40 Eileen Street
Any development possibilities and uses remain entirely up to the buyers creativity and due diligence
Marketing 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.
Investment highlights
Immediate Value & Infrastructure
- Substantial Acreage: A rare 8.58-acre parcel located at the end of a private cul-de-sac in one of Watsonville’s most desirable neighborhoods.
- Plug-and-Play Utilities: Fully serviced with public water, sewer, and PG&E.
Flexible Development Potential
- Favorable Zoning & Civic Support: Zoned R1 within a municipality explicitly supportive of housing and community-oriented growth.
- Versatile High-Yield Exit Strategies: The expansive footprint allows for a wide array of high-value uses, including:
- Residential housing community or private multi-structure estate.
- Senior housing, retirement community, or residential care facility.
- Boutique vineyard, agricultural farm, or wellness retreat.
- Institutional uses such as a private school or veteran's housing.
Strategic & High-Demand Location
- Healthcare & Commercial Proximity: Minutes from major medical hubs (Watsonville Community Hospital, Kaiser, PAMF), schools, and the bustling Main & Green Valley commercial corridors.
- Logistics & Transit Advantage: Exceptional proximity to the Watsonville Municipal Airport and easy highway access.
- Central Monterey Bay Hub: Ideally situated at the heart of the Monterey Bay, offering a short drive to local beaches and seamless commutes to high-value coastal markets like Capitola, Santa Cruz, and Monterey.
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