4536 Capewood Drive, Salida, CA 95368, Salida, 95368 - 3 bed, 2 bath
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Salida, CA 95368
This property represents a High-Potential Investment Opportunity, listed at a List Price of $399,000—positioned above the $373,416 Fair Market Value. While the home requires modernization, the Fair Condition Rating is offset by a recent 1-year-old HVAC system and an Oversized 7,079 sq. ft. Corner Lot with RV access. This asset offers significant value-add potential through interior cosmetic updates. It is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a project with long-term growth potential in a quiet community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4536 Capewood Drive Subject | $399,000* List Price | 3 | 2 | 1,259 | $297 | - |
A 4604 Endicott Dr Sold | $505,000 | 3 | 2 | 1,719 | $294 | 0.8 mi |
B 5208 San Tropez Drive Sold | $455,000 | 4 | 2 | 1,665 | $273 | 0.5 mi |
C 4715 Finney Road Active | $415,000 List Price | 4 | 2 | 1,319 | $315 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 37 years old (>30y) and features original 1987 'vintage' tile countertops and 'classic' cabinetry that require a full rehab to modernize. While the HVAC system is excellent (1 year old), the dated interior finishes and age place it in the poor category for current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7079, living area = 1259.
The central heating and air conditioning system is only one year old, providing the new owner with modern energy efficiency and significant savings on immediate maintenance costs.
Situated on a generous 7,079 sq. ft. corner lot, the property features a custom wrought-iron gate and side-yard access, offering rare and desirable space for RV or boat parking.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7079, other record lot size in square feet = 6895.
The home retains its original 1987 vintage tile countertops and classic cabinetry, which may require a capital investment from buyers looking for a more contemporary aesthetic.
With only 1,259 square feet of living area, the interior layout may feel restrictive for larger families or those requiring spacious common areas.
Welcome to 4536 Capewood Dr., a charming 3-bedroom, 2-bath home nestled in the heart of Salida, one of the Central Valley's most desirable small-town communities. Built in 1987 and situated on an oversized 7,079 sq. ft. corner lot, this property offers space, comfort, and endless potential. Inside, you'll find an open and inviting floor plan featuring vintage tile countertops, classic cabinetry, and ceiling fans in every room. The home's central heating and air conditioning system is only one year old, providing modern comfort and energy-efficient peace of mind year-round. Step outside to enjoy the large backyard, perfect for entertaining, gardening, or creating your dream outdoor retreat. A custom wrought-iron gate provides access to the side yard, offering possible RV parking and additional flexibility for vehicles, trailers, or recreational equipment. Located in the quiet and welcoming community of Salida, this home offers the perfect balance of small-town living while remaining conveniently close to shopping, dining, schools, and major commuter routes. Whether you're a first-time buyer, downsizing, or looking for a property with room to grow, this home is ready for its next chapter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,259 | - |
| Lot Size | 7,079 | - |
| Price | $399.0K | $538.3K |
| Price per sq ft | $317 | $322 |
| Built year | 1987 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 36 |
Jul 16, 2026
$399,000
Initial Listing