540 Gabilan Dr, Soledad, CA 93960
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OFF MARKET

    540 Gabilan Dr, Soledad, CA 93960

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    35700 Eagle Rdg, Soledad, CA
    3.82
    Lot/Land
    $230,000
    06/03/26
    -
    -
    40895 Cherry Ave, Greenfield, CA
    7.97
    Lot/Land
    $1,325,000
    04/10/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    888 Las Flores St, Soledad, CA 93960
    0.09
    $814,000
    7
    4
    3,197
    Off Market
    864 Las Flores St, Soledad, CA 93960
    0.10
    $658,200
    4
    2
    1,557
    Off Market
    545 Ventura Ct, Soledad, CA 93960
    0.06
    $700,500
    4
    3
    1,994
    Off Market
    965 Las Flores St, Soledad, CA 93960
    0.14
    $780,000
    6
    3
    2,637
    Recently Sold
    984 Las Flores St, Soledad, CA 93960
    0.14
    $742,200
    5
    3
    2,543
    Off Market
    520 Serra Ct, Soledad, CA 93960
    0.12
    $732,500
    4
    3
    1,994
    Off Market
    606 Rusconi Dr, Soledad, CA 93960
    0.13
    -
    4
    2
    1,688
    Off Market
    945 San Miguel, Soledad, CA 93960
    0.18
    -
    6
    3
    2,637
    Off Market
    840 Alhambra St, Soledad, CA 93960
    0.18
    $632,300
    3
    2
    1,360
    Off Market
    509 Davalos St, Soledad, CA 93960
    0.16
    $722,000
    4
    2
    1,804
    Recently Sold
    796 Andalucia Dr, Soledad, CA 93960
    0.21
    $691,400
    4
    2
    1,490
    Off Market
    521 Davalos St, Soledad, CA 93960
    0.17
    $799,000
    3
    2
    1,804
    For Sale

    Local Information

    • Map ViewExplore the area around 540 Gabilan Dr.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    4.61 acres

    About this House

    96 Units Fully Entitled and Permitted, Shovel Ready. The Gabilan Apartment Homes will provide high quality rental residences to the Soledad rental market. Demand for quality housing in the Salinas Valley continues to outpace the supply of new housing built. Quality rental housing is in great demand. Soledad residences are mainly employed by the agriculture industry and the California State Correctional Facility in Soledad that employs over 1,000 employees with many high paying salaries. The Gabilan Apartments are centrally located in the City of Soledad in an upscale single family neighborhood. The site is located on the south side of Gabilan Drive between Orchard Lane and Granada Street. The project is fully entitled and permitted with a total project cost estimated at $27,250,000 or $283,000/unit. The stabilized NOI is approximately $1.8M providing a yield on cost of approximately 6.6%. Upon stabilization, we expect the property to be worth over $38.0M.
    540 Gabilan Dr, Soledad, CA 93960 is a lot/land. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $2,802/month.

    Home Details for 540 Gabilan Dr

    Property Information

    Property Type / Style
    Property Type: Lot Land

    Lot Information

    Lot Area: 4.61 acres

    Price and Tax history

    DateEventPrice
    Mar 5, 2021
    Source: MLSListings Inc
    		ListingRemoved
    Jan 4, 2021
    Source: Agent Provided
    		Listed For Sale
    $5,000,000

    Market trends in Soledad

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    12

    Around this home

    What Locals Say about Soledad

    At least 64 Trulia users voted on each feature.

    • 90 % Say there are sidewalks

    • 86 % Say it's dog friendly

    • 85 % Say yards are well-kept

    • 80 % Say there's holiday spirit

    • 78 % Say parking is easy

    • 72 % Say car is needed

    • 70 % Say streets are well-lit

    • 69 % Say kids play outside

    • 66 % Say they plan to stay for at least 5 years

    • 61 % Say it's quiet

    • 60 % Say people would walk alone at night

    • 53 % Say it's walkable to restaurants

    • 52 % Say neighbors are friendly

    • 49 % Say it's walkable to grocery stores

    • 33 % Say there are community events

    • 24 % Say there's wildlife

    Sourced by Trulia users. Learn more about our methodology.
    • Mich Aldair
      "I’m not a dog owner so I don’t need to reply this question my only comment is the city needs to create jobs and better schools "
      0
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    • Mich Aldair
      "Schools are safe, is a lot of parks and people walking around, city is safe , the Only thing people stole packages from front doors!"
      0
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    • Mich Aldair
      "Is a nice place to race a family, unfortunately need shopping center and mall to be perfect. Soledad is a great town "
      0
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    • Connie H.
      "Like the fact that it’s a dog friendly community and a safe place to walk your dogs You don’t see dogs without a leash"
      0
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    • Scaap.soledad
      "Commute to the major retailers is 30 minutes away. We have very little except dollar stores here which is frustrating."
      0
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    • Francisco
      "My commute to salinas is shorter than what it seems. It takes me less than 5 minutes to get on the freeway. I enjoy my commute. "
      0
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    • Sserrnao
      "People are very friendly and it’s very quiet nice and relaxing. Not a lot of traffic and people stop to say hello or to see how your day is "
      1
      Flag
    • Liz
      "I did work at soledad prison, very nice to live close to work....."
      2
      Flag

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