1961 Gladstone Way, Salinas, California 93906, Salinas, 93906 - 4 bed, 2 bath
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1961 Gladstone Way
Salinas, California 93906
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,733Sq Ft
5,046Lot Size
Property Price
LIST PRICE$839,000
EST. MARKET VALUE
$864,947
SUMMARY
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $839,000—positioned well below the $864,947 Fair Market Value by 2%. This valuation gap offers $25,947 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a modern Granite Kitchen and durable laminate flooring. While school ratings in the area are modest, the property’s move-in ready status and functional layout make it an ideal acquisition for first-time buyers or Owner-Occupants seeking a high-quality, low-maintenance lifestyle.
Estimated Market Value
$864,947
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 |
|---|---|---|---|---|---|---|
★ 1961 Gladstone Way Subject 4 bd · 2 ba · 1,733 sqft · $499 | $839,000* List Price | 4 | 2 | 1,733 | $499 | - |
A 470 Cascade Way Sold 4 bd · 2 ba · 1,733 sqft · $508 · 0.4 mi | $880,000 | 4 | 2 | 1,733 | $508 | 0.4 mi |
B 1992 Princeton Court Sold 5 bd · 3 ba · 2,177 sqft · $402 · 0.5 mi | $875,000 | 5 | 3 | 2,177 | $402 | 0.5 mi |
C 345 Chardonnay Drive Sold 4 bd · 3 ba · 2,324 sqft · $400 · 0.3 mi | $930,000 | 4 | 3 | 2,324 | $400 | 0.3 mi |
D 478 Churchill Way Sold 3 bd · 2 ba · 1,437 sqft · $557 · 0.2 mi | $800,000 | 3 | 2 | 1,437 | $557 | 0.2 mi |
E 767 Los Coches Avenue Sold 4 bd · 2 ba · 1,509 sqft · $505 · 0.9 mi | $762,777 | 4 | 2 | 1,509 | $505 | 0.9 mi |
F 1829 Delancey Drive Sold 3 bd · 3 ba · 1,443 sqft · $561 · 0.8 mi | $810,000 | 3 | 3 | 1,443 | $561 | 0.8 mi |
G 1752 Humboldt Drive Sold 3 bd · 2 ba · 1,187 sqft · $549 · 0.5 mi | $652,000 | 3 | 2 | 1,187 | $549 | 0.5 mi |
H 231 Montclair Lane Active Under Contract 2 bd · 2 ba · 1,303 sqft · $529 · 0.7 mi | $689,000 List Price | 2 | 2 | 1,303 | $529 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1999, the property has undergone a high-quality modern renovation within the last 5 years. The kitchen features contemporary white shaker cabinetry, updated stainless steel appliances, and designer stone countertops/backsplash. With uniform laminate flooring, crown molding, and a meticulously maintained exterior, the home is in mint condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Kitchen Finishes
The kitchen is equipped with premium granite countertops and a gas range, featuring an open-concept flow into the family room that is ideal for modern living and entertaining.
- Accessible Primary Suite
The desirable ground-floor primary bedroom includes a walk-in closet and an en-suite bathroom with double sinks, offering convenience and long-term accessibility.
- Low-Maintenance Interior
Laminate flooring throughout the entire 1,733 square foot floor plan provides a durable, stylish, and easy-to-clean environment for busy households.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned elementary and middle schools have low ratings (2-3), which may impact the property's appeal to families prioritizing high-performing school districts.
- Lack of Central Cooling
The home relies on ceiling fans rather than a central air conditioning system, which could be a drawback for buyers during warmer summer months.
About 1961 Gladstone Way
Located in Salinas, this 4-bedroom, 2-bath home offers 1,733 square feet of living space with functional features throughout. The kitchen includes granite countertops, a gas oven range with a hood, exhaust fan, and refrigerator, and flows into a combined kitchen and family room area. Laminate flooring runs throughout the home, contributing to an easy-to-maintain environment. The living room features a fireplace, providing a cozy focal point. The primary bedroom on the ground floor includes a walk-in closet and a bathroom with double sinks, granite surfaces, a stall shower, and an additional shower-over-tub setup in the second bathroom. Additional amenities include ceiling fans for cooling, forced air heating, and laundry facilities located inside the home. The property accommodates parking with a two-car garage.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 5,046 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Salinas Unified Schools
Loma Vista Elementary School
Grades K-6 • 0.8 mi
3/10
Natividad Elementary School
Grades K-6 • 0.8 mi
3/10
El Gabilan Elementary School
Grades K-6 • 1.1 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,733 | 1,582.189 |
| Lot Size | 5,046 | 6,844.911 |
| Price | $839.0K | $805.1K |
| Price per sq ft | $484 | $518 |
| Built year | 1999 | 1974 |
| HOA | $0 | $210 |
| Days on market | 2 | 45 |
Pricing History
Listed for Sale
Oct 22, 2026
$839,000
Initial Listing
Sold
Sep 15, 2010
$250,000
Public Record
Sold
Feb 18, 2000
$255,500
Public Record