3095 Marina Drive 40, Marina, California 93933, Marina, 93933 - 2 bed, 2 bath
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3095 Marina Drive 40
Marina, California 93933
ACTIVE
CONDITION: FAIR
2Beds
2Baths
963Sq Ft
1,026Lot Size
Property Price
LIST PRICE$560,000
EST. MARKET VALUE
$492,909
13% AboveMARKET VALUE
SUMMARY
This Condominium presents a High-Potential Investment Opportunity with a List Price of $560,000—positioned well above the $492,910 Fair Market Value by -13%. While the property features a Condition Rating of 4 with modern Granite Kitchen updates, the dated mechanicals and high HOA fees require careful financial planning. Located minutes from Marina State Beach, this unit offers a coastal lifestyle with an Attached Garage. This property is best suited for Buy-and-Hold Investors or first-time buyers seeking a coastal entry point.
Estimated Market Value
$492,909
Based on Realkey algorithm analyzing recent comparable sales in Marina.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3095 Marina Drive 40 Subject | $560,000* List Price | 2 | 2 | 963 | $512 | - |
A 3137 Seacrest Avenue 6 Sold | $530,000 | 2 | 2 | 1,004 | $528 | 0.3 mi |
B 3137 Seacrest Avenue 17 Sold | $580,000 | 3 | 3 | 1,264 | $459 | 0.3 mi |
C 3095 Marina Drive 49 Active | $575,000 List Price | 2 | 2 | 1,120 | $513 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1981, the property is over 40 years old. While it features some cosmetic updates such as granite countertops and laminate flooring, the kitchen cabinets and wall heating systems appear original and dated, fitting the criteria for a property over 20 years old needing minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- Coastal Proximity
The property is ideally situated just minutes from Marina State Beach and scenic coastal trails, offering residents easy access to the Pacific Ocean and outdoor recreation.
- Modern Interior Features
The condo features desirable upgrades including granite countertops, a skylight for enhanced natural light, and the convenience of an in-unit laundry and gas fireplace.
- Attached Garage
The inclusion of an attached one-car garage provides secure parking and additional storage, which is a premium and highly functional feature for condominium living.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $682 is relatively high, which significantly increases the total monthly carrying cost and may impact overall affordability for some buyers.
- Modest School Ratings
The assigned elementary and middle schools currently hold lower performance ratings, which may be a drawback for families prioritizing top-tier educational districts.
About 3095 Marina Drive 40
Coastal Living in the Heart of Marina Welcome to one of Marina's best values! This bright 2-bedroom, 2-bath condo offers an open floor plan with granite countertops, a skylight that fills the living space with natural light, laminate flooring, a cozy gas fireplace, inside laundry, and an attached one-car garage. Just minutes from Marina State Beach, this home places you close to miles of sandy beaches, scenic walking and biking trails, and the beauty of the Pacific Ocean. Marina is one of the Monterey Peninsula's fastest-growing communities, with exciting new restaurants, shopping, parks, and continued revitalization, making it an ideal place to call home. Whether you're a first-time buyer, downsizing, or looking for an investment, this home offers an affordable opportunity to enjoy the Monterey Peninsula lifestyle without the premium price. Coastal living, everyday convenience, and exceptional value all come together in one great location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 1,026 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $682.0 / Month
Neighborhood Insights
Marina Unified Schools
Marina Vista Elementary School
Grades K-5 • 0.9 mi
3/10
Los Arboles Middle School
Grades 6-8 • 0.4 mi
3/10
Marina High School
Grades 9-12 • 0.9 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 963 | 2,354 |
| Lot Size | 1,026 | 1,416 |
| Price | $560.0K | $701.2K |
| Price per sq ft | $582 | $472 |
| Built year | 1981 | 2025 |
| HOA | $682.0 | $476 |
| Days on market | 29 | 61 |
Pricing History
Listed for Sale
Aug 11, 2026
$560,000
Initial Listing
Sold
Mar 12, 2025
$550,000
Public Record
Sold
Oct 3, 2018
$374,000
Public Record
Sold
Mar 30, 2016
$272,000
Public Record
Sold
Aug 31, 2000
$180,000
Public Record
Sold
Feb 12, 1999
$133,000
Public Record
Sold
May 19, 1995
$115,000
Public Record