701 Valley Ave, Solana Beach, California 92075, Solana Beach, 92075 - 3 bed, 2 bath

701 Valley Ave, Solana Beach, California 92075 home-pic-0

701 Valley Ave

Solana Beach, California 92075

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,026Sq Ft
Lot Size

Property Price

LIST PRICE$2,499,900
EST. MARKET VALUE
$2,494,235

SUMMARY

Estimated Market Value

$2,494,235
Based on Realkey algorithm analyzing recent comparable sales in Solana Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
701 Valley Ave
Subject
$2,499,900*
List Price
321,026$2,431-
A
217 N Acacia Avenue
Sold
$1,915,00021896$2,1370.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property was built in 1954, making it over 50 years old. While the interior images show recent cosmetic updates such as fresh paint, updated flooring (hardwood and patterned tile), and refreshed kitchen and bathroom elements (blue cabinets, open shelving, subway tile backsplash in kitchen; updated vanities and tile in bathrooms), these updates appear to be more superficial or budget-friendly rather than a comprehensive renovation. The kitchen's white tiled countertops, though clean, are an outdated feature. The listing description itself highlights the 'Age of Existing Structure' as a weakness, stating it 'likely requires demolition or extensive renovation' for its development potential. This indicates that while the current home is livable and maintained, its major components are aged, and it has not undergone a full, high-quality renovation within the last 15 years to meet modern standards. It is functional but shows signs of being outdated, fitting the 'Fair' category.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9332, living area = 1026.

  • Prime Coastal Location

    Situated in Solana Beach, one of Southern California's most coveted coastal communities, offering immediate access to beaches, top-rated schools, Del Mar Fairgrounds, and the vibrant Cedros Design District.

  • Exceptional Development Opportunity

    Marketed as a 'best-in-class development opportunity,' indicating significant potential for value creation through redevelopment.

CONSRISKS & DEFICIENCIES

  • High Initial Investment

    The list price of nearly $2.5 million for a 1026 sq ft property represents a substantial upfront capital outlay, primarily for the land and development potential.

  • Age of Existing Structure

    Built in 1954, the current structure is old and likely requires demolition or extensive renovation, adding to the overall development costs and project timeline.

  • Complexity of Mixed-Use Project

    While approved, developing a mixed-use project (commercial office and multiple residential units) can be more complex than a single-family home, requiring specialized expertise in construction and leasing.

About 701 Valley Ave

701 Valley Ave is a best-in-class development opportunity in the heart of Solana Beach, California one of Southern Californias most coveted coastal communities. The property can be developed as a private residence (current use) with an adu/jr adu, or its fully entitled approved plans for a three-story, 6,290 square foot project that includes: -2,750 SF of professional or medical office space -Three residential units-One 3-Bedroom unit measuring 1,377 SF and two 739 SF Studio units. Situated west of Interstate 5, the Property offers an unmatched lifestyle experience, with immediate access to the beaches, top-rated schools, the Del Mar Fairgrounds, and the vibrant Cedros Design District known for its unique mix of shops, dining, and entertainment.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1954
Lot Size
-

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
33%
Baths2.03.0
37%
Square foot1,0262,171
7%
Lot Size-11,110.5
3%
Price$2.50M$2.85M
23%
Price per sq ft$2.4K$1.3K
93%
Built year19541979
13%
HOA$0$0
50%
Days on market29195
7%

Pricing History

Listed for Sale

Feb 6, 2026

$2,499,900

Initial Listing

Sold

Jul 30, 2021

$1,600,000

Public Record

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