
Salinas, California 93908
This Dual-Dwelling Residential Estate is a Strong Value Opportunity, listed at $1,229,000—positioned above the $1,152,461 Fair Market Value by 6%. While priced slightly above market, the property offers significant utility through its Dual-Dwelling Income Potential, with a secondary unit currently generating $2,500 monthly. Featuring a Condition Rating of 3, the main residence includes a Granite Kitchen and Panoramic Valley Views. With proximity to highly-rated schools like Buena Vista Middle, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a multi-generational living solution.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 394 Mesa Road Subject 6 bd · 4 ba · 2,700 sqft · $427 | $1,229,000* List Price | 6 | 4 | 2,700 | $427 | - |
A 243 Wildwood Way Sold 4 bd · 3 ba · 2,524 sqft · $392 · 0.2 mi | $990,000 | 4 | 3 | 2,524 | $392 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained, functional, and move-in ready. Despite being built in 1974, it features key updates including fresh exterior paint, new plank flooring, and a large kitchen with granite countertops.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12600, living area = 2700.
The property features two separate homes on one lot, with the second unit already generating $2,500 per month in rental income or providing a private space for extended family.
Positioned on a corner lot with majestic oaks, the residence offers breathtaking views of the Salinas Valley, combining a peaceful country atmosphere with proximity to city amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2700, other record living area = 2110. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
Originally built in 1974, the home may require updates to older systems or infrastructure despite recent cosmetic improvements like fresh exterior paint.
While the elementary and middle schools are highly rated at 7/10, the assigned Salinas High School has a lower rating of 5, which may be a consideration for families with older children.
Wow, 2 fantastic country homes with fresh exterior paint on a one corner lot with amazing views! Get the country feel with your white picket fence just out of town! Each home with its own yard and separate driveways brings the lucky new owner endless possibilities. Imagine your own estate where kids play amongst majestic oaks while extended family stays in their own separate home. The main house is a 5-bedroom with new plank flooring and amazing views of the Salinas Valley. This family home has a large kitchen with plenty of granite countertops and bar-style seating. There is a bonus sunroom perfect for game night or just relaxing with an afternoon read. Just inside, you will love the family room with large windows to take in the views! Primary bedroom and bath reside at the end of the hall. You will have plenty of room for a king bed and accompanying furniture. Two large additional bedrooms with a convenient full bathroom complete the main level. Down the stairs, you will find two more bedrooms, or could easily be an office and private workout area. The second home has 1 bedroom and full bath with kitchen/family room. A perfect place for extended family or as an income-producing rental, currently rented for $2500.
No exterior & parking available.
Grades K-5 • 3.0 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 5.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,700 | 1,582.189 |
| Lot Size | 12,600 | 6,844.911 |
| Price | $1.23M | $805.1K |
| Price per sq ft | $455 | $518 |
| Built year | 1974 | 1974 |
| HOA | $0 | $210 |
| Days on market | 37 | 45 |
Sep 17, 2026
$1,229,000
Initial Listing
Nov 21, 2024
$1,295,000
Public Record
May 28, 2013
$439,000
Public Record
Nov 24, 2004
$825,000
Public Record