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PRICE $2,500,000
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE n/a

Rare near-entitled infill development opportunity. The subject property consists of approximately 7.63 acres across two legal parcels, planned for a 37-lot single-family residential subdivision. The approved development program includes 37 detached homes, all 3-bedroom, 2-bath, with floor plans. ranging from, 1,150 to 1,350 square feet, w/ garages. The project is substantially through the entitlement process. An MND was completed, a full EIR was not required, and public hearings have been conducted. The final map has been approved and is ready to record, subject to posting of performance bonds. Plans are in final updates to current code standards. Proposed improvements include full horizontal development: grading, private roads, curb and gutter, sidewalks, underground utilities, storm drainage, and engineered retaining walls. The site benefits from strong frontage, good access, and an established surrounding residential neighborhood. Located near Natividad Hospital, schools, retail corridors, and major commuter routes, the property is well positioned to serve strong workforce and entry-level homebuyer demand. Salinas continues to experience limited new housing supply, supporting favorable absorption for new construction SFR product.

LAST UPDATED 1/28/2026 YEAR BUILT 0
COUNTY Monterey STATUS Active
PROPERTY TYPE(S) Lot/Land/Acreage


ADDITIONAL DETAILS
LOT 0
LOT DIMENSIONS 327136.00
UTILITIES None
ZONING R-L-5.5
Listed by Nicholas Tortorelli | 831-272-3103, NT Real Estate

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

Based on information from MLSListings MLS as of 1/28/26 9:06 PM PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This IDX solution is (c) Diverse Solutions 2026.


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