632 San Tomas Way, Salinas, California 93901, Salinas, 93901 - 3 bed, 2 bath
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Salinas, California 93901
This Stunning Move-In Ready Home is a Prime Investment Opportunity, listed at $925,000—positioned well below the $952,991 Fair Market Value by 2%. This valuation gap offers $27,991 in Instant Equity. Featuring an Excellent Condition Rating with a Granite Kitchen, Bosch appliances, and radiant heat primary bath, this home requires no immediate work. Its large corner lot and proximity to Salinas Valley Memorial Hospital provide significant long-term value. This is an ideal acquisition for medical professionals or discerning owner-occupants seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 632 San Tomas Way Subject | $925,000* List Price | 3 | 2 | 1,863 | $512 | - |
A 1211 Via Paraiso Sold | $910,000 | 3 | 2 | 1,792 | $508 | 0.2 mi |
B 1116 San Diego Drive Sold | $900,000 | 3 | 2 | 1,776 | $507 | 0.1 mi |
C 1159 Wilgart Way Sold | $880,000 | 3 | 2 | 1,691 | $520 | 0.2 mi |
D 123 Chestnut Street Sold | $840,000 | 3 | 2 | 1,620 | $519 | 0.8 mi |
E 520 La Mesa Drive Sold | $739,000 | 3 | 2 | 1,582 | $467 | 0.3 mi |
F 333 Hawthorne Street Sold | $842,000 | 3 | 2 | 1,511 | $557 | 0.4 mi |
G 651 San Tomas Way Pending | $909,000 List Price | 4 | 2 | 1,900 | $478 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Extensive high-end renovations including a brand new furnace (2025), updated electrical panel, and Milgard windows. The kitchen and bathrooms have been modernly updated with premium features like Bosch appliances and radiant heat flooring, putting the home in mint, move-in ready condition.
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 = 1863.
The home features high-end finishes including Bosch appliances, granite countertops, and a spa-like primary bath with radiant heat, complemented by a brand-new furnace (2025) and updated electrical systems.
Situated on a desirable corner lot, the property offers exceptional curb appeal and rare side parking for up to six vehicles, providing significant utility for guests or multi-car households.
Although the property features a 50-year roof, it is approximately 20 years old, which may lead buyers to anticipate maintenance or replacement costs sooner than with a newer installation.
The assigned local schools carry average ratings (ranging from 2 to 6), which may be a consideration for families prioritizing top-tier educational districts.
Beautifully maintained 3BD/2BA home offering approx. 1,863 SF on approx. 7,600 SF corner lot in desirable Monterey Park, within walking distance to Salinas Valley Memorial Hospital. Situated on a corner lot which adds to the curb appeal. Traditional floor plan with stunning entry and wood floors throughout. Inviting family room with fireplace opens to updated kitchen featuring granite counters, Bosch appliances, and double ovens. Both bathrooms have been stunningly updated, including a spa-like primary bath with radiant heat. Spacious primary suite with large walk-in closet and custom built-ins throughout. Upgrades include Milgard windows, updated electrical panel, furnace replaced in 2025, newer garage door opener (2022), and 50-year roof/gutters (approx. 20 yrs). Beautifully landscaped with low-maintenance backyard and rare side parking for up to 6 cars. Home thoughtfully updated by licensed contractor. Agent did not measure house, lot or verify schools, age..
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.7 mi
Grades K-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,863 | 1,620 | 74% |
| Lot Size | 7,600 | 6,800 | 85% |
| Price | $925.0K | $820.0K | 92% |
| Price per sq ft | $497 | $511 | 38% |
| Built year | 1965 | 1961 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 135 | 8% |
Apr 24, 2026
$925,000
Initial Listing