40 Pelican 40, Watsonville, California 95076, Watsonville, - bed, bath

home-pic
ACTIVE$850,000
40 Pelican 40, Watsonville, California 95076
2Beds
2Baths
1,080Sqft
915Lot
Year Built
1969
Close
-
List price
$850K
Original List price
$895K
Price/Sqft
-
HOA
$1,418
Days on market
-
Sold On
-
MLS number
ML81978126
Home ConditionGood
Features
Excellent View: Bay, Ocean, Water
Deck
ViewBay, Ocean, Water

About this home

Secure, Private, and quiet is what comes to mind when I think of the waterfront living experience at Pajaro Dunes, unless of course you dont like being close enough to the beach to hear the waves land on the shore! Located right on the sand just steps from the beach and the water sits this beautifully updated and furnished 2 bedroom, 1 and a half bathrooms single level end unit condo which is ready for its new owner to start making memories here. It features views of the dunes and the water from the living room and deck, lots of natural light, a fireplace for those foggy days, tennis/pickle ball courts, but most of all the sights and sounds of the Monterey Bay right out in front of you. Enjoy early morning walks or sunset strolls to the beach above the sand on the boardwalks. Conveniently located between Santa Cruz and the Monterey Peninsula makes shopping, restaurants and attractions to either end of the bay possible. Currently available as a short-term rental, you can enjoy this property as your own weekender, and as an income producing rental when you arent using it.

Nearby schools

4/10
Ohlone Elementary School
Public,K-52.9mi
2/10
Landmark Elementary School
Public,K-54.5mi
2/10
Pajaro Middle School
Public,6-84.7mi
3/10
Rolling Hills Middle School
Public,6-85.1mi
4/10
Watsonville High School
Public,9-125.2mi

Price History

Date
Event
Price
08/07/25
Price Change
$850,000
08/27/24
Listing
$895,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (14 Listings)
Beds22
50%
Baths22
50%
Square foot1,0801,040
67%
Lot Size9150
0%
Price$850K$675K
73%
Price per square foot$787$794
47%
Built year19691974
13%
HOA$1,418$2,196
47%
Days on market435170
93%
Condition Rating
Good

Built in 1969, this condo has been 'beautifully updated' as stated in the description, which is evident in the images. The kitchen features updated white cabinets and clean countertops, and the bathrooms have updated vanities and tile, making them functional and presentable. The fireplace has a modern stacked stone surround. However, the presence of white appliances, extensive carpeting throughout (including the kitchen), baseboard heating, and functional but not modern light fixtures suggest the renovation was not a high-end, recent (within 5 years) overhaul. It is move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Direct Beachfront Location: The property boasts an unparalleled location directly on the sand, just steps from the beach and water, offering the unique experience of hearing the waves from the unit.
Panoramic Ocean & Dune Views: Enjoy stunning views of the dunes and the Monterey Bay from the living room and deck, providing a picturesque backdrop and enhancing the coastal living experience.
Income-Producing Potential: Currently available as a short-term rental, this property offers significant income-generating potential when not in personal use, making it an attractive investment.
Updated & Furnished Condition: The unit is beautifully updated and furnished, allowing for immediate occupancy or rental without the need for extensive renovations or furnishing costs.
Community Amenities & Lifestyle: Residents have access to desirable amenities such as tennis/pickleball courts and boardwalks for beach strolls, fostering an active and enjoyable coastal lifestyle.

Cons

High Monthly Association Fee: The property carries a substantial monthly association fee of $1,418, which significantly adds to the overall cost of ownership.
Modest Interior Size & Bathroom Count: With 1080 sqft, 2 bedrooms, and 1.5 bathrooms, the interior space is relatively modest for its price point, potentially limiting appeal for those seeking more expansive living areas.
Age of Building: Built in 1969, the property's underlying structure is over 50 years old, which, despite updates, may raise concerns about long-term maintenance or less modern infrastructure compared to newer constructions.

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