
Salinas, California 93905
Analysis of 78 Ragsdale Court, Salinas, California 93905 is currently available with a list price of $419,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Salinas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1935 (89 years old) with no evidence of recent renovations, this property is explicitly marketed as a 'Contractor's Special' and 'raw material.' Given its age, small footprint (480 sqft), and description as a 'blank canvas' for investors, it meets the criteria for land value focus and total rehabilitation.
The property features a generous 4,497 square foot lot relative to its small 480 square foot footprint, offering ample space for a substantial addition or the construction of an ADU.
Situated on a quiet one-way street, the home is steps away from local bakeries, restaurants, and parks, providing high walkability and community appeal.
The fully fenced yard includes mature citrus trees and a spacious backyard, offering a private and versatile environment for professional landscaping or outdoor entertaining.
Marketed as a 'Contractor's Special,' this 1935 structure requires significant investment and vision to address its aged condition and bring it up to modern standards.
At only 480 square feet, the current interior is exceptionally small for a two-bedroom residence, which may pose functional challenges for traditional buyers.
Near the end of a small, one-way street in Salinas, this Contractor's Special awaits transformation at the hands of an investor or anyone who loves bringing a vision to life. A single-level home offering two bedrooms and one bathroom, it sits steps from a beloved independent flower shop and just minutes from great bakeries, restaurants, local stores, and a community park. Fragrant citrus trees grow along the fence that encloses the front yard, where there is ample room to cultivate vibrant gardens or create a hardscaped sitting area for relaxed outdoor entertaining. A landscape architect would work wonders here, both in the front yard and in the spacious backyard. Fully fenced and private, it represents a genuine blank canvas -- a chance to mold something beautiful out of compelling raw material. The existing home spans just 480 square feet and sits on 4,497 square feet of land, suggesting potential for future expansion, whether through an addition or an ADU. Inside, a generous living room flows seamlessly into an informal dining area, while a galley kitchen occupies its own space at the rear of the home and looks out onto the yard. This is a wonderful home ready for someone with imagination to write the next chapter of its story.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 480 | 1,282 | 4% |
| Lot Size | 4,497 | 5,784 | 19% |
| Price | $419.0K | $670.0K | 4% |
| Price per sq ft | $873 | $502 | 96% |
| Built year | 1935 | 1978 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 156 | 15% |
Mar 17, 2026
$419,000
$469,000
-11% Price Drop
Initial Listing
Feb 23, 2026
$469,000
Initial Listing