
Salinas, California 93908
RENOVATION FINANCING OPPORTUNITY! BUY IT, RENOVATE IT, MAKE IT HOME! Offered at $748,000, this two-story Corral de Tierra property offers buyers the opportunity to create a home reflecting their own tastes and lifestyle. QUALIFIED BUYERS MAY BE ELIGIBLE FOR CONVENTIONAL RENOVATION FINANCING that combines the purchase price and approved improvements into ONE MORTGAGE, with renovations completed after closing! Potential improvements include a new heating system, roof, bathrooms, flooring, decks and other eligible repairs. Low-down-payment options may be available to qualified buyers. Property requires significant updating and repairs and is offered in its present condition. Shared private well and current septic clearance. Review the renovation financing flyer and property disclosures in Disclosures.IO before scheduling a showing. Financing and improvements subject to lender approval.
Property is extensive renovation needed.
Built in 1981 and requires a complete renovation. The listing explicitly states the home needs a new heating system, flooring, and full kitchen/bath updates. While the structure is described as having a solid footprint, the 45-year-old systems and dated interior qualify it for a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 160562, living area = 1737.
The property features over 3.7 acres of usable land, offering a rare and versatile 'blank canvas' for creating a private estate or significant outdoor improvements in a high-demand area.
Situated in the prized Corral de Tierra microclimate, the home enjoys a peaceful coastal-rural setting with convenient access to the Highway 68 corridor, Monterey, and Salinas.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =160562, other record lot size in square feet = 164508.
The home requires a complete overhaul, including a new heating system and full updates to the kitchen, bathrooms, and flooring, which will necessitate a significant capital investment.
Sold in its current as-is condition, the property likely requires cash or specialized renovation loans, potentially limiting the pool of eligible buyers and traditional financing options.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,737 | 1,582.189 |
| Lot Size | 160,562 | 6,844.911 |
| Price | $748.0K | $805.1K |
| Price per sq ft | $431 | $518 |
| Built year | 1981 | 1974 |
| HOA | $0 | $210 |
| Days on market | 110 | 45 |
Sep 22, 2026
$748,000
$774,000
-3% Price Drop
Initial Listing
Sep 18, 2026
$774,000
$799,000
-3% Price Drop
Initial Listing
Aug 16, 2026
$799,000
$850,000
-6% Price Drop
Initial Listing
Jul 25, 2026
$850,000
$895,000
-5% Price Drop
Initial Listing
Jul 6, 2026
$895,000
Initial Listing