Property profile

2055 Summit Rd Watsonville, CA 95076

OFF-MARKET
Land
Property ID
US09-0172353
23.94 ac lot
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Property summary

AI-generated overview

This exceptional 23.94-acre property in Watsonville, CA (APN 106.101.01), offers breathtaking panoramic views of Monterey Bay. The land boasts numerous flat areas ideal for development, making it suitable for a variety of uses, including a family compound, retreat center, vineyard, or even a wedding venue. A pre-existing 1,200 sq ft, two-bedroom, one-bathroom accessory dwelling unit (ADU) provides immediate comfortable living while planning and constructing your dream home. Current plans include a 5,000 sq ft main residence with a detached three-car garage. The property is thoughtfully laid out to accommodate future expansion, with space even allocated for a helicopter pad. Infrastructure is already in place to support significant development, featuring a robust well supplying a 20,000-gallon water storage tank, a fully functional septic system with capacity for additional buildings, and a substantial solar power system (40 panels and 16,000kw batteries). This remote location, accessible via a dirt road from Highway 17 near Los Gatos or Highway 1 near Freedom, provides unparalleled privacy and tranquility. Owner financing is available. This unique opportunity combines stunning scenery, existing infrastructure, and ample space for your vision.

Property profile

Verified
Property type Land
Lot 23.94 ac (1,042,826 SF)
UPID US09-0172353

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2055 Summit Rd Watsonville, CA 95076
Watsonville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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