
Salinas, California 93908
This Spacious Ranch-Style Home represents a High-Potential Investment Opportunity, listed at $1,850,000—positioned well below the $1,846,936 Fair Market Value by 0%. While the property is in Fair Condition Rating, it offers significant upside through modernization. The 2.5-acre lot provides Panoramic Views and versatile outbuildings, perfect for value-add projects. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to customize a hilltop estate with substantial acreage and long-term appreciation potential in the Salinas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 60 Seca Place Subject | $1,850,000* List Price | 3 | 3 | 2,802 | $659 | - |
A 77 Laureles Grade Active | $1,450,000 List Price | 4 | 3 | 2,230 | $650 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this property is well-maintained but significantly dated, fitting the 'Fair' criteria (>20 years since major renovation). While the kitchen has some newer stainless appliances, the cabinetry, drop-ceiling tiles, and floral wallpaper indicate a renovation age of 25+ years. The home is functional and move-in ready but requires comprehensive cosmetic updates and likely system overhauls to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 106286, living area = 2635.
The property is situated on a 2.5-acre usable lot at the end of a private driveway, offering exceptional privacy and significant space for outdoor activities or potential expansion.
The hilltop location provides breathtaking, 360-degree views of the surrounding hills, mountains, and valley, creating a serene and high-value atmosphere.
Built in 1948 and held by the same family for many years, the interior likely requires significant cosmetic and functional updates to meet contemporary luxury standards.
Given the home's age, buyers may face additional costs for upgrading older systems such as plumbing, electrical, or insulation to ensure modern efficiency.
At the end of the road, follow the private driveway to the top of the hill and find this this spacious ranch-style home sited on a sunny, usable 2.5 acre lot that offers incredible panoramic views in all directions. The single-level residence has three bedrooms, an office, and two full bathrooms as well as an additional bathroom in the garage and other water fixtures. The living room features hardwood floors, a fireplace, and a vaulted, open-beam ceiling. The home includes a large kitchen with a breakfast nook and an attached a dining room. The spacious primary bedroom boasts lovely views to the west. Additional amenities include mature landscaping, a two-car garage and a covered patio with a fireplace. In addition, there are two outbuildings that offer lots of utility for additional uses and plenty of parking and space for your vehicles. Easy access to the Monterey-Salinas Highway provides access to all the central coast has to offer. Owned by the same family for many years, this wonderful property is ready for your personal touches and its next chapter. Don't miss this unique opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,802 | 1,586.885 |
| Lot Size | 106,286 | 6,939.262 |
| Price | $1.85M | $809.5K |
| Price per sq ft | $660 | $527 |
| Built year | 1948 | 1973 |
| HOA | $0 | $218 |
| Days on market | 17 | 46 |
Aug 23, 2026
$1,850,000
Initial Listing