2055 Summit Rd, Watsonville, CA 95076
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.