
Salinas, California 93905
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $725,000—positioned well below the $738,481 Fair Market Value by 1.8%. This valuation gap offers $13,481 in Instant Equity for the buyer. The property maintains a Good Condition Rating, featuring recent interior/exterior paint, new carpets, and 100% owned solar panels. With an expansive rear yard and distant mountain views, this home balances modern efficiency with lifestyle comfort. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1259 Summit Drive Subject 4 bd · 2 ba · 1,549 sqft · $477 | $725,000* List Price | 4 | 2 | 1,549 | $477 | - |
A 85 Paloma Avenue Sold 4 bd · 2 ba · 1,564 sqft · $447 · 0.8 mi | $699,000 | 4 | 2 | 1,564 | $447 | 0.8 mi |
B 15 Rincon Avenue Sold 4 bd · 3 ba · 1,909 sqft · $380 · 0.6 mi | $725,000 | 4 | 3 | 1,909 | $380 | 0.6 mi |
C 838 Caribbean Avenue Sold 3 bd · 2 ba · 1,599 sqft · $369 · 0.9 mi | $590,000 | 3 | 2 | 1,599 | $369 | 0.9 mi |
D 85 Paloma Avenue Sold 4 bd · 2 ba · 1,896 sqft · $349 · 0.8 mi | $662,500 | 4 | 2 | 1,896 | $349 | 0.8 mi |
E 117 Magnolia Drive Sold 3 bd · 2 ba · 1,273 sqft · $511 · 0.9 mi | $650,000 | 3 | 2 | 1,273 | $511 | 0.9 mi |
F 747 Pino Way Sold 3 bd · 2 ba · 1,390 sqft · $511 · 1.0 mi | $710,000 | 3 | 2 | 1,390 | $511 | 1.0 mi |
G 633 Saint George Drive Sold 3 bd · 2 ba · 1,121 sqft · $586 · 0.3 mi | $657,055 | 3 | 2 | 1,121 | $586 | 0.3 mi |
H 1332 Alma Avenue Pending 3 bd · 2 ba · 1,368 sqft · $489 · 0.7 mi | $669,000 List Price | 3 | 2 | 1,368 | $489 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1955, the property is well-maintained and move-in ready due to recent cosmetic and system upgrades. Key improvements include brand new interior/exterior paint, new carpets, and new vinyl windows. Significant value is added by 100% owned solar panels and a 2025 water treatment system. While the kitchen cabinets and backyard concrete are dated, the overall condition meets the functional requirements for a 'Good' rating.
The property features 100% owned solar panels and a brand-new 2025 whole-house water treatment system, offering significant long-term utility savings and modern infrastructure value.
Recent interior and exterior painting, new carpets, and vinyl windows showcase the home's unique open-beam ceilings, providing a move-in-ready experience with mid-century character.
The home sits on a 6,600 sqft lot featuring an expansive rear yard, providing ample space for outdoor entertaining, gardening, or potential future ADU development.
Originally built in 1955, the property may have aging core systems common to the era that could require future maintenance or modernization beyond the recent cosmetic updates.
With four bedrooms configured within 1,549 square feet, individual room sizes may feel constrained, potentially limiting furniture layouts for larger families.
Welcome to this large and functional 4 bedroom, 2 full bath single level house with living room and separate family room area. The brand new interior and exterior painting really showcase this properties open beam ceilings and natural beauty. The owner recently installed vinyl windows in the bedrooms and new carpets & padding in living areas. As an added bonus, the home comes with 100% owned solar panels for added savings on your electricity bill. In addition, there is newer whole house water treatment system that was installed in 2025. The living room also has newer built in shutters on the windows. Lastly but not least, this home comes with an expansive rear yard.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,549 | 1,582.189 |
| Lot Size | 6,600 | 6,844.911 |
| Price | $725.0K | $805.1K |
| Price per sq ft | $468 | $518 |
| Built year | 1955 | 1974 |
| HOA | $0 | $210 |
| Days on market | 12 | 45 |
Oct 12, 2026
$725,000
Initial Listing