
Salinas, California 93906
This Value-Add California Ranch is a Strong Value Opportunity, listed at $599,999—positioned well below the $627,674 Fair Market Value by 4%. This valuation gap provides $27,675 in Instant Equity for buyers. While maintaining a Condition Rating of 4, the home features significant energy upgrades including paid-off solar panels and dual-pane windows. Located near the top-rated North Salinas High School, the functional layout offers a primary suite with a covered patio and private backyard access. This is an ideal acquisition for Owner-Occupants or first-time buyers looking to build wealth through light cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 212 Columbine Subject | $599,999* List Price | 3 | 2 | 1,247 | $503 | - |
A 344 Pueblo Drive Sold | $582,000 | 3 | 2 | 1,172 | $497 | 0.7 mi |
B 208 Diablo Drive Sold | $660,000 | 3 | 1 | 1,112 | $594 | 0.6 mi |
C 108 Gardenia Drive Sold | $581,000 | 3 | 2 | 1,133 | $513 | 0.3 mi |
D 1445 Amador Circle Sold | $553,000 | 3 | 2 | 1,296 | $427 | 0.9 mi |
E 217 Iris Drive Active Under Contract | $675,000 List Price | 3 | 2 | 1,498 | $451 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959 and described as a 'light cosmetic fixer,' the property is dated and requires minor updates to the kitchen and bathrooms. While the age is significant, the inclusion of solar panels and upgraded dual-pane windows indicates the systems have been partially maintained, keeping it out of the poor/rehab category.
The property includes solar panels that will be fully paid off by the seller at closing, paired with upgraded dual-pane windows and sliders for significant utility cost savings.
This California ranch-style home features a desirable floor plan, including a spacious primary suite with a private ensuite and direct access to the outdoor living space.
The home is ideally situated within walking distance to shopping, dining, parks, and schools, offering excellent convenience and easy freeway access for commuters.
Identified as a light cosmetic fixer, the property requires immediate investment in aesthetic updates and renovations to reach its full market potential.
Built in 1959, the home may have aging mechanical or structural components that require thorough inspection and potential modernization beyond simple cosmetics.
Bring your vision and inspiration to this light cosmetic fixer with incredible potential. This three-bedroom, two-bathroom California ranch-style home offers excellent flow and functionality throughout. The generously sized primary suite features a private ensuite and direct access to the backyard, where you’ll find a pergola, covered patio, and just the right amount of green space to complete your ideal outdoor lifestyle. The secondary bedrooms are well-proportioned with ample closet space. Additional highlights include solar panels to be paid off by the seller at the close of escrow, as well as upgraded dual-pane windows and sliders for improved energy efficiency and cost savings. The home also offers convenient kitchen access to the oversized attached two-car garage, complete with laundry area. Ideally located near walkable shopping, dining, parks, schools and easy freeway access, this home combines comfort, convenience, and opportunity.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,247 | 1,353 | 37% |
| Lot Size | 6,000 | 6,000 | 50% |
| Price | $600.0K | $705.0K | 14% |
| Price per sq ft | $481 | $503 | 39% |
| Built year | 1959 | 1975 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 152 | 1% |
Apr 21, 2026
$599,999
Initial Listing