About This Home

This 0-bedroom, 0-bathroom residential multi family at 40 Eileen ST in Watsonville, CA is listed for $11,900,000 ($3,043 per sqft). Built in 1975, the home offers 3,911 sqft of living space on a 8.58 acres lot.

Key Features

  • Built in 1975
  • 8.58 acre lot
  • 15 parking spaces

Property Details

15 spaces
1975
Listing Description

Rare 8.58-acre property at the end of a cul-de-sac in one of Watsonville's most desirable areas. Currently improved with three single-family homes and a detached warehouse, the land is fully serviced with public water, sewer, and PG&E utilities, each with separate meters.

Zoned R1 and located in a city supportive of housing and community-oriented growth, this property offers an exceptional opportunity and flexibility. Whether envisioned as a residential housing community, private estate with room for multiple structures, a boutique vineyard, a farm, a wellness retreat, a school, a retirement community, a residential care facility, or veteran's housing - the potential is vast.

Any development possibilities and uses remain entirely up to the buyers creativity and due diligence. This is not a site to limit the imagination, but to inspire your vision. The location is equally compelling: just minutes from Watsonville Community Hospital, Kaiser, PAMF, local shops and schools, Main & Green Valley commercial corridors, and the Watsonville Municipal Airport.

Beaches are a short drive away, with easy access to Capitola, Santa Cruz, and Monterey, as Watsonville sits at the heart of the Monterey Bay. Buyer to verify all zoning, use potential, and build-ability with appropriate agencies.

Monthly Cost Estimate

$63,644/mo

20% down · 6.5% · 30 years

Principal$8,606
Interest$51,567
Insurance$3,471

Estimates only. Actual payments may vary.

Location

40 Eileen ST

Watsonville, CA 95076

Property Details

Parking

Covered

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 40 Eileen ST is listed at $11,900,000 ($3,043/sqft). The estimated monthly payment is $63,644 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1975, 8.58 acre lot, 15 parking spaces.

This property is listed by Kasey Hinchman and can be reached at 8312393708.

KH

Kasey Hinchman

License 01424163

Agent at David Lyng Real Estate

(831) 239-3708

Listed by David Lyng Real Estate · Broker phone: (831) 476-0100 · View on Broker Site

MLS# ML82008493· Source: MLS Listings, Inc.· 267 days on PropertySimple

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.

40 Eileen ST, Watsonville, CA 95076

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