796 Riverton Way, Salinas, California 93906, Salinas, 93906 - 2 bed, 2 bath
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796 Riverton Way
Salinas, California 93906
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,257Sq Ft
5,500Lot Size
Property Price
LIST PRICE$699,988
EST. MARKET VALUE
$656,053
6% AboveMARKET VALUE
SUMMARY
This 2-bedroom Single Family Residence presents a Strong Value Opportunity, listed at $699,988—positioned well above the $656,054 Fair Market Value by -6%. With a Condition Rating of 5, the property features original 1990 finishes, offering a blank canvas for modernization. Located within walking distance to Alvarez High School, the home provides significant convenience for families. While it lacks a cooling system, the durable tile flooring and functional layout offer a solid foundation. This is an ideal acquisition for Value-Add Investors or first-time buyers seeking a project.
Estimated Market Value
$656,053
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 |
|---|---|---|---|---|---|---|
★ 796 Riverton Way Subject 2 bd · 2 ba · 1,257 sqft · $522 | $699,988* List Price | 2 | 2 | 1,257 | $522 | - |
A 1666 El Dorado Drive Sold 3 bd · 2 ba · 1,312 sqft · $514 · 0.9 mi | $675,000 | 3 | 2 | 1,312 | $514 | 0.9 mi |
B 1780 Truckee Way Sold 4 bd · 2 ba · 1,320 sqft · $474 · 0.4 mi | $626,000 | 4 | 2 | 1,320 | $474 | 0.4 mi |
C 1626 Cambrian Drive Sold 3 bd · 2 ba · 1,368 sqft · $561 · 0.7 mi | $767,000 | 3 | 2 | 1,368 | $561 | 0.7 mi |
D 1 Meredith Circle Sold 3 bd · 2 ba · 1,659 sqft · $506 · 0.9 mi | $840,000 | 3 | 2 | 1,659 | $506 | 0.9 mi |
E 634 Yreka Drive Sold 4 bd · 2 ba · 1,260 sqft · $512 · 0.7 mi | $645,000 | 4 | 2 | 1,260 | $512 | 0.7 mi |
F 963 Fitzgerald Street Sold 3 bd · 3 ba · 1,681 sqft · $440 · 0.5 mi | $740,000 | 3 | 3 | 1,681 | $440 | 0.5 mi |
G 427 Chardonnay Drive Active 3 bd · 2 ba · 1,437 sqft · $567 · 0.9 mi | $815,000 List Price | 3 | 2 | 1,437 | $567 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property is 34 years old (built 1990) and appears to be in original condition with no evidence of recent renovations. The kitchen and bathrooms feature dated oak cabinetry, original tile countertops, and older white appliances, meeting the age-based criteria for poor condition which requires significant modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Educational Proximity
Ideally situated within walking distance to Alvarez High School, offering significant convenience for families and reducing daily school commute times.
- Low-Maintenance Interior
The home features tile flooring throughout the entire 1,257 sq ft living space, providing a durable, easy-to-clean, and allergy-friendly environment.
- Functional Amenities
Equipped with essential modern conveniences including an indoor laundry utility room, a 2-car garage, and a primary suite with double sinks.
CONSRISKS & DEFICIENCIES
- Lack of Cooling System
The property lacks a central cooling system, which may be a drawback for buyers during warmer months and could require additional investment.
- Limited Living Areas
The floor plan lacks a formal dining room or a separate family room, which may feel restrictive for buyers who prioritize distinct spaces for entertaining.
About 796 Riverton Way
Walking distance to Alvarez HIgh School....no more waiting in long lines to drop off kids at school!! This 2-bedroom, 2-bath home in Salinas offers 1,257 sq ft of living space featuring tile flooring throughout. The kitchen is equipped with electric cooktop and oven, dishwasher, microwave, refrigerator, tile countertops, pantry, garbage disposal, and alot of natural lighting. The living room includes a fireplace, adding a cozy touch. Primary Bathroom feature double sinks, tile finishes, and the primary bath has a stall shower while the second offers a shower and tub combination. Laundry is conveniently located inside the utility room and includes washer and dryer. Heating is provided by central forced air gas, and there is no cooling system. The layout includes an eat-in kitchen with no formal dining or family room. The property includes a 2-car garage. The home is located within the Alisal Union Elementary School District.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 5,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Salinas Unified Schools
John E. Steinbeck Elementary School
Grades K-6 • 0.4 mi
6/10
Loma Vista Elementary School
Grades K-6 • 0.4 mi
3/10
Creekside Elementary School
Grades K-6 • 0.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,257 | 1,582.189 |
| Lot Size | 5,500 | 6,844.911 |
| Price | $700.0K | $805.1K |
| Price per sq ft | $557 | $518 |
| Built year | 1990 | 1974 |
| HOA | $0 | $210 |
| Days on market | 32 | 45 |
Pricing History
Listed for Sale
Sep 22, 2026
$699,988
Initial Listing