1666 El Dorado Drive, Salinas, California 93906, Salinas, 93906 - 3 bed, 2 bath
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Salinas, California 93906
This Value-Add Single-Family Residence is listed at $650,000, offering a premium location directly across from El Dorado Park. While the price reflects its park-side desirability relative to the $592,211 Fair Market Value, the Condition Rating of 5 signals a major opportunity for forced appreciation. The functional single-level layout, 6,300 sqft lot, and proximity to North Salinas High School provide a strong foundation for a full interior rehab. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-upside renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1666 El Dorado Drive Subject | $650,000* List Price | 3 | 2 | 1,312 | $451 | - |
A 559 E Alvin Drive Sold | $624,000 | 3 | 2 | 1,253 | $498 | 0.4 mi |
B 1489 Lassen Avenue Sold | $720,000 | 4 | 2 | 1,260 | $571 | 0.4 mi |
C 208 Diablo Drive Sold | $660,000 | 3 | 1 | 1,112 | $594 | 0.9 mi |
D 1445 Amador Circle Sold | $553,000 | 3 | 2 | 1,296 | $427 | 0.6 mi |
E 1448 Modoc Avenue Active | $629,999 List Price | 3 | 2 | 1,036 | $608 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1971 (53 years old) with no evidence of major renovations. The kitchen is in poor condition with significant wear on original cabinetry and outdated appliances, including an avocado-colored dishwasher. The listing explicitly states the home is 'ready for updates,' indicating a need for a full rehab of the kitchen, bathrooms, and likely the original systems.
Situated directly across from El Dorado Park, the property offers immediate access to expansive green spaces and recreational facilities, providing a desirable view and enhanced lifestyle appeal.
The functional 3-bedroom, 2-bathroom single-story floor plan is highly sought after for its accessibility and efficient use of space, appealing to both first-time buyers and those looking to downsize.
With a 6,300 square foot lot and a spacious backyard, the property provides significant potential for outdoor entertaining, gardening, or future landscaping improvements.
The property is in largely original condition and requires updates to the kitchen and living areas, which will necessitate additional capital investment from the buyer.
The local elementary and middle schools currently hold low academic ratings (2-3), which may be a drawback for families prioritizing high-performance school districts.
Welcome to 1666 El Dorado Drive, a singlelevel 3 bedroom, 2 bath home offering a great opportunity to add your own personal touches. The functional floor plan includes a comfortable living area, dining space, and an efficient kitchen ready for your updates. Enjoy the goodsized backyard, ideal for gardening, play, or relaxing outdoor entertaining. The home sits directly across from beautiful El Dorado Park, giving you easy access to open green space, fields, and neighborhood recreation. Conveniently located near shopping, dining, and commuter routes, this North Salinas location offers everyday practicality with room to make it your own.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.8 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 | 1,312 | 1,353 | 48% |
| Lot Size | 6,300 | 6,098 | 57% |
| Price | $650.0K | $705.0K | 31% |
| Price per sq ft | $495 | $503 | 43% |
| Built year | 1971 | 1975 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 152 | 1% |
Apr 8, 2026
$650,000
Initial Listing