20382 Franciscan Way, Salinas, California 93908, Salinas, 93908 - 4 bed, 3 bath
Loading property details...
20382 Franciscan Way
Salinas, California 93908
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,284Sq Ft
9,938Lot Size
Property Price
LIST PRICE$1,399,000
EST. MARKET VALUE
$1,399,000
SUMMARY
This Immaculate Single Family Residence is a Strong Value Opportunity, listed at $1,465,000—positioned well below the $1,478,392 Fair Market Value by 0.9%. This valuation gap offers $13,392 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Gourmet Thermador Kitchen, Milgard Windows, and a private backyard with a Custom BBQ Island. Located in the sunbelt Toro Sunshine community near Top-Rated Elementary Schools, this property is an ideal choice for Owner-Occupants or discerning families seeking a turnkey, high-lifestyle sanctuary.
Estimated Market Value
$1,399,000
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 |
|---|---|---|---|---|---|---|
★ 20382 Franciscan Way Subject 4 bd · 3 ba · 2,284 sqft · $613 | $1,399,000* List Price | 4 | 3 | 2,284 | $613 | - |
A 22700 Picador Drive Sold 4 bd · 3 ba · 2,972 sqft · $530 · 0.3 mi | $1,575,000 | 4 | 3 | 2,972 | $530 | 0.3 mi |
B 22484 Estoque Place Active 4 bd · 3 ba · 2,474 sqft · $645 · 0.5 mi | $1,595,000 List Price | 4 | 3 | 2,474 | $645 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1992 (32 years old), the home is exceptionally well-maintained and move-in ready. It features high-end kitchen upgrades including a Thermador range and granite counters, along with updated Milgard windows and flooring. While the oak cabinetry and bathroom tile work are aesthetically dated, the systems and overall condition are immaculate.
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 = 9938, living area = 2284.
- Exceptional Outdoor Living
The expansive 9,938 sq ft lot offers ultimate privacy with no rear neighbors and features a premium outdoor kitchen equipped with a Wolf BBQ, Santa Maria grill, and dual fire pits.
- High-End Interior Upgrades
The home boasts significant quality improvements, including a gourmet kitchen with Thermador appliances, Milgard windows, and a primary suite featuring a standalone soaking tub and dual shower heads.
CONSRISKS & DEFICIENCIES
- Market Stagnation
With 51 days on the market and a recent price reduction from the original list price, the property may be struggling to meet current buyer valuation expectations in the local segment.
- High School Rating
While the elementary and middle schools serve the area well with high ratings, the assigned Salinas High School has a lower rating of 5, which may be a concern for education-focused families.
About 20382 Franciscan Way
$100,000 price reduction. MOTIVATED SELLERS. BRING OFFERS. A private retreat in the sunbelt community of Toro Sunshine, this home sits on a approximate 9938 sq ft lot, backing to mature trees with no neighbors behind and rolling hills beyond, ideal for entertaining. This immaculate home boasts abundant natural light, an open concept and functional layout. There are 4 bedrooms & 3 full baths, 1 bed and 1 bath on the main level (bedroom currently used as an office), plus a 3-car garage and walking distance to neighborhood parks, Fort Ord and Toro County Park. The all-gas kitchen features a Thermador range, granite counters, cabinetry with custom pull-outs, a walk-in pantry, and reverse osmosis. Milgard windows and updated flooring upstairs. The primary suite offers vaulted ceilings, a walk-in closet, a standalone soaking tub, and a separate shower with dual shower heads. Enjoy pellet and gas stove inserts in the living areas. The large backyard has a custom BBQ island with Santa Maria grill, Wolf BBQ, and gas and wood-burning fire pits.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 9,938 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Salinas Unified Schools
Toro Park Elementary School
Grades K-3 • 0.2 mi
7/10
Spreckels Elementary School
Grades K-5 • 3.1 mi
7/10
Washington Elementary School
Grades 4-5 • 5.2 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,284 | 1,582.189 |
| Lot Size | 9,938 | 6,844.911 |
| Price | $1.40M | $805.1K |
| Price per sq ft | $613 | $518 |
| Built year | 1992 | 1974 |
| HOA | $0 | $210 |
| Days on market | 92 | 45 |
Pricing History
Listed for Sale
Oct 22, 2026
$1,399,000
$1,445,000
-3% Price Drop
Initial Listing
Price Change
Oct 4, 2026
$1,445,000
$1,465,000
-1% Price Drop
Initial Listing
Price Change
Sep 3, 2026
$1,465,000
$1,495,000
-2% Price Drop
Initial Listing
Price Change
Jul 24, 2026
$1,495,000
Initial Listing
Sold
Aug 5, 2022
$1,285,000
Public Record