville, 95076 - 4 bed, 3 bath
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Watsonville, California 95076
This Spacious Single-Level Residence represents a Strong Value Opportunity, listed at $989,000—positioned well below the $1,102,169 Fair Market Value by 10%. This valuation gap provides $113,169 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a newer roof and updated kitchen, while the 10,846 sqft Corner Lot offers significant potential for expansion or RV storage. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 729 Martinelli Street Subject | $989,000* List Price | 4 | 3 | 2,233 | $494 | - |
A 97 Logan Street Sold | $1,130,000 | 4 | 3 | 2,043 | $553 | 0.2 mi |
B 223 Shasta Street Sold | $793,000 | 3 | 2 | 1,398 | $567 | 0.6 mi |
C 145 Alma Street Sold | $887,000 | 3 | 2 | 1,772 | $501 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1957, the property is well-maintained and move-in ready. It features key updates including a newer roof, energy-efficient double-pane windows, fresh exterior paint, and an updated kitchen, meeting the criteria for a functional and well-maintained home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10846, living area = 2233.
Situated on one of the largest corner lots in the desirable Martinelli neighborhood, the 10,846 sqft parcel provides rare space for RV storage, gardening, and extensive outdoor entertaining.
The home features significant recent capital improvements, including a newer roof, energy-efficient double-pane windows, and fresh exterior paint, reducing immediate maintenance concerns for the buyer.
Built in 1957, the property likely retains older interior finishes beyond the kitchen, which may require a significant budget for a full modern remodel to meet contemporary tastes.
The listing's emphasis on a 'personal touch' and 'custom remodel' suggests that while functional, the home may have deferred cosmetic or systemic updates that buyers will need to address post-purchase.
A charming single-level home on one of the largest corner lots in the highly desirable Martinelli neighborhood. Offering abundant space and endless potential, this home is ready for your personal touchwhether you envision a custom remodel or prefer to move in and enjoy it as is. The updated kitchen provides a functional and inviting space for everyday living, while the generous family room offers flexibility as a fifth bedroom, home office, or additional living area. Recent improvements include exterior paint, a newer roof, and energy-efficient double-pane windows. A backyard with plenty of room for entertaining, gardening, or conveniently storing recreational vehicles. Ideally located in a sought-after neighborhood, you'll enjoy easy access to local shops and restaurants, as well as a short drive to beaches for relaxing coastal escapes. All highways are easily accessible.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,233 | 1,139.5 |
| Lot Size | 10,846 | 7,144 |
| Price | $989.0K | $810.5K |
| Price per sq ft | $443 | $609 |
| Built year | 1957 | 1955 |
| HOA | $0 | $530 |
| Days on market | 26 | 51 |
Jun 26, 2026
$989,000
Initial Listing
Sep 11, 2023
$910,000
Public Record