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211 Smith Road — Watsonville — 4 Beds • 3 Baths • 1,340 Sq Ft | Belmont Brokerage

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$3,750,000

$2,799/ft²

211 Smith Rd, Watsonville, CA 95076

Property Description

A private estate setting just minutes from downtown Watsonville. The Hackamack Ranch has been in the family for over 70 years and is now ready for a new owner and new memories. 51 plus acres with two single level homes that can be remodeled into a family compound or the place holders while you design your estate over looking your own 5 acres of spring fed ponds, 8 acre Olive Grove and 5 acres of mature varietal grapes. Not to be missed are the views of the Pajaro Valley and coastal sunsets. The ranch is adjacent to the Spring Hill Golf course and shares over 1,500 feet of frontage. The options are boundless. Hike your acreage. Float or fish on one of your private ponds. Take a stroll down the hill to the golf course and enjoy a around of golf or lunch with friends. The family is the third generation to call the Hackamack Ranch home and have watched it evolve over the years. From cattle to horses and the building of the 2 ponds, each covering over 2.5 acres and used to irrigate the olive grove and grapes vines. The property has evolved into one of the most unique opportunities available. Bring your good hiking shoes and take a stroll into the ranches past and your future.

Listing provided by: Robert BaileyDRE #00483155831-688-7434 rbailey@baileyproperties.com, Bailey Properties

MLS #: ML82057317

FLIP & EXPANSION SIMULATORJACKPOT FLIP

Simulate profit based on remodel ($140/sf) & addition ($180/sf)

+$1.30M

+101.7% ROI

Rehab + Add$251K

Est. ARV$5580K

Est. Profit+$1.30M

Proj. ROI102%

Sqft to Add (Expansion / ADU)+350 sqft (1,690 total sf)

Remodel Rate (Existing Space)$140/sqft ($188K total)