1000 Portola Drive, Del Rey Oaks, California 93940, Del Rey Oaks, 93940 - 2 bed, 2 bath
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1000 Portola Drive
Del Rey Oaks, California 93940
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,550Sq Ft
5,964Lot Size
Property Price
LIST PRICE$1,150,000
EST. MARKET VALUE
$1,108,341
3% AboveMARKET VALUE
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $1,150,000—positioned well below the $1,108,342 Fair Market Value by -3%. Featuring a Condition Rating of 3, the home offers a modernized Granite Kitchen and sweeping canyon views. While the property requires minor updates to reach its full potential, its proximity to a 7-rated elementary school and Highway 1 ensures long-term desirability. This is an ideal acquisition for Owner-Occupants seeking a lifestyle upgrade or first-time buyers looking to build equity in a prime location.
Estimated Market Value
$1,108,341
Based on Realkey algorithm analyzing recent comparable sales in Del Rey Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1000 Portola Drive Subject | $1,150,000* List Price | 2 | 2 | 1,550 | $715 | - |
A 41 Ralston Drive Sold | $875,000 | 4 | 2 | 1,350 | $648 | 0.4 mi |
B 542 English Avenue Sold | $850,000 | 4 | 2 | 1,482 | $574 | 0.8 mi |
C 521 Hannon Avenue Sold | $1,183,000 | 3 | 2 | 1,980 | $597 | 0.9 mi |
D 217 Edinburgh Avenue Sold | $900,000 | 2 | 1 | 958 | $939 | 0.9 mi |
E 838 Portola Drive Active Under Contract | $950,000 List Price | 3 | 2 | 1,465 | $648 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1953, the property has undergone significant renovations including a kitchen with granite countertops and stainless appliances, and a modernized bathroom with subway tile. The interior shows well-maintained hardwood floors and updated fixtures, making it move-in ready and consistent with a 5-15 year old renovation cycle.
PROSSTRENGTHS & OPPORTUNITIES
- Scenic Hillside Views
The property features floor-to-ceiling windows and a spacious family room that capture sweeping hillside and canyon views, providing a serene and open atmosphere.
- Modernized Kitchen
The kitchen is equipped with contemporary granite countertops, a tile backsplash, and stainless-steel appliances, offering a functional and updated culinary space.
- Prime Location
Situated in Del Rey Oaks with easy access to Highway 1 and beaches, the home is also conveniently located just 0.1 miles from a highly-rated elementary school.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1550, other record living area = 1168. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Limited Bedroom Count
With only two bedrooms, the property may have limited appeal for larger families or buyers requiring multiple guest rooms and home offices.
- Modernization Needs
Built in 1953 and marketed as an opportunity to 'make it your own,' the home likely requires additional capital investment to fully update its mid-century features.
About 1000 Portola Drive
Sweeping hillside views create an unforgettable backdrop at this Del Rey Oaks home, offering the feeling of being connected to the Monterey Peninsula while still a world apart. Set on a large lot, the 2-bedroom, 2-bath residence offers approximately 1,550 square feet and an exciting opportunity to make it your own. At the back of the home, a spacious family room takes full advantage of the setting with exposed beams, a gas fireplace insert, and floor-to-ceiling windows framing the surrounding hills. Step outside to a backyard made for lingering, where expansive views and colorful sunsets bring a sense of openness and calm to everyday life. The kitchen features granite countertops, a tile backsplash, and stainless-steel appliances, while the primary bedroom includes an en-suite bath and walk-in closet. Beautiful landscaping adds curb appeal, and the convenient location provides easy access to shopping, beaches, Highway 1, and everything the Monterey Peninsula has to offer. Comfortable as it stands and filled with future possibilities, 1000 Portola Drive is a special place to create something entirely your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 5,964 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Del Rey Oaks Unified Schools
Del Rey Woods Elementary School
Grades K-5 • 0.1 mi
7/10
Foothill Elementary School
Grades K-5 • 1.5 mi
6/10
Walter Colton
Grades 6-8 • 4.0 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.8 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,550 | 1,398.5 |
| Lot Size | 5,964 | 6,946.75 |
| Price | $1.15M | $936.6K |
| Price per sq ft | $742 | $769 |
| Built year | 1953 | 1952 |
| HOA | $0 | $0 |
| Days on market | 31 | 93 |
Pricing History
Listed for Sale
Aug 9, 2026
$1,150,000
Initial Listing
Sold
May 31, 2022
$995,000
Public Record
Sold
Jul 10, 2020
$796,000
Public Record