40 Eileen Street Watsonville, CA $ 11,900,000
40 Eileen Street
$ 11,900,000
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40 Eileen Street

Watsonville, CA, 95076
$ 11,900,000
Baths0.0 Sq 3,911

Monthly Estimate*

$ 74,241

Listed by David Lyng Real Estate
40 Eileen Street, Watsonville, CA 95076 - Image 1
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Studio

Multi-Family Home for sale in Watsonville, CA

for $11,900,000. This 3,911 square foot home was built in 1975 on a lot size of 8.58.

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.

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Multi-Family Active

Price

$ 11,900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

8.58

Year Built

1975

Town/City

Watsonville

County/Region

Santa Cruz

MLS | Web ID

ML82008493

Days on Market

194

Features
General
Living Area 3911
Sewer Public Sewer
Roof Composition
Zoning R-1
Garage Spaces 4
Pool Features In Ground
Year Built 1975
Property Subtype Mixed Use
Accessibility Other
County Santa Cruz
Insurance Expense 0
Property Type Residential Income
HOA false
MaintenanceExpense 0
Garage Y/N true
Special Listing Conditions Standard
Status Active
City Watsonville
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 373744.8
Carport Spaces 0
Spa Features In Ground
Tax Annual Amount 0
Trash Expense 0
Virtual Tour https://www.40eileen.com/mls https://www.40eileen.com
Standard Status Active
Occupancy Type Owner
Year Built Source Other
Property Sub Type Additional Mixed Use
Cap Rate 0
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Uncovered
Water Source Public
Total Parking 15
Lot Size Area 373744.8
Number of Buildings 3
Spa true
Building Area Total 3911
Lot Size Acres 8.58
Lot Size Source Other
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* Excluded Features
List By
David Lyng Real Estate

Broker

kaseyandbrooke@davidlyng.com

Email

Affordability Calculator

$74,241
Per Month
100%
0%
0%
Monthly Principal & Interest
$74,241
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/28/2025$11,900,000 Listed Price

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40 Eileen Street, Watsonville, CA, 95076 is a Multi-Family Home for sale at $11,900,000 with 3,911 sqft and a lot size of 8.58. 40 Eileen Street is a studio with 0.0 baths and was built in 1975. The property's zip code is 95076 which is in Watsonville, CA