20091 Portola Drive, Salinas, California 93908, Salinas, 93908 - 3 bed, 2 bath
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Salinas, California 93908
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $925,000—positioned well below the $942,000 Fair Market Value by 1.8%. This valuation gap offers $17,000 in Instant Equity. With a Condition Rating of 4, the home is move-in ready but invites cosmetic modernization. Key features include an expansive 11,552 sq. ft. lot, mountain views, and a 256 sq. ft. detached bonus room with ADU potential. This property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Property is moderate renovation needed.
Built in 1971, the home is functional and move-in ready due to fresh interior/exterior paint and new carpeting. However, the kitchen and bathrooms are significantly dated, featuring original-style wood cabinetry, tile countertops, and older parquet flooring that exceed the 20-year threshold for modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11552, living area = 1462.
The property features a generous 11,552 sq. ft. level lot with a private backyard, fruit trees, and dedicated space for RV or boat parking, offering rare versatility for the area.
A 256 sq. ft. detached bonus room provides immediate value as a workshop, studio, or gym, with the potential for conversion into an ADU to increase property value.
Despite fresh paint and new carpeting, the 1971 construction and invitation for 'personal touches' suggest that core areas like the kitchen and bathrooms may require further capital investment to modernize.
With 27 days on the market and a recent price reduction from the original list price, the property is currently navigating market resistance regarding its initial valuation.
Location, location, location! Nestled in the desirable Serra Village community just off Highway 68, this single-level home offers 3 bedrooms, 2 bathrooms, and 1,462 square feet of living space on an expansive 11,552 square foot lot. Freshly painted inside and out, with new carpeting throughout. Move right in while adding your personal touches. Enjoy a highly sought-after floor plan featuring hillside and mountain views, abundant Toro sunshine, and a spacious, private backyard that is fully fenced and level. The oversized lot includes convenient RV or boat parking. A detached 16' x 16' (256 sq. ft.) bonus/hobby room, perfect for a workshop, studio, gym, or possible ADU (check with county). Many fruit trees in the backyard. Ideally located with easy access to Highway; 68, this property offers the perfect blend of privacy, space, and opportunity. Optional HOA membership available. Move in and make it your own!
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 | 1,462 | 1,621 |
| Lot Size | 11,552 | 7,100 |
| Price | $925.0K | $803.5K |
| Price per sq ft | $633 | $520 |
| Built year | 1971 | 1970 |
| HOA | $0 | $243 |
| Days on market | 42 | 45 |
Jul 4, 2026
$925,000
$942,000
-2% Price Drop
Initial Listing
Jun 10, 2026
$942,000
Initial Listing
Aug 15, 2019
$679,000
Public Record
May 31, 2000
$359,500
Public Record