5504 Sun Gold Drive, Salida, CA 95368, Salida, 95368 - 3 bed, 3 bath
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Salida, CA 95368
This property presents a High-Potential Investment Opportunity with a List Price of $498,000—positioned well below the $448,750 Fair Market Value by -10%. While the home is currently priced above market, its Fair Condition Rating and 1997 build offer a clear path to forced appreciation through cosmetic updates. Featuring a spacious open floor plan and a private patio, the home is situated near highly-rated schools like Sisk Elementary. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5504 Sun Gold Drive Subject | $498,000* List Price | 3 | 3 | 1,580 | $284 | - |
A 5604 5604 Sun Gold Dr Sold | $505,000 | 3 | 2 | 1,619 | $312 | 0.1 mi |
B 5121 Durley Sold | $471,000 | 3 | 2 | 1,449 | $325 | 0.4 mi |
C 5101 Vigna Way Sold | $444,900 | 3 | 2 | 1,238 | $359 | 0.6 mi |
D 4816 Demaree Place Sold | $530,000 | 4 | 2 | 1,654 | $320 | 0.5 mi |
E 5421 Indian Ridge Lane Active | $525,000 List Price | 3 | 2 | 1,826 | $288 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 (29 years old), the property is functional but dated. The kitchen features original white tile countertops and basic fixtures, while the bedrooms show significant carpet wear and staining. Although the HVAC unit appears relatively modern, the overall interior finishes are original to the late 90s and require cosmetic updates and minor repairs.
Ideally situated with easy access to Highway 99 and within walking distance to highly-rated schools like Sisk Elementary, making it perfect for families and daily commuters.
The home boasts an inviting open living space with vaulted ceilings and a cozy fireplace, providing a bright and airy feel that enhances the overall sense of volume.
With no HOA fees and a description highlighting the opportunity to add value, this property is a prime candidate for buyers looking to build equity through cosmetic updates.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5367, other record lot size in square feet = 5227.
The marketing remarks suggest the home is ready for a 'personal touch,' indicating that the 1997 interior finishes may be dated and require additional investment for upgrades.
While the elementary and high schools are rated a 7, the assigned middle school has a lower rating of 5, which may be a drawback for some education-focused families.
Discover the potential in this charming 3-bedroom, 2.5-bath home, ideally located on a peaceful street with easy access to Hwy 99 for convenient commuting. Step inside to an inviting open living space featuring a vaulted ceiling, cozy fireplace, and sliding glass door that leads to a porch and backyard with grassy space perfect for relaxing or entertaining. The kitchen offers natural light and a functional layout ready for your personal touch. Additional features include a convenient laundry area and an attached two-car garage. The home presents a wonderful opportunity to add your own style and value. Ideally situated near medical facilities, shopping centers, restaurants, and schools, this property offers comfort, convenience, and great potential for families, first-time buyers, or investors alike. Don't miss the chance to make this home your own!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 1,580 | 1,619 | 42% |
| Lot Size | 5,367 | 6,098 | 21% |
| Price | $498.0K | $520.0K | 37% |
| Price per sq ft | $315 | $320 | 47% |
| Built year | 1997 | 1996 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 180 | 5% |
Jun 1, 2026
$498,000
Initial Listing
Sep 10, 1997
$17,000
Public Record
Jun 27, 1997
$133,000
Public Record