15480 Oak Hills Drive, Salinas, California 93907, Salinas, 93907 - 3 bed, 2 bath
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Salinas, California 93907
This property presents a High-Potential Investment Opportunity with a List Price of $729,000—positioned well below the $735,893 Fair Market Value by 0.94%. This valuation gap offers $6,893 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full renovation, yet the expansive 15,246 sqft lot and wide-open views provide a rare canvas for value-add projects. This is a fixer-upper asset ideal for Fix-and-Flip Investors or Contractors seeking to maximize ROI through strategic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15480 Oak Hills Drive Subject | $729,000* List Price | 3 | 2 | 1,800 | $408 | - |
A 9460 S Century Oak Road Sold | $700,000 | 3 | 2 | 1,602 | $437 | 0.3 mi |
B 15084 Green Oak Place Sold | $815,000 | 3 | 2 | 1,770 | $460 | 0.4 mi |
C 9525 S Century Oak Road Sold | $805,000 | 3 | 2 | 1,925 | $418 | 0.3 mi |
D 15175 Oak Hills Drive Sold | $800,000 | 3 | 2 | 1,770 | $452 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1968 and explicitly marketed as a fixer-upper, the property shows significant age with a dated kitchen, original wood paneling, and aging systems. The listing description confirms it needs a 'rewarding project' and 'imagination,' indicating a need for a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15246, living area = 1800.
Situated on a substantial 15,246 sqft lot, this property offers a peaceful rural atmosphere with wide-open views, providing rare privacy and ample outdoor space for a country lifestyle.
As a fixer-upper with a spacious 1,800 sqft floorplan, this home presents a prime opportunity for investors or buyers looking to build equity through personalized renovations and modernization.
The property is explicitly marketed as a fixer-upper, meaning it will require a significant additional investment of time and capital to address deferred maintenance and bring it to move-in condition.
Built in 1968, the home likely features original systems and finishes that may not meet modern energy efficiency standards or building codes, necessitating potentially costly upgrades.
A country charmer with endless potential nestled in a peaceful rural setting. +This 3-bedroom 2 bath home is ready and waiting for its next chapter. Featuring a spacious floorplan, country charm, and plenty of room to make it your own, this property offers a wonderful opportunity for buyers looking to add their personal touch. Enjoy the tranquility of country living, wide-open views, and the chance to create the home you've always envisioned. whether you're an investor, first time buyer, or someone looking for a rewarding project, this fixer upper is packed with potential and value. Bring your imagination and make this country gem shine once again.
No exterior & parking available.
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,800 | 1,621 |
| Lot Size | 15,246 | 7,100 |
| Price | $729.0K | $803.5K |
| Price per sq ft | $405 | $520 |
| Built year | 1968 | 1970 |
| HOA | $0 | $243 |
| Days on market | 33 | 45 |
Jun 19, 2026
$729,000
Initial Listing
Aug 31, 2001
$275,000
Public Record