1204 Palermo Drive, Salinas, California 93905, Salinas, 93905 - 4 bed, 3 bath
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1204 Palermo Drive
Salinas, California 93905
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,738Sq Ft
6,510Lot Size
Property Price
LIST PRICE$949,999
EST. MARKET VALUE
$927,897
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $949,999—positioned well above the $927,897 Fair Market Value by 2%. While priced slightly above market, the home maintains a Good Condition Rating and features a 2,738 square foot layout with a Granite Kitchen and Solar Panels. Located within walking distance to local schools, this property offers a stable, move-in-ready environment for families. It is an ideal acquisition for Owner-Occupants seeking a modern, well-maintained home or first-time buyers prioritizing space and school proximity.
Estimated Market Value
$927,897
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 |
|---|---|---|---|---|---|---|
★ 1204 Palermo Drive Subject 4 bd · 3 ba · 2,738 sqft · $339 | $949,999* List Price | 4 | 3 | 2,738 | $339 | - |
A 1622 Bologna Court Sold 4 bd · 3 ba · 2,487 sqft · $377 · 0.2 mi | $938,000 | 4 | 3 | 2,487 | $377 | 0.2 mi |
B 1336 Rossano Court Sold 4 bd · 3 ba · 3,257 sqft · $284 · 0.2 mi | $925,000 | 4 | 3 | 3,257 | $284 | 0.2 mi |
C 1564 Verona Court Sold 5 bd · 3 ba · 3,095 sqft · $300 · 0.2 mi | $930,000 | 5 | 3 | 3,095 | $300 | 0.2 mi |
D 1116 Eagle Drive Sold 5 bd · 3 ba · 2,255 sqft · $373 · 0.6 mi | $840,000 | 5 | 3 | 2,255 | $373 | 0.6 mi |
E 1073 Sardinia Drive Sold 4 bd · 3 ba · 2,853 sqft · $324 · 0.2 mi | $925,000 | 4 | 3 | 2,853 | $324 | 0.2 mi |
F 1185 Raven Court Active 4 bd · 3 ba · 1,821 sqft · $439 · 0.5 mi | $799,000 List Price | 4 | 3 | 1,821 | $439 | 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.
Built in 2007, this property is approximately 19 years old, placing it squarely in the 'Good' category. The images show a well-maintained, move-in-ready home. The kitchen features functional oak cabinetry, granite countertops, and stainless steel appliances. The bathrooms are clean and fully functional with original tile finishes. The exterior and systems appear well-kept, with the added benefit of solar panels on a tile roof.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious Interior Layout
Boasting 2,738 square feet of living space, this home offers a generous floor plan featuring a separate family room and dedicated dining area, perfect for large families and entertaining.
- Modern Construction
Built in 2007, this residence is relatively new for the area, providing modern building standards, updated systems, and a contemporary aesthetic compared to older neighborhood stock.
- Excellent School Proximity
The property is ideally situated for families, located within walking distance to Tiburcio Vasquez Elementary (0.19 miles) and Alisal High School (0.37 miles).
CONSRISKS & DEFICIENCIES
- Average School Ratings
The assigned public schools currently hold lower performance ratings (3-4 out of 10), which may be a consideration for education-focused buyers and long-term appreciation.
- Lack of Central Cooling
The home relies on ceiling fans for cooling rather than a central air conditioning system, which could be a drawback for buyers seeking precise climate control during warmer periods.
About 1204 Palermo Drive
Located in Salinas, this spacious 2,738 square foot home offers four bedrooms and two full bathrooms on a 6,510 square foot lot. The residence features a gas-burning fireplace, providing warmth and ambiance in the main living areas. The layout includes a separate family room and a dedicated dining area, accommodating various living and entertaining needs. Additional comfort is provided by central forced air heating and ceiling fans for cooling. The property includes a two-car garage, adding convenience and storage options. This home is situated within the Alisal Union Elementary School District.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 6,510 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Salinas Unified Schools
Tiburcio Vasquez Elementary
Grades K-6 • 0.2 mi
3/10
Bardin Elementary School
Grades K-6 • 0.5 mi
3/10
El Sausal Middle School
Grades 7-8 • 1.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,738 | 1,582.189 |
| Lot Size | 6,510 | 6,844.911 |
| Price | $950.0K | $805.1K |
| Price per sq ft | $347 | $518 |
| Built year | 2007 | 1974 |
| HOA | $0 | $210 |
| Days on market | 36 | 45 |
Pricing History
Listed for Sale
Sep 18, 2026
$949,999
Initial Listing
Sold
Jul 20, 2010
$309,000
Public Record