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40 Eileen StreetWatsonville, CA 95076

For Sale

$11,900,000

Smart Buyer Rebate $119,000

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.

Listed by Kasey Hinchman

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License #01424163

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David Lyng Real Estate

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831-239-3708

Last updated August 31, 2025

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Source: MLSListings #ML82008493

Listing Facts

  • TypeMulti-family
  • NeighborhoodWatsonville
  • Days on Prevu106
  • Size3,911 sqft
  • Price per sqft$3,043

Amenities

  • Pets Allowed
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

05/27/2025
Listed by David Lyng Real Estate
$11,900,000

Property Details for 40 Eileen Street

Exterior

Construction

  • Roof: Composition
  • Year Built: 1975
  • Year Built Details: 6

Features

  • Pool Features: In Ground

Measurements

  • Building Area Total: 3,911
  • Lot Size Acres: 8.58
  • Lot Size Area: 373,744
  • Lot Size Source: Other
  • Lot Size Square Feet: 373,744
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Operating Expense Includes: Other

Taxes

  • Parcel Number: 015-011-05-000

Interior

Measurements

  • Living Area: 3,911

Other

Features

  • Accessibility Features: Other

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Total: 15

Schools

Elementary School

  • Elementary School District: Pajaro Valley Unified

High School

  • High School District: Pajaro Valley Unified

Utilities

Equipment

  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.