
Salida, CA 95368
This property presents a High-Potential Investment Opportunity with a List Price of $415,000—positioned well below the $402,127 Fair Market Value by -3%. While the property is currently priced slightly above market, the 7,706 sqft corner lot and 4-bedroom layout provide a solid foundation for value-add renovations. Given the Condition Rating of 5, the home requires significant modernization, making it a prime candidate for forced appreciation. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to build equity through structural and cosmetic upgrades.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4715 Finney Road Subject | $399,999* List Price | 4 | 2 | 1,319 | $297 | - |
A 4536 Capewood Drive Sold | $380,000 | 3 | 2 | 1,259 | $302 | 0.3 mi |
B 4928 Valley Terrace Way Sold | $402,000 | 4 | 2 | 1,564 | $257 | 0.8 mi |
C 5309 Cottage Lane Sold | $484,950 | 4 | 2 | 1,679 | $289 | 0.3 mi |
D 4604 Endicott Dr Sold | $505,000 | 3 | 2 | 1,719 | $294 | 0.5 mi |
E 5504 Sun Gold Drive Sold | $498,000 | 3 | 3 | 1,580 | $315 | 0.9 mi |
F 4608 Sun Stone Court Sold | $510,000 | 4 | 3 | 1,769 | $288 | 0.8 mi |
G 4504 Endicott Drive Active | $449,888 List Price | 3 | 2 | 1,213 | $371 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 52 years old (built 1972) and shows no evidence of recent major renovations. The kitchen and bathrooms are significantly dated with older cabinetry, tile, and fixtures. The listing description explicitly identifies the home as a renovation/investment opportunity needing a 'personal touch' and 'transformation,' which aligns with the criteria for a property requiring 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 = 7706, living area = 1319.
The property sits on a generous 7,706 sqft corner lot, providing enhanced privacy, additional curb appeal, and ample space for outdoor improvements or potential side access.
Marketed as a 'hidden gem' ready for renovation, this home offers a significant opportunity for investors or primary buyers to build immediate equity through cosmetic or structural upgrades.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7706, other record lot size in square feet = 7405.
The description indicates the home requires a 'personal touch' and renovation, suggesting that the 1972 structure likely needs substantial modernization and repair work.
With 45 days on the market and three consecutive price reductions from the original $445,000, the property has struggled to find traction, which may impact future resale perception.
Discover the potential in this 4-bedroom, 2-bath corner lot home in Salida, CA! Offering a functional layout and generous space, this property is ready for your personal touch. Whether you're looking to renovate, invest, or create your dream home, this house presents a fantastic opportunity to build equity. Convenient corner lot with plenty of possibilitiesdon't miss your chance to transform this hidden gem into something special!''
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.2 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,319 | 1,554.053 |
| Lot Size | 7,706 | 6,156.211 |
| Price | $400.0K | $488.2K |
| Price per sq ft | $303 | $310 |
| Built year | 1972 | 1995 |
| HOA | $0 | $0 |
| Days on market | 111 | 50 |
Aug 18, 2026
$399,999
$415,000
-4% Price Drop
Initial Listing
Jul 5, 2026
$415,000
$420,000
-1% Price Drop
Initial Listing
Jun 23, 2026
$420,000
$445,000
-6% Price Drop
Initial Listing
May 21, 2026
$445,000
Initial Listing