14 Madonna Drive, Salinas, California 93906, Salinas, 93906 - 7 bed, 3 bath
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Salinas, California 93906
This 7-bedroom Single Family Residence represents a High-Potential Investment Opportunity, listed at $800,000—positioned well below the $817,016 Fair Market Value by 2%. This valuation gap offers $17,016 in Instant Equity. With a Condition Rating of 4, the property features a newer roof and exterior paint, though the interior offers significant value-add potential through modernization. Its expansive 9,500 sq ft lot and perimeter deck provide rare outdoor utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-capacity asset.
Property is moderate renovation needed.
Built in 1962, the property features a newer roof and exterior paint which aids its structural integrity. However, the interior is dated with tile countertops, older linoleum/carpet flooring, and basic fixtures that appear to be over 20 years old. While functional and move-in ready, the kitchen and bathrooms require modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9500, living area = 2162.
With 7 bedrooms, this property offers exceptional versatility for large families, multi-generational living, or potential rental income opportunities in a high-demand area.
The home features a newer roof and fresh exterior painting, significantly reducing immediate maintenance costs and providing peace of mind for the new owner.
Fitting 7 bedrooms into 2,162 square feet suggests that individual room sizes may be small, potentially limiting furniture layout and comfort.
The absence of a formal dining room may be a drawback for buyers who prioritize traditional hosting and dedicated spaces for large family meals.
This spacious 7-bedroom, 3-bath home in Salinas offers 2,162 sq ft of living space featuring a separate family room with a fireplace and an additional fireplace in the living room. The kitchen includes tile countertops and a gas oven range, with an eat-in layout but no formal dining room. Flooring throughout the home is a mix of carpet, laminate, and tile. Heating is provided by forced air and gas. Laundry facilities are conveniently located in the 2-car garage. This residence is part of the Salinas City Elementary school district. Located in North Salinas, close to Salinas Sports Complex, shopping, banks, dining, highway access, Natividad Hospital. This sprawling home features living room, family room, outdoor perimeter deck, huge backyard, and ample driveway parking. Newer roof and exterior painting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,162 | 1,621 |
| Lot Size | 9,500 | 7,100 |
| Price | $800.0K | $803.5K |
| Price per sq ft | $370 | $520 |
| Built year | 1962 | 1970 |
| HOA | $0 | $243 |
| Days on market | 76 | 45 |
May 7, 2026
$800,000
Initial Listing
Jul 12, 1995
$31,000
Public Record
Jul 12, 1995
$31,000
Public Record