454 Paradise Road, Salinas, California 93907, Salinas, 93907 - 3 bed, 2 bath
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454 Paradise Road
Salinas, California 93907
ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
1,570Sq Ft
43,560Lot Size
Property Price
LIST PRICE$745,000
EST. MARKET VALUE
$860,171
13% BelowMARKET VALUE
SUMMARY
This Spacious Single-Family Residence is a High-Potential Investment Opportunity, listed at $745,000—positioned well below the $849,519 Fair Market Value by 12%. This valuation gap offers $104,519 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Modernized Granite Kitchen, newer flooring, and double-pane windows. The expansive one-acre lot provides significant privacy and future development potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$860,171+$115,171 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Salinas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 454 Paradise Road Subject | $745,000* List Price | 3 | 2 | 1,570 | $548 | - |
A 7468 Leafwood Drive Pending | $884,900 List Price | 3 | 3 | 1,881 | $470 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1962, the home has undergone significant updates including a renovated kitchen with granite countertops and stainless appliances, newer wood-laminate flooring, and double-pane vinyl windows. It is well-maintained, recently painted, and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 1570.
- Expansive Lot Size
The property sits on a generous one-acre lot (43,560 sqft), providing significant outdoor space, privacy, and potential for future expansion or ADU development.
- Modernized Kitchen
The kitchen has been tastefully updated with granite countertops, a gas range, and stainless steel appliances, offering a contemporary and functional heart to the home.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1962, the property may require ongoing maintenance or updates to older mechanical systems that were not part of the recent cosmetic renovations.
- Deferred Improvements
The listing notes opportunities for additional improvements, suggesting that some areas of the home remain in original condition and will require further investment from the buyer.
About 454 Paradise Road
This single level three-bedroom, two-bath home is located in the Prunedale area and offers a comfortable, functional floor plan. The kitchen has been updated with granite countertops, a gas range, stainless steel dishwasher, and plenty of cabinet space. The home features newer wood-laminate flooring, a spacious living room with a fireplace, and a separate dining area. Most of the windows have been replaced with double-pane vinyl windows, and the home has recently been painted. The property offers several useful updates while still providing an opportunity for the next owner to make additional improvements over time.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 43,560 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,570 | 1,586.885 |
| Lot Size | 43,560 | 6,939.262 |
| Price | $745.0K | $809.5K |
| Price per sq ft | $475 | $527 |
| Built year | 1962 | 1973 |
| HOA | $0 | $218 |
| Days on market | 37 | 46 |
Pricing History
Listed for Sale
Aug 3, 2026
$745,000
Initial Listing