741 Echo Valley Road, Salinas, California 93907, Salinas, 93907 - 3 bed, 1 bath
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Salinas, California 93907
This property presents a Strong Value Opportunity with a List Price of $699,000—positioned well below the $749,423 Fair Market Value by 6%. This valuation gap offers $50,423 in Instant Equity. Featuring a Fair Condition Rating, the home requires modernization, yet the 31,542 sqft lot and versatile outbuildings provide significant upside for forced appreciation. With distant mountain views and ample space for equipment, this is a high-potential asset ideal for Buy-and-Hold Investors or Contractors seeking a project with substantial utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 741 Echo Valley Road Subject | $699,000* List Price | 3 | 1 | 1,650 | $454 | - |
A 6640 Tustin Road Active | $900,000 List Price | 3 | 2 | 1,700 | $529 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 with no evidence of modern renovations; the interior features dated wood paneling, old carpeting, and an obsolete wall heater. The property requires a full rehab of the kitchen, bath, and systems to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31542, living area = 1650.
The property features a dedicated shop/garage and a substantial steel building, offering exceptional utility for contractors, hobbyists, or those requiring extensive storage for equipment and vehicles.
Situated on a generous 31,542 sqft lot, the property provides ample space for RV, boat, and trailer parking, allowing for a private compound feel with significant outdoor flexibility.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The home features three bedrooms but only one bathroom, which may be a significant drawback for families and could impact the property's functional flow and marketability.
Built in 1952, the property likely requires modernization and updates to its core systems and interior finishes to meet contemporary living standards and energy efficiency.
Spread your wings and imagine the possibilities at 741 Echo Valley Rd. This 3-bedroom, 1-bath property offers the space and versatility you've been looking for while creating your own private compound. In addition to the home, you'll find a shop/garage and a good-sized steel building ideal for hobbyists, contractors, car enthusiasts, storage, or a variety of other uses. With plenty of room to park an RV, boats, trailers, and more, this property is designed for those who need extra space to work, play, and grow. Don't miss this opportunity to create your vision and enjoy the freedom of country-style living while still being conveniently located near local amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,650 | 1,621 |
| Lot Size | 31,542 | 7,100 |
| Price | $699.0K | $803.5K |
| Price per sq ft | $424 | $520 |
| Built year | 1952 | 1970 |
| HOA | $0 | $243 |
| Days on market | 27 | 45 |
Jun 25, 2026
$699,000
Initial Listing