1266 San Marcos Drive, Salinas, California 93901, Salinas, 93901 - 2 bed, 2 bath
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Salinas, California 93901
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $798,000—positioned well above the $774,749 Fair Market Value by -3%. Featuring a Condition Rating of 4, the home offers significant upside through cosmetic modernization of its 1964 interiors. The property boasts soaring wood-beamed ceilings and a private backyard with a stone fountain, providing a solid foundation for value-add projects. Located in the desirable Monterey Park neighborhood, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1266 San Marcos Drive Subject | $798,000* List Price | 2 | 2 | 1,762 | $440 | - |
A 1180 San Marcos Drive Sold | $810,000 | 3 | 2 | 1,998 | $405 | 0.2 mi |
B 1211 Via Paraiso Sold | $910,000 | 3 | 2 | 1,792 | $508 | 0.2 mi |
C 520 La Mesa Drive Sold | $739,000 | 3 | 2 | 1,582 | $467 | 0.1 mi |
D 15 Del Rey Circle Sold | $940,000 | 4 | 3 | 2,108 | $446 | 1.0 mi |
E 1201 San Angelo Drive Active Under Contract | $829,999 List Price | 3 | 2 | 1,588 | $523 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the home features a well-maintained but dated interior. The kitchen and bathrooms show signs of a renovation likely performed 25-30 years ago, featuring oak cabinetry, older tile countertops, and vintage gold-tone fixtures. While the structure appears sound and the character elements like wood-beamed ceilings are in good shape, the property requires significant cosmetic updates to meet modern standards.
Situated in the highly coveted Monterey Park neighborhood of South Salinas, the property offers a peaceful, tree-lined setting with excellent proximity to top-rated schools, parks, and healthcare.
The home features unique craftsmanship including soaring wood-beamed ceilings, rich built-in cabinetry, and oversized windows that provide abundant natural light and a timeless aesthetic.
The 6,300 sqft lot includes a beautifully landscaped, private backyard with mature trees, a stone fountain, and a serene patio, ideal for outdoor relaxation and entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With only two bedrooms despite having over 1,700 square feet of living space, the property may have less appeal for larger families or those requiring a dedicated home office.
While full of character, the 1964 construction and 'room to personalize' suggest that buyers may need to invest in cosmetic or functional upgrades to align with contemporary design standards.
Located in the highly desirable Monterey Park neighborhood, 1266 San Marcos Drive is a home with rare soul. A spacious 2-bedroom, 2-bath single-level home, every corner of this property tells a story of craftsmanship and character. Soaring wood-beamed ceilings, a brick fireplace, rich built-in cabinetry, and warm earthy tile floors create an atmosphere that feels both timeless and inviting. Walls of oversized windows flood the living spaces with natural light while framing views of a lush, private backyard, complete with mature trees, a stone fountain, and a serene patio perfect for morning coffee or evening gatherings. Enjoy tree-lined streets, nearby parks, shopping, dining, and easy access to healthcare facilities, all while being tucked within one of South Salinas' most sought-after neighborhoods and just a short drive from Monterey's beautiful coastline. With room to personalize and make it your own, this is a rare opportunity to establish roots in a neighborhood that homeowners cherish for decades.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,762 | 1,622.5 | 67% |
| Lot Size | 6,300 | 6,750 | 31% |
| Price | $798.0K | $810.0K | 42% |
| Price per sq ft | $453 | $509 | 28% |
| Built year | 1964 | 1960 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 127 | 3% |
Jun 3, 2026
$798,000
Initial Listing