
Salinas, California 93908
Analysis of 28000 Underwood Road, Salinas, California 93908 is currently available with a list price of $4,475,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Salinas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although built in 1999, the property has undergone extensive recent interior and exterior renovations by the current owners, including a new Corten steel roof and upgraded heating, water, and electrical infrastructure. The remodeled kitchen and bathrooms, along with the turnkey status and high-end finishes, align with the criteria for excellent condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 5564790, living area = 2958.
Spanning approximately 128 acres, the property offers unparalleled privacy and a vast landscape ideal for vineyards, livestock, or further development.
Features breathtaking panoramic views of Monterey Bay and the historic Corral de Tierra ranchlands, a region famously celebrated in John Steinbeck’s literature.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5564790, other record lot size in square feet = 1437480.
While offering seclusion, the ridge-top location may involve longer travel times to urban amenities and potentially challenging access during inclement weather.
Managing a 128-acre estate with multiple structures and specialized infrastructure demands significant ongoing maintenance and land stewardship.
Set on a scenic ridge with panoramic views encompassing historic Corral de Tierra ranchlands and the Monterey Bay, 28000 Underwood Road offers exceptional privacy and personal connection to iconic California landscapes. Rich in regional history, the area inspired John Steinbeck's second novel, Pastures of Heaven. The property includes a remodeled three-bedroom, two-bath log home, remodeled workshop, equipment shed, and multiple view-oriented building sites offering expansion potential. The land and climate are ideal for vineyards, olive trees, beekeeping, livestock, and more. Night skies are vivid and magical, enjoyed from the patio in complete tranquility. Infrastructure highlights include a 400-amp electrical service, a productive well, ample water storage and propane capacity, and a prepared barn site with existing plans. The current owners completed extensive interior and exterior renovations including a new Corten steel roof, water and heating infrastructure upgrades, driveway improvements, and a secondary Firewise-approved egress route. Approximately 128 acres have been thoughtfully stewarded, creating a peaceful retreat only minutes away from the sights and amenities of Monterey, Carmel, and Carmel Valley. Offered turnkey with furnishings available separately.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 2,958 | 2,207 | 76% |
| Lot Size | 5,564,790 | 25,351.92 | 98% |
| Price | $4.47M | $1.16M | 98% |
| Price per sq ft | $1.5K | $542 | 98% |
| Built year | 1999 | 1984 | 87% |
| HOA | $0 | $145 | 44% |
| Days on market | 55 | 183 | 20% |
Feb 26, 2026
$4,475,000
Initial Listing
Jan 19, 2021
$1,940,000
Public Record
Mar 22, 2011
$646,000
Public Record