
Salinas, California 93908
This Premium Greenbelt Residence is a Prime Investment Opportunity listed at $1,574,900—positioned well below the $1,617,383 Fair Market Value by 2%. This valuation provides $42,483 in Instant Equity for a property boasting a Condition Rating of 3. Featuring a Gourmet Kitchen with Thermador appliances, a specialized wine bar, and a sunroom overlooking Toro Park, the home offers a turnkey lifestyle. Located near Top-Rated Schools like Toro Park Elementary, it is the perfect fit for growing families or Owner-Occupants seeking luxury and nature.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22700 Picador Drive Subject | $1,574,900* List Price | 4 | 3 | 2,972 | $544 | - |
A 20435 Franciscan Way Sold | $1,350,000 | 4 | 3 | 2,284 | $591 | 0.3 mi |
B 22720 Picador Drive Sold | $1,290,000 | 5 | 3 | 2,111 | $611 | 0.2 mi |
C 22276 Veronica Drive Sold | $1,500,000 | 4 | 3 | 2,360 | $636 | 0.4 mi |
D 22810 Bravo Place Active Under Contract | $1,175,000 List Price | 4 | 2 | 1,930 | $609 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant high-end updates. The gourmet kitchen features premium Thermador appliances, granite countertops, and custom cabinetry, while the bathrooms have been modernized with contemporary fixtures and a freestanding tub. Although originally built in 1965, the home has undergone extensive renovations in key areas including the sunroom and flooring, showing pride of ownership and well-maintained systems.
Situated on a verdant knoll bordering Toro Park, the property offers direct access to scenic nature trails while remaining insulated from public foot traffic, providing a rare blend of convenience and privacy.
The high-end kitchen features a six-burner Thermador gas range, granite countertops, and a specialized bar area with three wine refrigerators, making it an ideal space for culinary enthusiasts and entertaining.
The home boasts unique design elements including sloped wood ceilings, stone accent walls, and a bright sunroom with wall-to-wall windows that maximize natural light and views of the backyard.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9000, other record lot size in square feet = 8898.
The property has experienced over 70 days on the market and multiple price reductions from its original $1.724M listing, suggesting initial overpricing or difficulty in attracting qualified buyers at the current valuation.
Built in 1965, the home may require significant updates to its core systems or non-remodeled areas to meet the expectations of modern luxury buyers looking for contemporary efficiency.
A high verdant knoll curves against the bright blue skies over Toro Park Estates, forming the backdrop of this two-story property that sits right on the greenbelt. Bordering one of the region's most beloved nature parks, it offers proximity to trails without actually being on a trail, so you can enjoy the access while staying insulated from visiting hikers. Spend hours walking scenic paths that take you across rolling hillsides and alongside pastures where spring lambs run and leap clumsily through the grass. Back home, kick back in spacious rooms that support both privacy and camaraderie. A fireplace with a wall-length stone facade anchors a living room with big picture windows. The formal dining room connects to the heart of the home: a gourmet kitchen with a six-burner Thermador gas range, stainless steel appliances, wood cabinetry, and a center island with speckled granite countertops. A separate bar with three wine refrigerators and glass-front cabinets was built with the connoisseur in mind. Pour a glass of your favorite red as you make your way to an added sunroom with a bonus den. Sloped wood ceilings, offset beautifully by a stone accent wall, lend height and rustic character, while wall-to-wall windows fill the room with light and invite views of an enclosed backyard.
No exterior & parking available.
Grades K-3 • 0.2 mi
Grades 4-5 • 5.0 mi
Grades 6-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,972 | 2,207 | 76% |
| Lot Size | 9,000 | 15,500 | 31% |
| Price | $1.57M | $1.16M | 76% |
| Price per sq ft | $530 | $541 | 47% |
| Built year | 1965 | 1981 | 20% |
| HOA | $75.0 | $145 | 47% |
| Days on market | 51 | 183 | 18% |
Apr 7, 2026
$1,574,900
$1,630,000
-3% Price Drop
Initial Listing
Mar 25, 2026
$1,630,000
$1,724,000
-5% Price Drop
Initial Listing
Mar 2, 2026
$1,724,000
Initial Listing
May 31, 2002
$575,000
Public Record