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
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