Two-Unit New Construction
For Sale
$1,997,500
141 Skyline Vista WAY, Watsonville, CA 95076
Residential Income (2-4 units), WATSONVILLE, CA
Property Size4,096 SF
Lot Size0.04 Acres
Price / SF$487.67
Days on Market85
Property Features for 141 Skyline Vista WAY
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R
Bedrooms
6
Rooms
Bedroom 4, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 3
Parking features
Garage - Attached, Guest
Interior features
High Ceiling
Appliances
Countertop - Other, Dishwasher, Hood Over Range, Oven Range - Built-In, Pantry, Refrigerator
View
City
Subdivision
Watsonville
Standard status
Active
Size
4,096 SF
Lot size
0.04 Acres
Taxes and HOA fees
HOA Fee
$720 Monthly
Utilities
Heating system
Solar (Heating), Central, Forced Air
Water source
Public
Building Details
Year built
2026
Number of units
2
Roof type
Composition
Listing Agency:
David Lyng Real Estate
(831) 438-5700
Listed By:
Paul Burrowes · License #01955563
(831) 295-5130
Added: Jul 19
Changed: Oct 11
Last Checked: Oct 11 at 2:06PM
MLS# ML82047554
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.
This two-unit duplex is under construction, with 4,096 square feet across two side-by-side residences. Each home is planned with 3 bedrooms, 3.5 bathrooms, high ceilings, and an attached 465-square-foot garage. A 124-square-foot private outdoor area accompanies each unit. The homes are scheduled for completion in 2026 and are zoned R.
Planned community amenities include a sports court, fitness par course, walking trails, bocce ball court, dog park, bird-watching overlook, playground, barbecue areas, and picnic spots.
Planned community amenities include a sports court, fitness par course, walking trails, bocce ball court, dog park, bird-watching overlook, playground, barbecue areas, and picnic spots.
Key Highlights
- Two side‑by‑side residences total 4,096 square feet
- Each unit has 3 bedrooms and 3.5 bathrooms
- Attached 465‑square‑foot garage for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,198
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,283,960
$2.3M
Cap Rate 7%
$1,631,400
$1.6M
Cap Rate 9%
$1,268,867
$1.3M
Market Conditions
NOI Build-Up for 4,096 SF
Gross rent
$167.1K $40.80/SF
− Vacancy
−$4.0K −$0.97/SF
EGI
$163.1K $39.83/SF
− OpEx
−$48.9K −$11.95/SF
NOI
$114.2K $27.88/SF
Area
Santa Cruz County, CA
Vacancy
2.38%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,283,960
Cap Rate 7%
$1,631,400
Cap Rate 9%
$1,268,867
Alternative Uses
Best Use
Multifamily LT 5
$1.63M
$1.43M – $1.90M
NOI $114,198 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$1.51M
$1.32M – $1.76M
NOI $105,431 @ 7.0% cap · market cap 5.28%
Theoretical Best
Retail
$2.34M
$2.05M – $2.73M
NOI $163,946 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
626
Businesses Nearby
Explore this area
Business Placement
Demographics for 95076, CA
84,433
Population
26,488
Households
3.2
Avg Household Size
35
Median Age
19%
College-Educated
72%
High-School Grad
135.1 sq mi
ZIP Area
625
Density / Sq Mi
$86,685
Median Household Income
$36,077
Median Earnings
$1,851
Median Rent
$767,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Each residence pairs three en-suite bedrooms with an attached garage and private outdoor area.
Where is this duplex located?
The property is located at 141 Skyline Vista WAY Watsonville, CA.
What is the asking price?
The asking price for this property is $1,997,500.
What are key features of this property?
This property features: Two side‑by‑side residences total 4,096 square feet; Each unit has 3 bedrooms and 3.5 bathrooms; Attached 465‑square‑foot garage for each residence
