
Salinas, California 93908
This Value-Add Residential Asset is listed at $1,395,000, located in the prestigious Markham Ranch community. The property holds a Fair Condition Rating, presenting a "blank canvas" in original 1989 condition primed for modernization and forced appreciation. Spanning a 2,649 sqft floor plan, the home features a functional layout with a private deck and patio overlooking hillside and greenbelt views. While the list price is above the $1,216,072 Fair Market Value, the community's history of higher-value sales makes this a strategic acquisition for Value-Add Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25683 Meadowview Court Subject | $1,395,000* List Price | 3 | 3 | 2,649 | $459 | - |
A 25603 Creekview Circle Sold | $1,730,000 | 4 | 3 | 2,654 | $652 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in mostly original 1989 condition and requires cosmetic modernization. While well-maintained, it features dated elements such as stained carpeting, white tile countertops with grout lines, pickled oak cabinetry, and pink marble fireplace surrounds. The listing description explicitly identifies the home as a 'blank canvas' ready for updates, which aligns with the 'fair' criteria for homes built 25-40 years ago without major renovations.
Situated on a quiet cul-de-sac backing to a scenic hillside in the prestigious Markham Ranch community, offering exceptional tranquility and privacy.
The 2,649 sqft layout features a spacious primary suite and a secondary bedroom with its own private bath, providing an ideal setup for multi-generational living or guests.
As a 'blank canvas' ready for updates, this property offers a significant opportunity for buyers to build equity by modernizing the home to their personal taste.
The home is in original 1989 condition and requires updates, necessitating a substantial additional budget for modernizing finishes and systems.
The monthly association fee of $675 is a significant recurring expense that may impact the overall affordability for some prospective buyers.
Welcome to 25683 Meadowview Court, Salinas, CA 93908, a wonderful opportunity located in the desirable Markham Ranch community within Corral de Tierra. Situated on a peaceful cul-de-sac and backing to a scenic hillside, this home offers privacy, tranquility, and incredible potential. Ready for updates and personal touches, the property provides the perfect canvas to create your dream space. The spacious primary suite features a bathroom with dual sinks, a deep soaking tub, and a generous walk-in closet complete with a floor safe. A secondary bedroom includes its own private bathroom, while the third bedroom, with built-in cabinetry, is ideal for a home office or flexible living space. Bring your vision and make this home truly shine in one of the areas most sought-after communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,649 | 2,245.5 | 63% |
| Lot Size | 8,357 | 15,382.5 | 33% |
| Price | $1.40M | $1.17M | 72% |
| Price per sq ft | $527 | $537 | 48% |
| Built year | 1989 | 1985 | 57% |
| HOA | $675.0 | $168 | 91% |
| Days on market | 7 | 185 | 2% |
Apr 15, 2026
$1,395,000
Initial Listing
Dec 22, 1993
$394,500
Public Record