
Salinas, California 93907
This Single Family Residence is a Strong Value Opportunity, listed at $599,000—positioned well below the $641,000 Fair Market Value by 6%. This valuation gap offers $42,000 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home offers a refreshed kitchen and open-beam ceilings on a spacious corner lot. While compact, the property provides a move-in-ready lifestyle near local schools. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking immediate value in Northern Salinas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 673 Alvarado Court Subject | $599,000* List Price | 2 | 1 | 985 | $651 | - |
A 684 Alvarado Court Sold | $680,000 | 3 | 2 | 1,170 | $581 | 0.0 mi |
B 1075 Sherman Drive Sold | $670,000 | 3 | 2 | 1,170 | $573 | 0.2 mi |
C 740 Alvarado Drive Sold | $655,000 | 3 | 2 | 1,170 | $560 | 0.1 mi |
D 561 Powell Street Sold | $658,000 | 3 | 2 | 1,243 | $529 | 0.5 mi |
E 505 Powell Street Active | $624,900 List Price | 2 | 1 | 985 | $634 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1980, the property is move-in ready with a refreshed kitchen featuring stainless steel appliances, subway tile, and butcher-block countertops. The living areas have updated laminate flooring and modern lighting, placing the renovations within the 5-15 year range for a 'Good' rating despite some dated elements like popcorn ceilings.
The home features dramatic open-beam wood ceilings and an open-concept layout that creates a bright, airy atmosphere and adds significant aesthetic appeal.
A refreshed kitchen with butcher-block countertops and stainless steel appliances, combined with updated laminate flooring, ensures the property is ready for immediate occupancy.
Positioned on a 4,914 sqft corner lot, the property offers enhanced privacy and a seamless indoor-outdoor flow through multiple sliding glass doors leading to a landscaped backyard.
With only 985 square feet of living area and two bedrooms, the home's compact footprint may be restrictive for growing families or those needing a home office.
The presence of only one bathroom is a notable drawback for multi-occupant households and can be a limiting factor for future resale value.
Welcome to 673 Alvarado Court, a move-in-ready home ideally positioned on a spacious corner lot in Northern Salinas. Step inside to a bright and inviting open living space highlighted by beautiful laminate flooring, dramatic open-beam wood ceilings, and a cozy fireplace that adds warmth and character. The adjoining dining area is filled with natural light, with multiple sliding glass doors creating a seamless connection to the backyard and patio. The refreshed kitchen offers plenty of cabinetry, butcher-block-style countertops, a subway tile backsplash, pantry storage, updated lighting, and stainless steel appliances, including the refrigerator, gas range, and dishwasher. Both bedrooms offer comfortable living space, while the primary features direct sliding-door access to the backyard. Outside, enjoy a private fenced yard with patio space, mature landscaping, and plenty of room to relax, entertain, garden, or create your own outdoor retreat. Additional conveniences include an attached two-car garage, washer and dryer, and excellent natural light throughout. With its distinctive architecture, inviting open layout, corner-lot setting, and indoor-outdoor living, this charming home is ready for its next owner. *Assumable VA loan financing may be available to qualified buyers.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 985 | 1,586.885 |
| Lot Size | 4,914 | 6,939.262 |
| Price | $599.0K | $809.5K |
| Price per sq ft | $608 | $527 |
| Built year | 1980 | 1973 |
| HOA | $0 | $218 |
| Days on market | 20 | 46 |
Aug 20, 2026
$599,000
Initial Listing
Apr 6, 2022
$555,000
Public Record
Jul 30, 2018
$345,000
Public Record
Aug 27, 2008
$172,000
Public Record
Apr 30, 1998
$129,000
Public Record