520 Calaveras Drive, Salinas, California 93906, Salinas, 93906 - 3 bed, 2 bath
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520 Calaveras Drive
Salinas, California 93906
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,015Sq Ft
3,500Lot Size
Property Price
LIST PRICE$629,000
EST. MARKET VALUE
$638,799
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $629,000—positioned well below the $638,800 Fair Market Value by 1.5%. This valuation gap offers $9,800 in Instant Equity. Featuring an Excellent Condition Rating with a newly renovated kitchen and modern interior updates, the home is move-in ready. The property offers significant ADU potential in the backyard, making it an ideal choice for Buy-and-Hold Investors or first-time buyers seeking a polished, low-maintenance home.
Estimated Market Value
$638,799
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 |
|---|---|---|---|---|---|---|
★ 520 Calaveras Drive Subject | $629,000* List Price | 3 | 2 | 1,015 | $629 | - |
A 1667 Klamath Drive Sold | $690,000 | 4 | 2 | 1,260 | $548 | 0.1 mi |
B 1752 Humboldt Drive Sold | $652,000 | 3 | 2 | 1,187 | $549 | 0.3 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.
Although built in 1972, the property has undergone a comprehensive recent renovation (less than 5 years) including a brand-new kitchen with quartz countertops and cabinetry, fully updated bathrooms, new windows, recessed lighting, and new flooring throughout. The exterior has also been refreshed with new paint and garage updates, meeting the criteria for a mint-condition, move-in-ready home.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Updates
The property has been comprehensively refreshed with a new kitchen featuring quartz countertops, updated bathrooms, new windows, and fresh interior/exterior paint, ensuring a move-in-ready experience.
- Development Potential
The backyard and garage layout offer significant potential for an Accessory Dwelling Unit (ADU) or conversion, providing a valuable opportunity for multi-generational living or rental income.
- Turnkey Condition
With new laminate flooring, recessed lighting, and a refurbished garage door under a 5-year warranty, the home minimizes the need for immediate post-purchase capital expenditures.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At just 1,015 square feet for a 3-bedroom, 2-bathroom configuration, the interior living spaces may feel cramped for larger families or those requiring more storage.
- Low-Rated Local Schools
The assigned elementary and middle schools have low performance ratings (2-3/10), which may be a concern for families and could impact long-term resale value.
About 520 Calaveras Drive
Welcome to 520 Calaveras Drive, a beautifully refreshed 3-bedroom home in North Salinas where comfort and modern updates come together!! Step inside to a bright, welcoming interior featuring new windows, fresh paint, recessed lighting, and new laminate flooring and carpet. The beautifully updated kitchen shines with new quartz countertops, cabinetry, sink, and refrigerator, creating a fresh and functional space to cook, gather, and enjoy. Both bathrooms have been refreshed with new vanities/sinks, and toilets, including a new shower/tub in the guest bathroom. New interior doors and fresh exterior paint add to the homes move-in-ready feel. The 2-car garage features a new garage entry door and a replacement refurbished main garage door with a 5-year warranty. Out back, the generously sized yard is a blank canvas perfect for a BBQ, and patio area, garden, play space, or your own outdoor retreat. There may also be potential for a future ADU in the backyard or possible garage conversion. Buyer to investigate and verify feasibility and requirements with the appropriate agencies. With so many thoughtful updates, comfortable living spaces, and possibilities for the future, 520 Calaveras Drive is ready for you to move in, make it your own, and feel right at home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 3,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Salinas Unified Schools
Natividad Elementary School
Grades K-6 • 0.3 mi
3/10
Loma Vista Elementary School
Grades K-6 • 0.5 mi
3/10
El Gabilan Elementary School
Grades K-6 • 0.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,015 | 1,586.885 |
| Lot Size | 3,500 | 6,939.262 |
| Price | $629.0K | $809.5K |
| Price per sq ft | $620 | $527 |
| Built year | 1972 | 1973 |
| HOA | $0 | $218 |
| Days on market | 19 | 46 |
Pricing History
Listed for Sale
Aug 21, 2026
$629,000
Initial Listing