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

701 Valley Ave
Solana Beach, California 92075
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 701 Valley Ave Subject | $2,499,900* List Price | 3 | 2 | 1,026 | $2,431 | - |
A 217 N Acacia Avenue Sold | $1,915,000 | 2 | 1 | 896 | $2,137 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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 The kitchen's white tiled countertops, though clean, are an outdated feature.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 It is functional but shows signs of being outdated, fitting the 'Fair' category.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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 33% |
| Baths | 2.0 | 3.0 | 37% |
| Square foot | 1,026 | 2,171 | 7% |
| Lot Size | - | 11,110.5 | 3% |
| Price | $2.50M | $2.85M | 23% |
| Price per sq ft | $2.4K | $1.3K | 93% |
| Built year | 1954 | 1979 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 195 | 7% |
Pricing History
Listed for Sale
Feb 6, 2026
$2,499,900
Initial Listing
Sold
Jul 30, 2021
$1,600,000
Public Record





































