
Salinas, California 93908
This Hybrid Residential Property represents a Strong Value Opportunity, listed at $1,190,000, which aligns with its $1,190,000 Fair Market Value. While the home maintains a Condition Rating of 4, it offers significant upside through cosmetic modernization of its 1990s-era finishes. The expansive 1.5-acre lot and the inclusion of a separate updated cottage provide excellent utility for multi-generational living or rental income. Featuring scenic mountain views and a spacious primary suite, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Property is moderate renovation needed.
Built in 1992 (32 years old), the home is functional and well-maintained but features dated original finishes. The kitchen contains older oak cabinetry and electric coil cooktops, while the bathrooms show 90s-era gold-trimmed fixtures. Although move-in ready, the property requires cosmetic updates to the main living areas 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 = 66211, living area = 2205.
The property includes a separate cottage with an updated kitchen and bathroom, offering excellent potential for rental income, a guest house, or multi-generational living.
Situated on over 1.5 acres in the desirable San Benancio neighborhood, the home provides significant privacy and serene mountain and woodland views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =66211, other record lot size in square feet = 69457.
The property only offers a one-car garage, which may be a drawback for households with multiple vehicles or those requiring extra storage space.
With over 200 days on the market and a recent price reduction, the property may face challenges regarding buyer perception and competitive positioning.
Welcome to this charming home located in the San Benancio neighborhood. The main house is 2,205 square feet of living space, this residence features two bedrooms and two full bathrooms, including a primary bathroom with large tub with jets and a stall shower. The kitchen is equipped with appliances such as an electric cooktop, solid surface/Corian countertops, dishwasher, hood over range, microwave, and refrigerator. The open dining area is conveniently located in the living room, accented by a fireplace. Flooring throughout the home includes a combination of carpet and laminate. Additional amenities include a bay window, a security gate for added peace of mind, and a walk-in closet for ample storage space. The laundry area is equipped with both 110V and 220V electricity hookups located in the 1 car garage. There is a cottage on the property. One bedroom, one bathroom with updated kitchen and bathroom. Nice spacious deck located off the bedroom.
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 | 2,205 | 1,621 |
| Lot Size | 66,211 | 7,100 |
| Price | $1.19M | $803.5K |
| Price per sq ft | $540 | $520 |
| Built year | 1992 | 1970 |
| HOA | $0 | $243 |
| Days on market | 218 | 45 |
May 7, 2026
$1,190,000
$1,225,000
-3% Price Drop
Initial Listing
Dec 16, 2025
$1,225,000
Initial Listing