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    40 Eileen St Watsonville, CA 95076

    Sponsored
    For Sale
    $11,900,000

    Multiple Dwellings / Structures - WATSONVILLE, CA

    Property size:
    3,911 SF
    Lot size:
    8.58 Acres
    Days on Market:
    224
    Last Refresh:
    Jan 5 at 9:06 am

    Property Features for 40 Eileen St

    General Information

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

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Other (Cooling)

    Building Details

    Year built
    1975
    Roof type
    Composition
    Architectural style
    Other

    David Lyng Real Estate (831) 476-0100 [email protected]

    Listing agent Kasey Hinchman (831) 476-0100 License #01424163

    Listing date May 27, 2025

    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.

    Overview

    8.58-Acre Property with Multiple Structures

    This 8.58-acre property is located at the end of a cul-de-sac in a desirable area of Watsonville. The land is improved with three single-family homes and a detached warehouse, totaling 3911 square feet. The property is fully serviced with public water, sewer, and PG&E utilities, each with separate meters. Zoned R1, the property offers exceptional opportunity and flexibility for various uses, including a residential housing community, private estate with multiple structures, a boutique vineyard, a farm, a wellness retreat, a school, a retirement community, a residential care facility, or veteran's housing. The location is near Watsonville Community Hospital, Kaiser, PAMF, local shops and schools, Main & Green Valley commercial corridors, and the Watsonville Municipal Airport. Beaches are easily accessible, with proximity to Capitola, Santa Cruz, and Monterey, as Watsonville is at the heart of the Monterey Bay. The city is supportive of housing and community-oriented growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Watsonville
    County
    Santa Cruz
    State
    California
    Longitude
    -121.7860452
    Latitude
    36.919881

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    FAQs

    What type of property is this?
    Single family property - Rare Watsonville property with development potential.
    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: - Large 8.58-acre property with development potential; - Three existing single-family homes and a detached warehouse provide immediate income or use; - Fully serviced with separate meters for public water, sewer, and PG&E utilities
    (831) 476-0100
    Request Owner's contact information
    40 Eileen St Watsonville, CA 95076
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    40 Eileen St Watsonville, CA 95076
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