
Salinas, California 93906
This property presents a High-Potential Investment Opportunity with a List Price of $649,000—positioned well below the $681,409 Fair Market Value by 4%. This valuation gap offers $32,409 in Instant Equity for buyers. With a Fair Condition Rating, the home requires cosmetic updates, yet the 7,600 sq. ft. lot and Direct Park Access provide significant upside. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants looking to build long-term value through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 236 Maryal Drive Subject 3 bd · 1 ba · 1,112 sqft · $613 | $649,000* List Price | 3 | 1 | 1,112 | $613 | - |
A 410 Noice Drive Sold 2 bd · 1 ba · 1,178 sqft · $552 · 0.4 mi | $650,000 | 2 | 1 | 1,178 | $552 | 0.4 mi |
B 452 Vallejo Street Sold 3 bd · 1 ba · 950 sqft · $689 · 0.3 mi | $655,000 | 3 | 1 | 950 | $689 | 0.3 mi |
C 407 Pueblo Drive Sold 3 bd · 2 ba · 1,069 sqft · $678 · 0.8 mi | $725,000 | 3 | 2 | 1,069 | $678 | 0.8 mi |
D 1163 Tyler Street Sold 2 bd · 1 ba · 1,080 sqft · $657 · 0.7 mi | $710,000 | 2 | 1 | 1,080 | $657 | 0.7 mi |
E 1205 Monroe Street Sold 2 bd · 1 ba · 1,193 sqft · $557 · 0.9 mi | $665,000 | 2 | 1 | 1,193 | $557 | 0.9 mi |
F 1242 Adams Street Sold 2 bd · 2 ba · 1,349 sqft · $524 · 0.9 mi | $707,000 | 2 | 2 | 1,349 | $524 | 0.9 mi |
G 1448 Modoc Avenue Sold 3 bd · 2 ba · 1,036 sqft · $608 · 0.6 mi | $630,000 | 3 | 2 | 1,036 | $608 | 0.6 mi |
H 1350 Cherokee Drive Sold 3 bd · 2 ba · 1,216 sqft · $654 · 1.0 mi | $795,000 | 3 | 2 | 1,216 | $654 | 1.0 mi |
I 1095 Tyler Street Active 2 bd · 1 ba · 1,065 sqft · $619 · 0.7 mi | $659,000 List Price | 2 | 1 | 1,065 | $619 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the property features a kitchen and interior finishes that appear to be approximately 20-30 years old (oak cabinetry and tile flooring). While the home is functional and move-in ready, it is significantly dated and the listing explicitly mentions the opportunity for personal updates and 'vision,' aligning with the Fair criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7600, living area = 1112.
The property features a private backyard gate providing immediate access to Santa Lucia Park, offering a unique and convenient extension of the outdoor living space for families.
Situated on a spacious 7,600 sq. ft. lot, the expansive backyard provides ample room for gardening, entertaining, or the potential addition of an Accessory Dwelling Unit (ADU).
With three bedrooms but only one bathroom, the property may face functional limitations for larger households and could impact competitive resale value.
The listing indicates a need for personal updates and utilizes digitally enhanced imagery, suggesting that immediate capital investment is required to modernize the interior and exterior.
Classic charm, a generous backyard, and direct park access! Welcome to 236 Maryal Drive, a single-story Salinas home offering 3 bedrooms, 1 bathroom, and approximately 1,112 sq. ft. on a spacious 7,600 sq. ft. lot. A brick fireplace anchors the inviting living room, while abundant windows bring in natural light. A separate dining area provides space to gather, and the kitchen features wood cabinetry and a gas range. An indoor laundry room and one-car garage add everyday convenience. The expansive fenced backyard offers room for entertaining, gardening, or relaxing in the sunshine, with a backyard gate providing direct access to Santa Lucia Park and its playground. With its established character and opportunity for personal updates, this home is ready for your vision. Come explore the possibilities! Select photos have been virtually staged; backyard grass has been digitally enhanced.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,112 | 1,582.189 |
| Lot Size | 7,600 | 6,844.911 |
| Price | $649.0K | $805.1K |
| Price per sq ft | $584 | $518 |
| Built year | 1951 | 1974 |
| HOA | $0 | $210 |
| Days on market | 18 | 45 |
Oct 6, 2026
$649,000
Initial Listing
Jul 12, 2007
$450,000
Public Record
Jul 30, 2004
$399,000
Public Record