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Multi-Home Residential Development Site

40 Eileen ST Watsonville, CA 95076

40 Eileen ST, Watsonville, CA, 95076
$11,900,000
For Sale
$11,900,000

MULTI_FAMILY - WATSONVILLE, CA

Property Size3,911 SF
Lot Size8.58 Acres
Price / SF$3,042
Days on Market128

Property Features for 40 Eileen ST

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-1
Parking
15
Parking features
Covered
Standard status
Active
Size
3,911 SF
Lot size
8.58 Acres

Utilities

Water source
Public

Building Details

Year built
1975
Roof type
Composition
Listing Agency David Lyng Real Estate
1041 41st Ave, CA
Listed by Kasey Hinchman · License #01424163
Added: Mar 15 Checked: Jul 20 at 11:06 am
MLS# ML82008493 Listing URL

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Set at the end of a cul-de-sac, this 8.58-acre Watsonville property is currently improved with three single-family homes and a detached warehouse. The land is fully serviced with public water, sewer, and PG&E utilities, with separate meters for each residence. The site is zoned R-1, offering buyers the ability to evaluate residential-focused development or reconfiguration subject to approvals and build-ability.

Located at 40 Eileen St in Watsonville (95076), the property sits within a community-oriented city environment. The public remarks note proximity to Watsonville Community Hospital, Kaiser, PAMF, local shops and schools, Main & Green Valley commercial corridors, and the Watsonville Municipal Airport, with the Monterey Bay region accessible via nearby routes.

For tenants, investors, or owner-users, the combination of multiple existing residences plus a detached warehouse can support a range of practical strategies, from keeping current income in place to planning future site updates. Buyers should verify zoning, permitted uses, and any development possibilities with the appropriate agencies, including requirements related to residential R-1 standards and any changes involving additional structures or alternative uses.

Key Highlights

  • Rare 8.58‑acre property in a desirable Watsonville location.
  • Zoned R1 with potential for diverse development (residential, vineyard, farm, retreat, etc.).
  • Fully serviced with public water, sewer, and PG&E, each with separate meters.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Furniture & Home Goods Parking Lot & Garage Barber Shop Hair Salon Law Firm Computer & Electronic Repair Tech Support Center Home Appliance Store (Bike/Boat/Book/etc) Store Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - 8.58-acre cul-de-sac parcel with three single-family homes and a detached warehouse, served by public utilities.
Where is this single family property located?
The property is located at 40 Eileen ST Watsonville, CA.
What is the asking price?
The asking price for this property is $11,900,000.
What are key features of this property?
This property features: Rare 8.58‑acre property in a desirable Watsonville location.; Zoned R1 with potential for diverse development (residential, vineyard, farm, retreat, etc.).; Fully serviced with public water, sewer, and PG&E, each with separate meters.
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