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40 Eileen Street, 
Watsonville, CA 95076

$11,900,000


Bed


Bath


3,911

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Kasey Hinchman

David Lyng Real Estate

831-429-5700

Last updated:

June 20, 2025, 01:21 PM

MLS#

ML82008493

Source:

CRMLS

About This Home

40 Eileen Street

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.

Home Facts

Multi-Family

Built in 1975

Price Summary

11,900,000

$3,042 per Sq. Ft.

MLS #:

ML82008493

Last Updated:

June 20, 2025, 01:21 PM

Added:

24 day(s) ago


Rooms & Interior

Interior

Living Area:

3,911 Sq. Ft.


Structure

Structure

Building Area:

3,911 Sq. Ft.

Year Built:

1975


Lot

Lot Size (Sq. Ft):

373,744


Finances & Disclosures

Finances

Price:

$11,900,000

Price per Sq. Ft:

$3,042 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of June 20, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.