1167 Los Palos Drive, Salinas, California 93901, Salinas, 93901 - 3 bed, 3 bath
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1167 Los Palos Drive
Salinas, California 93901
ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,449Sq Ft
9,700Lot Size
Property Price
LIST PRICE$999,000
EST. MARKET VALUE
$1,010,825
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $999,000—positioned well below the $1,010,826 Fair Market Value by 1%. This valuation gap offers $11,826 in Instant Equity for the buyer. Featuring a 3-bedroom, 3-bathroom layout with versatile bonus rooms and a large corner lot, the home maintains a Condition Rating of 3. Located in a highly regarded school district, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home with long-term potential.
Estimated Market Value
$1,010,825
Based on Realkey algorithm analyzing recent comparable sales in Salinas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1167 Los Palos Drive Subject | $999,000* List Price | 3 | 3 | 2,449 | $413 | - |
A 31 La Mirada Court Sold | $999,000 | 4 | 3 | 2,454 | $407 | 0.2 mi |
B 119 San Juan Drive Sold | $975,000 | 4 | 3 | 2,130 | $458 | 0.5 mi |
C 632 San Tomas Way Sold | $925,000 | 3 | 2 | 1,863 | $497 | 0.1 mi |
D 1211 Via Paraiso Sold | $910,000 | 3 | 2 | 1,792 | $508 | 0.1 mi |
E 651 San Tomas Way Sold | $905,000 | 4 | 2 | 1,900 | $476 | 0.2 mi |
F 239 Oak Street Sold | $1,140,000 | 3 | 3 | 2,215 | $515 | 0.6 mi |
G 1266 San Marcos Drive Sold | $812,500 | 2 | 2 | 1,762 | $461 | 0.2 mi |
H 22 San Juan Drive Sold | $760,000 | 2 | 2 | 1,637 | $464 | 0.5 mi |
I 628 Alameda Avenue Active | $939,000 List Price | 5 | 3 | 2,372 | $396 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1965, the home has undergone recent cosmetic renovations including new flooring, fresh exterior paint, and updated lighting. While the kitchen cabinetry and appliances are dated, they are well-maintained and functional, making the property move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Living Space
With 2,449 square feet of living area plus two additional bonus rooms, this property offers exceptional flexibility for a home office, gym, or playroom, catering to modern lifestyle needs.
- Prime South Salinas Location
Situated on a large corner lot in a highly sought-after neighborhood, the home benefits from a top-rated school district and close proximity to Memorial Hospital, parks, and dining.
- Move-In Ready Updates
The residence features significant recent improvements, including new flooring throughout, fresh exterior paint, and an updated kitchen, providing a contemporary feel without immediate renovation costs.
CONSRISKS & DEFICIENCIES
- Pricing Momentum
The property has seen two price reductions within its first 28 days on the market, suggesting that the initial list price was above current market expectations for the area.
- Aging Infrastructure
Built in 1965, the home may possess original mid-century mechanical or structural systems that could require future capital investment despite the recent cosmetic updates.
About 1167 Los Palos Drive
Welcome to 1167 Los Palos Drive in the heart of desirable South Salinas on a large corner lot! This beautifully updated home features 3 bedrooms, 3 bathrooms, and an exceptional layout designed for today's lifestyle. Large rooms with a beautiful kitchen. Enjoy new flooring throughout and fresh exterior paint, creating a bright, modern, and move-in-ready feel. In addition to the spacious living areas, the home offers two versatile bonus rooms perfect for a home office, gym, craft room, or playroom. A convenient laundry room and mudroom connect to the attached 2-car garage, which includes ample extra storage. The backyard is perfect for entertaining and the trees and flowers are stunning! Located in one of South Salinas' most sought-after neighborhoods, this home is within a highly regarded school district and just minutes from Memorial Hospital, shopping, dining, parks, and major highways, making everyday living both convenient and enjoyable. Don't miss this incredible opportunity to own a spacious, updated home in an outstanding location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 9,700 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,449 | 1,586.885 |
| Lot Size | 9,700 | 6,939.262 |
| Price | $999.0K | $809.5K |
| Price per sq ft | $408 | $527 |
| Built year | 1965 | 1973 |
| HOA | $0 | $218 |
| Days on market | 34 | 46 |
Pricing History
Listed for Sale
Sep 3, 2026
$999,000
$1,019,000
-2% Price Drop
Initial Listing
Price Change
Aug 22, 2026
$1,019,000
$1,049,000
-3% Price Drop
Initial Listing
Price Change
Aug 6, 2026
$1,049,000
Initial Listing
Sold
Aug 7, 2025
$865,000
Public Record
Sold
Nov 17, 2014
$590,000
Public Record