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R-1 Land with Detached Warehouse
For Sale
$11,900,000

40 Eileen ST, Watsonville, CA 95076

Residential Lots & Land, WATSONVILLE, CA

Property SizeContact for details
Lot Size8.58 Acres
Days on Market85

Property Features for 40 Eileen ST

General Information

Property type Land
Property subtype Other
Zoning R-1
Lot features Grade - Gently Sloped
Subdivision Watsonville
Standard status Active
Lot size 8.58 Acres

Utilities

Water source Public
Listing Agency: David Lyng Real Estate
Listed By: Kasey Hinchman · License #01424163
Added: Jun 3 Changed: Aug 19 Last Checked: Aug 26 at 9:06PM
MLS# ML82008482

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 8.58-acre R-1 property sits at the end of a cul-de-sac and is currently improved with three single-family homes plus a detached warehouse. The land is fully serviced with public water, sewer, and PG&E utilities. Each unit has separate meters, providing clearer separation of services across the existing improvements.

The property is located in Watsonville, and the surrounding area includes nearby medical facilities and commercial corridors referenced in the listing remarks. Buyers also note proximity to Watsonville Community Hospital and other regional healthcare providers, local shops and schools, Main Street and Green Valley commercial corridors, and Watsonville Municipal Airport, with the Monterey Bay area accessible by short drives.

For buyers, this site may appeal for a range of planning directions that keep the existing homes and warehouse in place while pursuing further development subject to approvals. Because the listing emphasizes that development possibilities and use potential require buyer verification, interested parties should conduct due diligence with the appropriate agencies regarding build-ability, allowable uses, and any zoning or permitting requirements before committing to a specific development plan.

Key Highlights

  • Rare 8.58‑acre property in a desirable Watsonville location.
  • Three existing single‑family homes and a detached warehouse included.
  • Fully serviced with separate meters for public water, sewer, and PG&E.

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Furniture & Home Goods Parking Lot & Garage Barber Shop Hair Salon Law Firm Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

725
Businesses Nearby

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 Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Single family property - 8.58-acre R-1 site at a cul-de-sac end, improved with three homes and a detached warehouse with separate 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.; Three existing single‑family homes and a detached warehouse included.; Fully serviced with separate meters for public water, sewer, and PG&E.
More about this property
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