5221 Old Town Lane, Salida, CA 95368, Salida, 95368 - 3 bed, 2 bath
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Salida, CA 95368
This Turnkey Single-Family Residence represents a Prime Investment Opportunity, listed at $518,950—positioned well below the $532,543 Fair Market Value by 2%. This valuation gap offers $13,593 in Instant Equity. Featuring a Good Condition Rating, the home boasts a modern kitchen with quartz countertops and 10-foot ceilings. Located just 0.08 miles from the highly-rated Sisk Elementary, this property offers exceptional lifestyle convenience. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5221 Old Town Lane Subject | $518,950* List Price | 3 | 2 | 1,826 | $292 | - |
A 4608 Sun Stone Court Sold | $510,000 | 4 | 3 | 1,769 | $288 | 0.2 mi |
B 4524 Wessex Lane Sold | $484,000 | 3 | 2 | 1,662 | $291 | 0.3 mi |
C 5504 Sun Gold Drive Sold | $498,000 | 3 | 3 | 1,580 | $315 | 0.2 mi |
D 4604 Endicott Dr Sold | $505,000 | 3 | 2 | 1,719 | $294 | 0.2 mi |
E 4629 Sun Stone Court Sold | $525,000 | 4 | 3 | 1,884 | $279 | 0.3 mi |
F 5220 Avante Lane Sold | $475,000 | 3 | 2 | 1,443 | $329 | 0.4 mi |
G 5604 5604 Sun Gold Dr Sold | $505,000 | 3 | 2 | 1,619 | $312 | 0.3 mi |
H 5201 Bora Court Sold | $575,000 | 4 | 3 | 2,039 | $282 | 0.7 mi |
I 5421 Indian Ridge Lane Active | $515,000 List Price | 3 | 2 | 1,826 | $282 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2001, the property is well-maintained and features a recently updated kitchen with quartz countertops, a new island, and stainless steel appliances. While the bathrooms appear to be original to the 2001 build, the addition of modern laminate flooring and the overall move-in ready condition align with the 'Good' criteria.
The home features a recently updated kitchen with elegant quartz countertops and a new center island, complemented by 10-foot ceilings and stylish laminate flooring that create a contemporary, airy feel.
Ideally situated for families, the property is located just 0.08 miles from Sisk Elementary School, offering exceptional convenience and a high-rated educational environment within walking distance.
Nestled in the desirable Colony neighborhood, the home provides quick access to Highway 99 and is conveniently close to Kaiser Hospital, shopping, and dining hubs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5001, other record lot size in square feet = 4791.
The 5,001 square foot lot is relatively compact for the area, which results in a smaller backyard that may not suit buyers looking for extensive outdoor space or large-scale landscaping.
Having sold for $489,000 in early 2024, the current list price of $518,950 represents a rapid price increase that may be closely scrutinized by appraisers and value-driven investors.
Welcome to Salida living at its finest! Nestled in the highly desirable Colony neighborhood, this beautiful single-story home offers the perfect blend of comfort, style, and convenience. Built in 2001, this well-maintained residence features approximately 1,826 square feet of thoughtfully designed living space with 3 spacious bedrooms, 2 full bathrooms, and impressive 10-foot ceilings that create an open, airy feel throughout. The inviting open-concept floor plan is filled with natural light and enhanced by stylish laminate flooring. At the heart of the home, the updated kitchen boasts a new center island, elegant quartz countertops, and ample workspace, making it ideal for both everyday living and entertaining. The generous primary suite provides a peaceful retreat with plenty of room to relax and unwind. Step outside to a clean, low-maintenance backyard designed for effortless outdoor living. Whether you're hosting family gatherings, entertaining friends, or enjoying a quiet evening, this backyard offers the perfect setting. Situated on a quiet street in an established neighborhood, the home delivers exceptional curb appeal and a warm, welcoming atmosphere from the moment you arrive. Conveniently located near parks, shopping, dining, and Kaiser Hospital, with quick access to Highway 99, this property is ideal for commuters, families, and investors alike. Families will also appreciate the nearby elementary school, conveniently within walking distance. Whether you're searching for your forever home or an outstanding investment opportunity, 5221 Old Town Lane is a rare opportunity to own a move-in-ready home in the heart of Salida. Don't miss your chance to make this exceptional property your own!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,826 | - |
| Lot Size | 5,001 | - |
| Price | $519.0K | $538.3K |
| Price per sq ft | $284 | $322 |
| Built year | 2001 | 0 |
| HOA | $0 | $0 |
| Days on market | 4 | 36 |
Jul 18, 2026
$518,950
Initial Listing
Mar 7, 2024
$489,000
Public Record
Jul 21, 2021
$481,000
Public Record
Apr 24, 2020
$365,000
Public Record
Nov 22, 2013
$257,000
Public Record
Jul 9, 2010
$65,000
Public Record
Aug 25, 2006
$410,000
Public Record