
Salinas, California 93907
This Multi-Unit Rural Estate is listed at $1,343,000, positioned accurately alongside its $1,338,709 Fair Market Value. The expansive 3-acre lot features two separate residences and a dedicated barn, providing exceptional Multi-Unit Income Potential or space for equestrian activities. Currently holding a Condition Rating of 4, the 1954 vintage construction offers a clear path for forced appreciation through interior modernization and system updates. Situated within the North Monterey County Unified district, this high-utility property is an ideal acquisition for Multi-Generational Families or Buy-and-Hold Investors seeking a versatile, income-generating compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7500 Langley Canyon Road Subject | $1,343,000* List Price | 4 | 3 | 2,839 | $460 | - |
A 17705 Pond Derosa Lane Active | $1,299,000 List Price | 4 | 3 | 2,525 | $514 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property is over 70 years old and shows significant signs of age. While the listing mentions minor updates like new septic lids and fencing, the exterior structures and cracked driveway indicate the property is dated and likely requires interior modernization of kitchens, baths, and systems 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 = 133294, living area = 2839.
The property features two separate houses with individual addresses on a single lot, providing an exceptional opportunity for multi-generational living or rental income.
Spanning over 3 acres with a dedicated barn and ample room for animals, this lot is perfectly suited for equestrian enthusiasts or those seeking a rural lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2839, other record living area = 1303. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1954, the property may require significant capital investment for modernizing systems and interior finishes to meet current market expectations.
The barn's location directly by the road may result in reduced privacy and increased noise exposure compared to the more secluded main residence.
2 Houses with separate addresses and barn on 3 acre lot. 2nd house is at 7412 Valle Pacifico. Plenty of room for animals. Barn is by the road, Main house is set back and Mediterranean style with detached 3 car garage. Living room and family with Kitchen in the middle. Primary is 2 rooms one with laundry hook ups. Other 2 bedrooms and bath on other side of house. 2nd house is barn style with 2 car detached garage. Open floor plan with primary and bath on first floor others upstairs and inside laundry. Lots of extra parking at both houses. New 90ft of new fence and new lids on septic tanks
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 77% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 2,839 | 1,717 | 91% |
| Lot Size | 133,294 | 28,314 | 89% |
| Price | $1.34M | $870.0K | 97% |
| Price per sq ft | $473 | $529 | 40% |
| Built year | 1954 | 1973 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 136 | 6% |
Apr 28, 2026
$1,343,000
Initial Listing
Nov 24, 2021
$1,200,000
Public Record