15815 Verde Drive, Salinas, California 93907, Salinas, 93907 - 3 bed, 2 bath
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15815 Verde Drive
Salinas, California 93907
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,400Sq Ft
21,320Lot Size
Property Price
LIST PRICE$819,000
EST. MARKET VALUE
$860,467
4% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $819,000—positioned well below the $860,467 Fair Market Value by 4%. This valuation gap offers $41,467 in Instant Equity. Featuring a Complete Modern Remodel, Panoramic Mountain Views, and a Private Deck with Hot Tub, the home maintains an Excellent Condition Rating. Located in the North Monterey County Unified district, this property is an ideal sanctuary for Owner-Occupants or commuters seeking a move-in ready lifestyle.
Estimated Market Value
$860,467+$41,467 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Salinas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15815 Verde Drive Subject 3 bd · 2 ba · 1,400 sqft · $615 | $819,000* List Price | 3 | 2 | 1,400 | $615 | - |
A 6970 Lakeview Drive Sold 3 bd · 2 ba · 1,446 sqft · $577 · 0.1 mi | $835,000 | 3 | 2 | 1,446 | $577 | 0.1 mi |
B 6870 Lakeview Drive Sold 3 bd · 2 ba · 1,606 sqft · $486 · 0.1 mi | $780,000 | 3 | 2 | 1,606 | $486 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1973, the property has undergone a complete modern remodel within the last few years. The kitchen features updated stone counters and a butcher block island, while both bathrooms have been fully renovated with new tile, vanities, and fixtures. The addition of a 240v EV charger and the mint condition of the interior flooring and finishes meet the criteria for a recent high-quality renovation.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21320, living area = 1400.
- Turn-Key Modern Remodel
The home has been completely updated with a contemporary open floor plan, featuring a chef's kitchen with stone counters and a butcher block island, alongside fully renovated bathrooms.
- Exceptional Outdoor Living
The elevated lot provides stunning valley and mountain views, complemented by a large private deck, a master-suite hot tub, and a versatile flat backyard space for recreation.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At 1,400 square feet, the interior living space is relatively modest for a three-bedroom home, which may feel compact for larger families or those requiring expansive rooms.
- 1970s Structural Vintage
Despite the extensive interior cosmetic renovations, the 1973 construction date suggests that some underlying structural elements or systems may be nearing the end of their typical lifespan.
About 15815 Verde Drive
Highly sought after community of Paradise Lake Estates! 3 Bedroom 2 Bath home is elevated so it has incredible valley and mountain views! Home has been completely remodeled and has a wonderful open floor plan. Kitchen has a butcher block island, stone counters, and a natural gas stove. The master bath has a shower and a large soaking tub, tile floor and a new vanity. Hall Bathroom has a large tiled shower, tile floor and a new vanity. Large private deck in the backyard is perfect for gatherings with family and friends. Hot tub off the master bedroom. Home has a great flat space in the backyard that is perfect for gardening or sports or storage. Home is equipped with a 240v electric car charger. Just a few minutes to the 101 and a short commute to Monterey and Santa Cruz.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 21,320 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Salinas Unified Schools
North Monterey County High School
Grades 9-12 • 2.8 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,400 | 1,582.189 |
| Lot Size | 21,320 | 6,844.911 |
| Price | $819.0K | $805.1K |
| Price per sq ft | $585 | $518 |
| Built year | 1973 | 1974 |
| HOA | $0 | $210 |
| Days on market | 5 | 45 |
Pricing History
Listed for Sale
Oct 19, 2026
$819,000
Initial Listing
Sold
Jan 24, 2017
$415,000
Public Record
Sold
Aug 6, 2013
$404,000
Public Record
Sold
Nov 21, 1997
$175,500
Public Record