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    600 Sea View Ter Watsonville, CA 95076

    Sponsored
    For Sale
    $5,195,000

    Contemporary, Multiple Dwellings / Structures - LA SELVA BEACH, CA

    Property size:
    3,456 SF
    Lot size:
    1.37 Acres
    Days on Market:
    32
    Last Refresh:
    Feb 15 at 3:06 pm

    Property Features for 600 Sea View Ter

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Double Pane Windows, Skylight(s)
    Zoning
    Res
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
    Bedrooms
    5
    Parking
    8
    Parking features
    Garage, Garage - Attached
    Interior features
    None, Double Pane Windows, Low Flow Shower, Low Flow Toilet, Skylight, Solar Power, High Ceiling, Skylight, Walk-in Closet, Fire System - Sprinkler
    Fireplace
    1
    Appliances
    Range
    Size
    3,456 SF
    Lot size
    1.37 Acres

    Utilities

    Heating system
    Central, Fireplace(s), Forced Air, Solar (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Year built
    2024
    Flooring type
    Hardwood, Tile
    Roof type
    Flat
    Architectural style
    Contemporary

    We can help!

    Listing Contact
    Angelica Martinez

    David Lyng Real Estate (831) 476-0100

    Listing agent Angelica Martinez (831) 476-0100 License #01457026

    Listing date Jan 15, 2026

    MLS# ML82021266 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.

    Learn more

    Property Insight Report

    Overview

    Ocean View Contemporary Home with Guest House

    This contemporary residence, accompanied by a detached guest house, is situated within a private community. The property spans 1.37 acres and offers access to shorelines. The main residence features a great room with 20-foot ceilings, expansive windows and sliding glass doors, white oak floors, and a gas fireplace. The chef's kitchen is equipped with appliances and overlooks the dining area, opening to outdoor terraces and decks. The ground floor includes primary suites with a fireplace, freestanding tub, and walk-in shower and closet, as well as a laundry room and powder room. The second floor features an elegant staircase and mezzanine, two en-suite bedrooms, and a separate office/media room with balconies. The detached guest house includes one bedroom and 1.5 bathrooms, mirroring the main residence. The property is solar powered and offers ocean views. The main residence has 3456 square feet of living space. The property is located near beaches, surfing, dining, shops, wine tasting, and hiking trails.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Gym & Fitness Center Food Market Grocery & Convenience Store Garden Center Florist (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Watsonville
    County
    Santa Cruz
    State
    California
    Longitude
    -121.8474817
    Latitude
    36.9192701

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    FAQs

    What type of property is this?
    Single family property - New contemporary home with guest house and expansive ocean views.
    Where is this single family property located?
    The property is located at 600 Sea View Ter Watsonville, CA.
    What is the asking price?
    The asking price for this property is $5,195,000.
    What are key features of this property?
    This property features: - Expansive ocean views from both the main residence and detached guest house.; - Brand new contemporary design by award-winning architect Frederic Lattanzio.; - Detached 1 bed/1.5 bath guest house with 2-car garage mirroring the main residence.
    (831) 476-0100
    Request Owner's contact information
    600 Sea View Ter Watsonville, CA 95076
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    Watsonville, CA 95076
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    600 Sea View Ter Watsonville, CA 95076
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    We can help!
    Listing Contact
    Angelica Martinez
    Real Estate License ID: 01457026
    (831) 476-0100 (831) 763-6700 (831) 818-0100
    Learn more
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