4340 Castle Cary Lane, Salida, CA 95368, Salida, 95368 - 4 bed, 2 bath
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Salida, CA 95368
This property presents a High-Potential Investment Opportunity with a List Price of $415,000—positioned well below the $431,633 Fair Market Value by 3%. This valuation gap offers $16,633 in Instant Equity for buyers willing to address the Fair Condition Rating. While the home requires TLC, the newer HVAC system and location within the Joseph A. Gregori High School district provide a solid foundation. This is a value-add acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking to build sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4340 Castle Cary Lane Subject | $415,000* List Price | 4 | 2 | 1,433 | $301 | - |
A 4424 Malta Court Sold | $520,000 | 5 | 3 | 1,610 | $323 | 0.8 mi |
B 5208 San Tropez Drive Sold | $455,000 | 4 | 2 | 1,665 | $273 | 0.9 mi |
C 4013 Wincanton Road Pending | $435,000 List Price | 4 | 2 | 1,558 | $279 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995 (29 years old), the property falls into the 'Fair' category as it is dated and explicitly described as needing TLC. While the HVAC system is noted as newer, the exterior shows signs of neglect with a failing picket fence and unmaintained landscaping, and the interior finishes appear original and in need of cosmetic updates.
Priced as a bargain, this property offers significant upside potential for investors or handy homeowners looking to build sweat equity in a desirable Salida neighborhood.
The home features a newer central air conditioning and heating system, providing immediate energy efficiency and saving the buyer from a major future capital expense.
The property is located within the boundaries of highly-regarded schools, including Joseph A. Gregori High School, which enhances long-term resale value and appeal to families.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6300, other record lot size in square feet = 6098.
The listing explicitly mentions the need for 'TLC,' suggesting that the home requires immediate investment in repairs or cosmetic updates to reach its full market potential.
With four bedrooms configured within 1,433 square feet, the interior living spaces and individual bedrooms may feel small or cramped compared to typical four-bedroom homes.
Great opportunity to purchase at a bargain price in need of TLC. This 4-bedroom, 2-bath home is located in Salida and offers 1,433 square feet of living space on a 6,300+ square foot lot. This home features a gas log fireplace, providing a cozy focal point in the main living area. The kitchen includes an eat-in dining area, ideal for casual meals .Recessed lights in kitchen and hallway. Newer central air conditioning and heating. Close to shopping and dining. . Best schools and great neighborhood.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,433 | - |
| Lot Size | 6,300 | - |
| Price | $415.0K | $538.3K |
| Price per sq ft | $290 | $322 |
| Built year | 1995 | 0 |
| HOA | $0 | $0 |
| Days on market | 29 | 36 |
Jun 23, 2026
$415,000
Initial Listing
Jan 16, 2014
$220,000
Public Record
Apr 29, 2011
$125,000
Public Record
Jul 29, 2004
$292,500
Public Record
Mar 27, 1998
$103,000
Public Record
Aug 10, 1995
$125,000
Public Record