1022 Watson Ln

$950,000
Price
3
Beds
968 Sq. Ft.
$981 / Sq. Ft.
968
Sq. Ft.
$981
per Sq. Ft.

Description

Priced to Sell in Old Town! Tucked away on a quiet lane, this versatile Key West home offers unbeatable value and rare features including the only home in Old Town with a private pool under $1M. The main living space upstairs includes 1 bedroom, 1 bathroom, a full kitchen, dining room, and living room, all with a comfortable layout and great potential for easy modern updates to match your style. Step outside to enjoy your private deck, balcony, and inviting pool, perfect for relaxing or entertaining....Priced to Sell in Old Town! Tucked away on a quiet lane, this versatile Key West home offers unbeatable value and rare features including the only home in Old Town with a private pool under $1M. The main living space upstairs includes 1 bedroom, 1 bathroom, a full kitchen, dining room, and living room, all with a comfortable layout and great potential for easy modern updates to match your style. Step outside to enjoy your private deck, balcony, and inviting pool, perfect for relaxing or entertaining. Downstairs, a separate lock-out unit provides excellent flexibility with 2 bedrooms, 1.5 baths, and its own private entrance, ideal for guests or extended family. Additional highlights include a garage, a highly sought-after feature in Old Town, and an X flood zone location, meaning no flood insurance is required in most cases. With its rare amenities, flexible layout, quiet setting, and opportunity to add your personal touch, this property is a standout find. Create your ideal Old Town retreat or income-producing getaway!
  1. Listed by Nick Norman • Island Life Realty Experts

Property Details for 1022 Watson Lane

Waterfront
None
Waterfront
No
Zoning
HMDR - Historic Medium Density Residential
Subdivision
Gwynn Sub (1.0)
Vehicle Storage
Garage
Pets
Pets Allowed
LISTING UPDATED: 12/29/2025 03:42 PM

Property Details for 1022 Watson Lane

StatusActive
MLS #617812
Days on Market7
Taxes$3,592 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1934
Lot Size0.04 AC / 1,535 SF
CountyMonroe County

Location

Listing Courtesy of Island Life Realty Experts
Add your commute

Building Information for 1022 Watson Lane

Stories2Year Built1934Building Size-Lot Size0.04 AC / 1,535 SF

Payment Calculator

$4,994 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,694

Property Taxes

$299

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1022 Watson Lane

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 02 - Key West
  • Absolute Longitude: 81.79173
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Ocean
  • KW Neighborhood: Old Town-S of Truman
  • Mile Marker: 1.0
  • Marathon Neighborhood: N/A
  • Key/Island: Key West
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Furnished: Unfurnished
  • Tax Year: 2025
  • Tax Exemptions: Homestead
Property
Lot Information
  • Acres: 0.04
  • Parcel #: 00032610-000100
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: KW GWYNN SUB PT LOT 19 SQR 1 TR 13 OR876-2010 OR1121-1508 OR1121-806 OR1142-1001 OR1142-1005 OR1171-511 OR1425-1418 OR14
  • MLS Approved: Y
  • SqFt Source: Tax Records
  • Flood Zone: X
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 22
  • Document Count: 0
  • Building Style: Above Flood: Yes
  • Title: Negotiable
Utilities
  • Utilities: FKAA, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Handicap Access: No
  • Pool Info: In Ground, Decked, Concrete
  • Porch/Balcony: Open Porch/Balcony, Deck
Interior and Exterior Features
Interior Features
  • Floor: Wood
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Shutters: Other
  • Construction: Frame
  • Dockage: None
  • Exterior Features: Privacy Wall/Fence, Water Display, Storage
  • Windows/Doors: Single Hung Windows, French Doors
Room Information
Room 1 Information
  • Room Type: Full Bathroom
  • Level: 2
Room 2 Information
  • Room Type: Bedroom 1
  • Level: 2
Room 3 Information
  • Room Type: Living Room
  • Level: 2
Room 4 Information
  • Room Type: Kitchen
  • Level: 2
Room 5 Information
  • Room Type: Dining Room
  • Level: 2
Room 6 Information
  • Room Type: Bedroom 2
  • Level: M
Room 7 Information
  • Room Type: Bedroom 3
  • Level: M
Room 8 Information
  • Room Type: Full Bathroom
  • Level: M
Room 9 Information
  • Room Type: Half Bathroom
  • Level: M

Property History for 1022 Watson Lane

DateEvent & SourcePriceAppreciation
Dec 22, 2025

Listed (Active)

FKMLS #617812

$950,000
Aug 1, 2006

Sold

FKMLS #101946

$700,000
Aug 1, 2006

Pending

FKMLS #101946

Jul 21, 2006

Sold (Public Record)

Public Record #200825157

$700,000
Mar 20, 2006

Temp Off Market

FKMLS #100417

Mar 20, 2006

Listed (Active)

FKMLS #101946

$750,000
Feb 3, 2005

Listed (Active)

FKMLS #100417

$975,000
Aug 31, 1999

Sold

FKMLS #420214

$320,000
Aug 31, 1999

Sold

FKMLS #415372

$320,000
Jul 15, 1999

Listed (Active)

FKMLS #420214

$335,000
Jul 15, 1999

Listed (Active)

FKMLS #415372

$335,000
Jul 2, 1999

Expired

FKMLS #412857

Jan 1, 1999

Listed (Active)

FKMLS #412857

$327,500
Aug 29, 1997

Sold

FKMLS #403476

$280,000
Nov 16, 1996

Listed (Active)

FKMLS #403476

$325,000
DateEvent & SourcePrice
12/22/2025

Listed (Active)

FKMLS #617812

$950,000
08/01/2006

Sold

FKMLS #101946

$700,000
08/01/2006

Pending

FKMLS #101946

07/21/2006

Sold (Public Record)

Public Record #200825157

$700,000
03/20/2006

Temp Off Market

FKMLS #100417

03/20/2006

Listed (Active)

FKMLS #101946

$750,000
02/03/2005

Listed (Active)

FKMLS #100417

$975,000
08/31/1999

Sold

FKMLS #420214

$320,000
08/31/1999

Sold

FKMLS #415372

$320,000
07/15/1999

Listed (Active)

FKMLS #420214

$335,000
07/15/1999

Listed (Active)

FKMLS #415372

$335,000
07/02/1999

Expired

FKMLS #412857

01/01/1999

Listed (Active)

FKMLS #412857

$327,500
08/29/1997

Sold

FKMLS #403476

$280,000
11/16/1996

Listed (Active)

FKMLS #403476

$325,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1022 Watson Lane

Taxable ValueLand-Additions-Total-
Tax Record2024$3,416 ($285 / month)
Home Facts
Beds2Baths1Total Finished SqFt968 SqFtAbove Grade Finished SqFt968 SqFtStories2Lot Size1,526 SqFtStyleSingle Family ResidenceYear Built1934Year Renovated2011CountyMONROEAPN00032610-000100

Schools near 1022 Watson Lane

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - PK to 8
Public - 8 to 12
Rating
School
Distance
Horace O'bryant School
PublicPK to 8

Key West High School
Public9 to 12

May Sands Montessori School
CharterPK to 8

Keys Center
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1022 Watson Lane is a single family home for sale in Key West, FL 33040. This property was listed for sale on December 22, 2025 by Island Life Realty Experts, it's currently listed at $950,000. It has been on the market for a total of 7 days and was last sold on August 1, 2006. This listing's school district is Monroe. Nearby schools include Horace O'bryant School, Key West High School and May Sands Montessori School. 1022 Watson Lane is a 3-bed, 3-bath, 968 sqft single family home built in 1934.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Island Life Realty Experts

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.