522 Pheasant Ridge Road, Del Rey Oaks, California 93940, Del Rey Oaks, 93940 - 1 bed, 1 bath
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522 Pheasant Ridge Road
Del Rey Oaks, California 93940
ACTIVE
CONDITION: GOOD
1Beds
1Baths
696Sq Ft
732Lot Size
Property Price
LIST PRICE$465,000
EST. MARKET VALUE
$444,496
4% AboveMARKET VALUE
SUMMARY
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $499,000—positioned well below the $455,339 Fair Market Value by -9%. Featuring a Condition Rating of 3, this unit offers a turnkey lifestyle with fresh paint, new carpet, and scenic views of rolling hills. Residents enjoy premium amenities including a pool, spa, and sport court. Its single-level, corner-unit layout provides rare privacy and accessibility. This property is an ideal acquisition for first-time buyers or downsizing professionals seeking a peaceful, low-maintenance sanctuary.
Estimated Market Value
$444,496
Based on Realkey algorithm analyzing recent comparable sales in Del Rey Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 522 Pheasant Ridge Road Subject 1 bd · 1 ba · 696 sqft · $639 | $465,000* List Price | 1 | 1 | 696 | $639 | - |
A 720 Pheasant Ridge Road Active 1 bd · 1 ba · 696 sqft · $668 · 0.0 mi | $465,000 List Price | 1 | 1 | 696 | $668 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property is well-maintained and move-in ready. While built in 1988, it features recent cosmetic updates including fresh paint, new carpeting, and stainless steel appliances, making it highly functional without immediate need for major repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Accessibility and Privacy
This single-level corner end unit offers rare privacy with no neighbors above and convenient street-level access with no stairs, making it ideal for those seeking a quiet, accessible living environment.
- Move-In Ready Condition
The interior features fresh paint, new carpeting, and stainless steel appliances, providing a modern and refreshed aesthetic that allows for immediate occupancy without the need for initial renovations.
- Desirable Location and Amenities
Located in the Del Rey Oaks sunbelt, the property offers scenic hill views and access to comprehensive community amenities including a pool, spa, and sport court, all within minutes of Monterey Peninsula attractions.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly association fee of $544 is relatively high for a one-bedroom unit, which may impact the overall affordability and monthly carrying costs for potential buyers.
- Limited Square Footage
At 696 square feet, the compact living space may be a constraint for buyers requiring more room for storage, a home office, or entertaining guests.
About 522 Pheasant Ridge Road
Enjoy easy, sunbelt living in the desirable Oaks of Del Rey Oaks! This single level 1-bedroom, 1-bath corner end unit offers privacy, scenic views and convenient street-level access with no stairs to climb, plus no neighbors above for added peace and quiet. Inside youll find fresh paint and carpet, a cozy gas fireplace, stainless steel appliances, closet built-ins and washer/dryer hookups. Multiple windows and a sliding glass door fill the home with natural light, framing views of rolling hills and surrounding oak trees. Step outside onto your private, uncovered deck to take in sunshine, fresh air and peaceful setting. Additional features include a private storage unit, plus two assigned parking spots, including a covered carport. Enjoy community amenities such as the pool, spa or sport court. Conveniently located just minutes from Monterey Peninsula shopping, dining, beaches and outdoor recreation, this ideally located condo is a wonderful place to call home!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 732 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $544.0 / Month
Neighborhood Insights
Del Rey Oaks Unified Schools
Foothill Elementary School
Grades K-5 • 1.4 mi
6/10
Walter Colton
Grades 6-8 • 4.4 mi
3/10
Monterey High School
Grades 9-12 • 3.9 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 696 | 1,088 |
| Lot Size | 732 | 1,071 |
| Price | $465.0K | $670.0K |
| Price per sq ft | $668 | $616 |
| Built year | 1988 | 1988 |
| HOA | $544.0 | $611 |
| Days on market | 40 | 28 |
Pricing History
Listed for Sale
Oct 20, 2026
$465,000
$499,000
-7% Price Drop
Initial Listing
Price Change
Sep 14, 2026
$499,000
Initial Listing