
Salinas, California 93906
This Multi-Generational Residential Asset is a Strong Value Opportunity, listed at $895,000—positioned well below the $900,380 Fair Market Value by 0.6%. This property offers $5,380 in Instant Equity. With a Condition Rating of 4, the home features a unique layout with a separate living wing, solar panels, and a massive 10,300 sqft lot. While the local school district ratings are modest, the home’s functional design and commuter-friendly location make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 761 Atherton Circle Subject | $895,000* List Price | 5 | 3 | 2,341 | $385 | - |
A 1527 Atherton Way Sold | $1,029,000 | 4 | 3 | 2,782 | $370 | 0.1 mi |
B 1638 Stony Brook Drive Sold | $975,000 | 5 | 3 | 2,605 | $374 | 0.3 mi |
C 1671 Cambrian Drive Sold | $790,000 | 3 | 2 | 1,743 | $453 | 0.2 mi |
D 806 Danbury Street Sold | $927,500 | 5 | 4 | 2,688 | $345 | 0.8 mi |
E 1123 Cabot Way Sold | $855,000 | 3 | 2 | 1,794 | $477 | 0.9 mi |
F 479 Arcadia Way Sold | $1,010,000 | 4 | 3 | 2,922 | $346 | 0.8 mi |
G 1669 Stony Brook Drive Pending | $980,000 List Price | 4 | 3 | 2,405 | $407 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, the property shows signs of partial updates such as newer laminate flooring and solar panels, but remains largely dated. The bathroom features older oak cabinetry and fixtures exceeding 20 years in age, and the backyard requires significant landscaping. The home is functional but needs cosmetic modernization and minor repairs to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10300, living area = 2341.
The unique floor plan features a separate wing with its own living room, den, and en-suite bedroom, making it ideal for extended family or potential rental income.
Situated on nearly a quarter-acre in a quiet cul-de-sac, the property offers a massive backyard with significant potential for an outdoor kitchen, gazebo, or ADU.
The majority of assigned schools in the immediate vicinity have low performance ratings, which may be a concern for families prioritizing education.
Built in 1970, the home may require cosmetic updates or infrastructure modernizations to meet the expectations of buyers looking for contemporary finishes.
Tucked away in a quiet cul-de-sac lies a chance at a multi-generational home that is situated on a HUGE lot that is almost a quarter of an acre. This 5 bedroom 3 bath house gives you the opportunity to enjoy the family but also have privacy. One side of the house has 4 bedrooms with a Master bedroom that has its own bathroom. There is an open area where the kitchen, dining room and family room meet. The living room gives you a sense of privacy if you have many guest and still need an area for yourself. At the other end of the home you enter into another living room that has a small room/den attached and also a big bedroom with its own bathroom. Great for visitors, additional family or for income. Front yard is low maintenance with programmed timer to water the trees and bushes. Backyard is HUGE with amazing potential to add an outdoor gazebo/bbq kitchen area in the future. Great for entertaining or for the kids to play on warm summer days. Solar panels are definitely a plus. Easy access to the crazy horse for commuters who work in the Bay Area. Close to shopping center. This home offers a great opportunity to own in a desirable neighborhood.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,341 | 1,621 |
| Lot Size | 10,300 | 7,100 |
| Price | $895.0K | $803.5K |
| Price per sq ft | $382 | $520 |
| Built year | 1970 | 1970 |
| HOA | $0 | $243 |
| Days on market | 2 | 45 |
Jul 20, 2026
$895,000
Initial Listing
Dec 3, 2021
$715,000
Public Record