9723 Bluestem, Salinas, California 93907, Salinas, 93907 - 3 bed, 3 bath
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9723 Bluestem
Salinas, California 93907
ACTIVE UNDER CONTRACT
CONDITION: POOR
3Beds
3Baths
2,017Sq Ft
12,769Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$757,818
7% BelowMARKET VALUE
SUMMARY
This Single Family Residence presents a Strong Value Opportunity, listed at $699,000—positioned well below the $757,818 Fair Market Value by 7%. This valuation gap offers $58,818 in Instant Equity for buyers. With a Condition Rating of 5, the home requires comprehensive upgrades, yet features a private cul-de-sac location, a large 1/3-acre lot, and access to Oak Hills HOA amenities. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through renovation.
Estimated Market Value
$757,818+$58,818 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Salinas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9723 Bluestem Subject | $699,000* List Price | 3 | 3 | 2,017 | $376 | - |
A 9810 Rye Court Sold | $865,000 | 4 | 2 | 2,234 | $387 | 0.3 mi |
B 9460 S Century Oak Road Sold | $700,000 | 3 | 2 | 1,602 | $437 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1978 (46 years old) with no evidence of major renovations. The kitchen and bathrooms feature original cabinetry and tile that show significant wear, and the listing explicitly states the home needs upgrades throughout and a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12769, living area = 2017.
- Private Cul-de-Sac Location
Situated on a quiet cul-de-sac and backing onto open space, the property offers exceptional privacy and serene wooded views from the rear deck.
- Spacious Lot and Layout
The home features a desirable single-story floor plan of over 2,000 sq ft set on a generous 0.29-acre lot, providing ample indoor and outdoor living space.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The property requires comprehensive upgrades throughout, necessitating a significant additional budget for modernization and repairs to meet contemporary standards.
- Dated Infrastructure
With the same family ownership for 28 years and a 1978 build date, the home likely features aged systems and finishes that may require immediate attention.
About 9723 Bluestem
This great single story Oak Hills home offers three bedrooms & two & a half bathsin 2015 sq ft. located on a quiet cul-de-sac and almost 1/3 acre. The rear deck faces open space & is very private. this home is part of the Oak Hills Home Owners Association close to the Oak Hillscommunity park with swimming pool, spa & tennis courts. Same family ownership for the last 28 years. This home needs upgrades throughout. Bring your imagination.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 12,769 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $68.0 / Month
Neighborhood Insights
Salinas Unified Schools
North Monterey County High School
Grades 9-12 • 0.7 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,017 | 1,586.885 |
| Lot Size | 12,769 | 6,939.262 |
| Price | $699.0K | $809.5K |
| Price per sq ft | $347 | $527 |
| Built year | 1978 | 1973 |
| HOA | $68.0 | $218 |
| Days on market | 23 | 46 |
Pricing History
Listed for Sale
Aug 17, 2026
$699,000
Initial Listing
Sold
May 22, 1998
$245,000
Public Record
Sold
Jul 8, 1994
$230,000
Public Record