Perched on a hill above the sea in a quiet neighborhood where everyone wants to be!! Below you'll find the expansive beach that stretches for miles which can be accessed by the sweet community pathway leading to the shore. The thoughtfully configured home has never been on the market and offers exceptional versatility with multiple living spaces designed to adapt to your needs. The upper primary living space features one bedroom one bath complete with a full kitchen, large pantry and a wood burning fireplace in the living area which leads to the wraparound deck where you can smell the ocean and hear the waves while you're enjoying the view. There's an additional entrance upstairs with it's own deck. Downstairs includes two bedrooms, full bathroom, laundry room plus a versatile studio space with an additional bonus room offering flexibility for multigenerational living. Warm Craftsman woodwork adds character and charm throughout the home!!
A rare opportunity for those seeking serenity in the highly sought after Sunset Beach Community!!!
For sale
Price cut: $55K (4/10)
$1,495,000
1 Gray Way, Watsonville, CA 95076
2beds
2,480sqft
Single Family Residence, Residential
Built in 1967
5,097 Square Feet Lot
$1,451,800 Zestimate®
$603/sqft
$29/mo HOA
What's special
Full kitchenUpper primary living spaceOne bedroom one bathWraparound deckVersatile studio spaceLarge pantry
- 122 days |
- 1,243 |
- 53 |
Zillow last checked:
Listing updated:
Listed by:
Sugaree Sands 01737560 831-588-1302,
Coldwell Banker Realty 831-469-8000,
John Ribera 01913105 831-419-0502,
Coldwell Banker Realty
Source: MLSListings Inc,MLS#: ML82036162
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining room
- Features: NoFormalDiningRoom
Family room
- Features: NoFamilyRoom
Heating
- Fireplace(s), Other
Cooling
- None
Appliances
- Included: Washer/Dryer
- Laundry: In Utility Room
Features
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,480
- Total interior livable area: 2,480 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Carport, No Garage, Parking Area
- Carport spaces: 1
Features
- Stories: 2
Lot
- Size: 5,097 Square Feet
Details
- Parcel number: 04618318000
- Zoning: R-1-6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Gas: PublicUtilities
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $350 annually
Location
- Region: Watsonville
Financial & listing details
- Price per square foot: $603/sqft
- Tax assessed value: $144,518
- Annual tax amount: $2,558
- Date on market: 2/25/2026
- Listing agreement: ExclusiveRightToSell
Estimated market value
$1,451,800
$1.38M - $1.52M
$4,132/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Price change | $1,495,000-3.5%$603/sqft |
Source:  MLSListings Inc #ML82036162 Report a problem | ||
| 2/25/2026 | Listed for sale | $1,550,000$625/sqft |
Source: MLSListings Inc #ML82036162 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,558 +12.3% | $144,518 +2% |
| 2024 | $2,278 +2.2% | $141,684 +2% |
| 2023 | $2,228 +2.6% | $138,906 +2% |
| 2022 | $2,172 +12.8% | $136,182 +2% |
| 2021 | $1,926 +1.4% | $133,512 +1% |
| 2020 | $1,899 +9.9% | $132,142 +2% |
| 2019 | $1,727 -34.7% | $129,552 +2% |
| 2018 | $2,646 +7.8% | $127,010 +2% |
| 2017 | $2,454 +1.6% | $124,522 +2% |
| 2016 | $2,416 +2.4% | $122,080 +1.5% |
| 2015 | $2,359 +1.5% | $120,246 +2% |
| 2014 | $2,325 | $117,890 +2.5% |
| 2012 | -- | $115,055 +2% |
| 2011 | -- | $112,799 +0.8% |
| 2010 | -- | $111,956 -0.2% |
| 2009 | -- | $112,222 +2% |
| 2008 | -- | $110,021 +2% |
| 2007 | -- | $107,864 +2% |
| 2006 | -- | $105,749 +2% |
| 2005 | -- | $103,676 +2% |
| 2004 | -- | $101,643 +1.9% |
| 2003 | -- | $99,780 +2% |
| 2002 | -- | $97,824 +2% |
| 2001 | -- | $95,906 +2% |
| 2000 | -- | $94,026 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 95076
Nearby schools
GreatSchools rating
- 8/10Valencia Elementary SchoolGrades: K-6Distance: 6.7 mi
- 5/10Aptos Junior High SchoolGrades: 7-8Distance: 6.4 mi
- 8/10Aptos High SchoolGrades: 9-12Distance: 6 mi
Schools provided by the listing agent
- District: PajaroValleyUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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