
Watsonville, California 95076
This Oceanfront Single Family Residence is a Strong Value Opportunity, listed at $4,250,000—positioned well below the $4,280,422 Fair Market Value by 0.71%. This valuation gap offers $30,422 in Instant Equity. Featuring an Excellent Condition Rating with a newly rebuilt oceanfront deck and remodeled bathrooms, this turnkey home offers panoramic views and dual primary suites. While local school ratings are modest, the property’s prime location and recent capital improvements make it an ideal sanctuary for Luxury Vacation Home Buyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 98 Cormorant Way Subject 4 bd · 4 ba · 1,974 sqft · $2,168 | $4,250,000* List Price | 4 | 4 | 1,974 | $2,168 | - |
A 95 Cormorant Way Sold 3 bd · 2 ba · 2,033 sqft · $2,017 · 0.0 mi | $4,100,000 | 3 | 2 | 2,033 | $2,017 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1971, the property has undergone extensive recent renovations including fully remodeled bathrooms with modern tile and fixtures, a new roof, and a newly rebuilt oceanfront deck. The interior finishes, including flooring and paint, appear in mint condition, qualifying it for the excellent rating based on recent comprehensive updates.
Situated directly on the sand with panoramic views stretching from Monterey to Santa Cruz, offering rare and immediate beach access that is highly coveted in the Pajaro Dunes community.
The floor plan features two spacious oceanfront primary suites with direct deck access, providing an ideal layout for multi-generational families or high-end vacation rental potential.
Significant capital improvements, including a new roof, a rebuilt oceanfront deck, and fully remodeled bathrooms throughout, ensure a turnkey experience and reduced immediate maintenance costs.
The property is served by local schools with low ratings (ranging from 2 to 4), which may deter families looking for a primary residence and impact long-term appreciation compared to neighboring districts.
With a list price of $4.25M for under 2,000 square feet, the property carries a high price-per-square-foot premium that may be sensitive to market fluctuations despite its beachfront status.
Between Strawberry Fields and the Deep Blue Sea.Pajaro Dunes sits where two of California's great bounties meet: strawberry fields roll up to the dunes,and the Monterey Bay National Marine Sanctuary stretches out in front in constant motion:commuting gray whales and humpbacks, sea lions and pelicans working the bait balls,rafting sea otters watching dolphin ride waves. So close to nature but not so far away from the vibrant tech and creative 21st Century energy of the Central Coast Set directly on the beach, this 4-bedroom, 4-bath home offers privacy, comfort and sweeping views from Monterey to Santa Cruz. Any closer and you'll be surfing with the whales. Two oceanfront primary suites each have a king bed, private bath and deck access.Fall asleep to technicolor sunsets and barking sea lions; wake to the sound of the surf. A third bedroom has two twins and its own bath.The fourth has a private entrance and bath,ideal for families and groups. The rebuilt oceanfront deck is made for coastal living:read a book,have a drink,socialize.An enclosed patio adds another place to gather and throw freshest salmon,halibut and tuna on the barbie.Recent upgrades include a new roof,the rebuilt deck,a re-shingled patio and fully remodeled baths,all with the home's classic beachfront charm intact.
No exterior & parking available.
Grades K-5 • 4.3 mi
Grades 6-8 • 4.8 mi
Grades 9-12 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.5 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,974 | 1,212.057 |
| Lot Size | 6,621 | 5,911.8 |
| Price | $4.25M | $802.3K |
| Price per sq ft | $2.2K | $598 |
| Built year | 1971 | 1966 |
| HOA | $677.0 | $277 |
| Days on market | 32 | 57 |
Sep 22, 2026
$4,250,000
Initial Listing