
Salinas, California 93905
This Single-Story Residential Asset is a Strong Value Opportunity, listed at $610,000—positioned well above the $575,805 Fair Market Value by 5%. While priced slightly above market, the property features a 6,000-square-foot lot with a private patio, offering significant potential for outdoor expansion or an ADU. With a Condition Rating of 4, the home is well-maintained but requires modernization of its vintage infrastructure. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, entry-level home in an established Salinas neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 111 Mayfair Drive Subject | $610,000* List Price | 2 | 1 | 914 | $630 | - |
A 83 83 Beverly Dr Sold | $634,000 | 3 | 1 | 1,061 | $598 | 0.1 mi |
B 61 Beverly Drive Pending | $649,900 List Price | 3 | 1 | 1,061 | $613 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this home is well-maintained but significantly dated. The kitchen features older cabinetry and appliances, and the presence of a wall heater indicates older mechanical systems. While the property has functional updates like double-pane windows and fresh exterior paint, the interior finishes and systems are likely over 20-30 years old and require modernization.
The home is well-maintained with recent updates including fresh exterior paint and double-pane windows, offering immediate comfort and reduced initial maintenance for new owners.
The 6,000-square-foot lot provides a generous private backyard, offering significant potential for outdoor entertainment, gardening, or the addition of an Accessory Dwelling Unit (ADU).
The floor plan maximizes its footprint with a light-filled living area and a cozy fireplace, making it an ideal, accessible choice for first-time buyers or those looking to downsize.
At just 914 square feet with only two bedrooms and one bathroom, the property may feel restrictive for growing families or those requiring a dedicated home office.
Originally built in 1948, the home may feature aging electrical or plumbing systems typical of its era that could require future modernization despite its well-maintained appearance.
Welcome to this charming single-story home conveniently located in Salinas. This well-maintained residence offers 2 bedrooms, 1 bathroom, and approximately 914 square feet of comfortable living space, making it an excellent opportunity for first-time homebuyers, downsizers, or investors. The functional floor plan provides a welcoming living area filled with natural light and a cozy fireplace, a practical kitchen with ample cabinet space, and comfortable bedrooms designed for everyday living. Additional features include double-pane windows and fresh exterior paint. The private backyard offers plenty of room for outdoor entertainment, gardening, or simply relaxing. Situated in an established neighborhood, this home is conveniently located near schools, parks, shopping, dining, and provides easy access to major commuter routes. Whether you're looking for a place to call home or a great investment opportunity, 111 Mayfair Drive offers comfort, convenience, and excellent value. Don't miss the chance to make this Salinas home your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 914 | 1,621 |
| Lot Size | 6,000 | 7,100 |
| Price | $610.0K | $803.5K |
| Price per sq ft | $667 | $520 |
| Built year | 1948 | 1970 |
| HOA | $0 | $243 |
| Days on market | 13 | 45 |
Jul 9, 2026
$610,000
Initial Listing
Nov 10, 2010
$105,000
Public Record
Nov 30, 2004
$401,000
Public Record