
Salinas, California 93907
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,150,000—positioned well above the $945,304 Fair Market Value by 21%. While the list price exceeds current market estimates, the property offers significant utility through a fully permitted ADU and solar infrastructure. With a Condition Rating of 4, the home requires cosmetic updates to modernize its 1980s aesthetic. The expansive 43,560 sqft lot and income-generating potential make this a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living solutions.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7710 Fallen Leaf Lane Subject 4 bd · 3 ba · 2,290 sqft · $413 | $1,150,000* List Price | 4 | 3 | 2,290 | $413 | - |
A 6640 Kim Ann Lane Sold 4 bd · 3 ba · 2,592 sqft · $358 · 0.9 mi | $929,000 | 4 | 3 | 2,592 | $358 | 0.9 mi |
B 7635 Fallen Leaf Lane Active 3 bd · 2 ba · 1,551 sqft · $613 · 0.2 mi | $950,000 List Price | 3 | 2 | 1,551 | $613 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983 (41 years old), the property is well-maintained with significant system upgrades including a new roof and solar panels. However, the interior remains dated; the kitchen and bathrooms feature older tile countertops and wood paneling consistent with 20-30+ year old finishes, requiring cosmetic updates 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 = 43560, living area = 2290.
The property includes a fully permitted, independent 1-bedroom, 1-bathroom ADU, providing immediate opportunities for rental income, a guest house, or multi-generational living.
Recent investments in a new roof, solar panels, and a private well offer significant long-term cost savings and enhanced utility efficiency for the homeowner.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2290, other record living area = 1569. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1983, the home's central courtyard design and traditional room separations may feel dated to buyers seeking a modern, open-concept living space.
While offering privacy, the Prunedale location may involve longer commutes and less immediate access to the urban amenities found in central Salinas or Monterey.
Storybook Country Charm and a Legal ADU with the Work Done and the Value Built in. Enjoy country living in Prunedale on a private, oak-canopied acre along Fallen Leaf Lane, just minutes from everyday conveniences. This single-level estate offers unmatched versatility with a fully permitted, independent 1-bed/1-bath ADU perfect for immediate rental income, multi-generational living, or a guest house, with all the permitting and construction work done for you. The main 3-bedroom, 2-bathroom single level home wraps around a central courtyard and features hardwood floors, fresh paint, a formal living room, and a separate family room with a cozy wood-burning stove. High-value practical upgrades include a new roof, solar panels, a private well, a 2-car garage, and massive parking space for an RV, boat, or oversized vehicles. Combining privacy, income potential, and modern efficiencies, this rare property must be seen in person to appreciate its full value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,290 | 1,582.189 |
| Lot Size | 43,560 | 6,844.911 |
| Price | $1.15M | $805.1K |
| Price per sq ft | $502 | $518 |
| Built year | 1983 | 1974 |
| HOA | $60.0 | $210 |
| Days on market | 11 | 45 |
Oct 13, 2026
$1,150,000
Initial Listing
Nov 9, 2017
$624,000
Public Record
Sep 19, 2014
$515,000
Public Record
Jun 13, 2003
$545,000
Public Record