9891 Equestrian Place, Salinas, California 93907, Salinas, 93907 - 3 bed, 2 bath
Loading property details...
Salinas, California 93907
This Remodeled Equestrian Estate is a Prime Investment Opportunity listed at $1,256,000—positioned well below the $1,284,312 Fair Market Value by 2%. This valuation gap offers $28,312 in Instant Equity for buyers. Boasting a Mint Condition Rating, the residence features a high-end chef’s kitchen, engineered hardwoods, and panoramic mountain views. The 3.4-acre lot includes a 1,200+ sqft shop with ADU potential, served by the North Monterey County Unified district. It is an ideal sanctuary for Owner-Occupants or multi-generational families seeking rural luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9891 Equestrian Place Subject | $1,199,000* List Price | 3 | 2 | 1,747 | $648 | - |
A 16290 Blackie Road Sold | $1,235,000 | 3 | 3 | 2,010 | $614 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1985, the property has been extensively remodeled with a high-end custom chef's kitchen, modern appliances, and engineered hardwood flooring. The interior and exterior show mint-condition maintenance with no immediate repairs needed, qualifying it for the top tier due to the recent high-quality renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 148104, living area = 1747.
Situated on 3.4 usable acres in Equestrian Estates, the property offers rare space for horses, outdoor hobbies, and privacy, complemented by stunning mountain and pasture views.
The oversized 1,200+ sqft garage/shop includes a half-bath and provides an excellent opportunity for conversion into an Accessory Dwelling Unit (ADU) or a premium workspace for car enthusiasts.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1747, other record living area = 1488.
The large family room is not included in the official 1,747 square footage, which may present challenges regarding permitted space, financing, and property valuation.
Managing 3.4 acres of land along with multiple outbuildings and a 1980s-era structure demands substantial ongoing time and financial investment for upkeep and landscaping.
Embrace starry skies, and the only morning interruption are the birds singing. Single story home with extraordinary views and 3.4 usable acres in Equestrian Estates. Remodeled, open floor plan with warm and classy finishes. The heart of the home is the custom and spacious chefs kitchen with breakfast bar, high end appliances and accents that add character and charm. Cozy up to the fireplace on cooler nights. Engineered hardwood floors, custom window shutters, skylights and more. Family room (not included in sf) adds significantly and is all about having a good time, socializing and designed for optimal enjoyment ... holiday parties, game nights, football Sundays or opportunity for more bedrooms/bath. A dedicated laundry room with sink enhances the practicality of daily routines. Outside, enjoy ample 1200sf+ garage/shop with 1/2 bath and space for three+ vehicles, and potential for converting shop into ADU. 2 sheds perfect for hobbies or additional storage. Or create an equestrian haven for your horses. Large circular driveway with extra parking. Easy access to Highway 101 and highway 1, a short drive to coastal beaches.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,747 | 1,717 | 51% |
| Lot Size | 148,104 | 28,314 | 91% |
| Price | $1.20M | $870.0K | 86% |
| Price per sq ft | $686 | $532 | 94% |
| Built year | 1985 | 1974 | 71% |
| HOA | $377.0 | $0 | 91% |
| Days on market | 98 | 137 | 26% |
May 30, 2026
$1,199,000
$1,256,000
-5% Price Drop
Initial Listing
Mar 1, 2026
$1,256,000
Initial Listing
May 23, 1997
$264,000
Public Record
Jun 17, 1994
$235,000
Public Record