2398 N Main Street A, Salinas, California 93906, Salinas, 93906 - 3 bed, 2 bath
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Salinas, California 93906
This rare 3-bedroom condominium presents a Strong Value Opportunity, listed at $450,000—positioned well below the $471,208 Fair Market Value by 4%. This valuation gap offers $21,208 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the unit offers a functional, single-level layout with a pleasant lagoon view and community pool access. While the interior reflects its 1980 origins, the scarcity of 3-bedroom floor plans in this community makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2398 N Main Street A Subject | $450,000* List Price | 3 | 2 | 1,244 | $379 | - |
A 2400 N Main Street F Sold | $368,000 | 1 | 1 | 820 | $449 | 0.0 mi |
B 2412 N Main Street G Sold | $395,000 | 2 | 2 | 932 | $424 | 0.1 mi |
C 2392 N Main Street E Sold | $337,000 | 1 | 1 | 820 | $411 | 0.0 mi |
D 2422 N Main Street F Sold | $425,000 | 2 | 2 | 1,150 | $370 | 0.1 mi |
E 2402 N Main Street C Active | $419,700 List Price | 2 | 1 | 932 | $450 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980 (44 years old), the property is well-maintained but largely dated. While one bathroom features a modern tile renovation (likely <10 years), the kitchen remains dated with older cabinetry, fluorescent lighting, and laminate countertops. The unit is move-in ready, but the age of the kitchen and original systems place it in the Fair category.
Three-bedroom units in the Village North Lagoon community are exceptionally rare; this ground-floor, single-level floor plan offers accessibility and space that is seldom available on the market.
The property offers a high level of convenience and safety with 24-hour security, a seasonal community pool, and professionally maintained grounds included in the resident experience.
Ideally situated for commuters and families, the home provides easy access to Highway 101 and is within close proximity to major shopping centers, dining, and local schools.
The monthly HOA fee of $832 is notably high relative to the list price, which may affect debt-to-income ratios for financing and increase the overall cost of ownership.
Built in 1980, the property may require modernization or cosmetic upgrades to compete with newer developments or renovated units in the area.
Welcome to this rare opportunity to own a desirable 3-bedroom, 2-bathroom, single-level home in the sought-after Village North Lagoon community in Salinas. Offering the convenience of a ground-floor location with no stairs, this home features a spacious and functional floor plan designed for comfortable everyday living. The inviting living room is centered around a cozy gas-burning fireplace, perfect for chilly evenings, while the separate family room and dedicated dining area provide ample space for relaxing and entertaining. An indoor laundry area adds everyday convenience. Residents enjoy access to a seasonal community pool, beautifully maintained grounds, and the peace of mind of 24-hour security. Three-bedroom homes in Village North Lagoon are exceptionally rare, with none having been offered for sale in years. Don't miss this unique opportunity to own one of the community's most desirable floor plans in a convenient North Salinas location close to shopping, dining, schools, and Highway 101.
No exterior & parking available.
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,244 | 1,135.5 |
| Lot Size | - | 1,340.5 |
| Price | $450.0K | $444.9K |
| Price per sq ft | $362 | $430 |
| Built year | 1980 | 1979 |
| HOA | $832.0 | $522 |
| Days on market | 5 | 74 |
Jul 17, 2026
$450,000
Initial Listing
Mar 26, 2020
$287,000
Public Record
Mar 30, 2017
$227,000
Public Record
Aug 26, 2015
$180,000
Public Record
Jun 10, 2009
$81,000
Public Record
Dec 30, 2005
$379,000
Public Record
Oct 30, 1998
$119,000
Public Record