
Salinas, California 93906
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $999,950—positioned well below the $1,150,000 Fair Market Value by 13%. This valuation gap offers $150,050 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home is well-maintained but offers significant upside for cosmetic modernization. With a massive half-acre lot, RV access, and a versatile loft, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11763 Augusta Drive Subject 3 bd · 2 ba · 2,337 sqft · $428 | $999,950* List Price | 3 | 2 | 2,337 | $428 | - |
A 743 Middlefield Road Sold 3 bd · 2 ba · 1,536 sqft · $540 · 0.9 mi | $830,000 | 3 | 2 | 1,536 | $540 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this home is exceptionally well-maintained but remains largely in its original state. The kitchen and bathrooms feature dated dark wood cabinetry, older tile work, and green carpeting, indicating no major renovations in over 20 years. While move-in ready, the property requires significant cosmetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20036, living area = 2337.
The nearly half-acre lot features a drive-through gate for large RV parking and three substantial storage sheds, including a 12x20 finished space, offering exceptional outdoor utility.
The 2,337 sq. ft. layout includes all bedrooms on the main floor with a spacious second-story loft, providing a flexible space perfect for a home office, den, or playroom.
With 185 days on the market and multiple price reductions from the original $1.15M listing, the property has faced challenges in aligning with buyer expectations or market value.
Built in 1974, the home may require cosmetic or system updates to compete with newer residential standards, despite being well-maintained by the current owners.
Don't miss seeing this beautiful 3 bedroom 2 bath well maintained home next to next to the Crazyhorse Golf Club. It looks like a two story home but all bedrooms are on the first floor. The second floor is a large loft that would make a great office, den, man cave or playroom. The entry way opens to a very spacious living room with a gas fireplace with beautiful views of the spacious backyard. Next to it is a large dining area large enough for a 10 person dining room table. The kitchen is also spacious and easily large enough for more than one chef in the family. Lots of counter space, a built in oven and microwave, a new dishwasher and so much more. There is also an informal dining area between the kitchen and entry way. The primary bedroom is also spacious having room for the largest bedroom furniture. There is a large drive through gate allowing you to have a large RV with room to spare. In the huge backyard there are 3 large storage sheds, one is a 12x20 built to be a man cave, another 12x12 and another slightly smaller. The front yard is set up with automatic sprinklers. The property comes with a riding mover making lawn care a breeze. This is located on a huge almost half acre lot with a huge backyard.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,337 | 1,582.189 |
| Lot Size | 20,036 | 6,844.911 |
| Price | $1000.0K | $805.1K |
| Price per sq ft | $428 | $518 |
| Built year | 1974 | 1974 |
| HOA | $0 | $210 |
| Days on market | 197 | 45 |
Sep 3, 2026
$999,950
$1,075,000
-7% Price Drop
Initial Listing
Aug 5, 2026
$1,075,000
$1,120,000
-4% Price Drop
Initial Listing
Jun 19, 2026
$1,120,000
$1,150,000
-3% Price Drop
Initial Listing
Apr 10, 2026
$1,150,000
Initial Listing