116 Oak Street, Salinas, California 93901, Salinas, 93901 - 1 bed, 1 bath
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Salinas, California 93901
This Modernized Historic Cottage is a Strong Value Opportunity, listed at $589,900—positioned well below the $629,234 Fair Market Value by 6%. This valuation gap provides $39,334 in Instant Equity. Boasting a Condition Rating of 2, the home features a high-end kitchen with stone countertops, blue shaker cabinetry, and a farmhouse sink. The oversized 6,500-square-foot lot offers rare expansion potential in the walkable Maple Park area, steps from Lincoln Elementary and Salinas High School. This is an exceptional find for lifestyle-focused occupants or first-time buyers seeking turnkey charm with significant future upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 116 Oak Street Subject | $589,900* List Price | 1 | 1 | 846 | $744 | - |
A 255 Katherine Avenue Sold | $660,000 | 2 | 1 | 880 | $750 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1924, this cottage has undergone an extensive recent renovation that meets modern standards. The kitchen is fully updated with high-end stainless steel appliances, blue shaker cabinetry, stone countertops, and a farmhouse sink. The interior features refinished hardwood flooring, recessed lighting, and crown molding throughout. The bathroom has been modernized with subway tile and updated fixtures, and the exterior shows a tankless water heater, indicating significant system upgrades. The property is in move-in condition with no visible deferred maintenance.
Situated in the coveted Maple Park area, this property offers a highly walkable lifestyle with close proximity to Old Town Salinas' bistros, theaters, and cultural attractions.
The generous 6,500-square-foot lot provides a rare opportunity for a one-bedroom home, offering ample space for future additions, gardening, or ADU development.
Built in 1924, this home features timeless character and an efficient, light-filled layout that provides a refreshing alternative to high-density condo living.
With only one bedroom and one bathroom, the property's appeal is restricted to a smaller demographic, potentially limiting resale value for growing families.
As a structure built in 1924, the home may require ongoing maintenance or costly updates to aging systems typical of vintage properties.
Tucked along a tree-lined street in coveted Maple Park area this thoughtfully scaled 1-bedroom, 1-bath cottage offers something increasingly rare simplicity, without compromise. At approximately 846 square feet, the home lives comfortably with a layout that feels open, functional, and easy to maintain. Natural light fills the space, highlighting its character and effortless cottage charm. Step outside and youll find what truly sets this property apart a generously sized lot with room to expand, garden, or simply enjoy your own private outdoor space a refreshing alternative to the shared common areas often found in higher-density living. Envision future possibilities, or keep things just as they are simple, complete, and entirely your own. Just moments from Old Town Salinas coffee shops, local bistros, theatre, and the museum placing you at the center of a vibrant and walkable community. Its about lifestyle.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 3% |
| Baths | 1.0 | 2.0 | 13% |
| Square foot | 846 | 1,593 | 5% |
| Lot Size | 6,500 | 6,500 | 50% |
| Price | $589.9K | $805.0K | 5% |
| Price per sq ft | $697 | $509 | 95% |
| Built year | 1924 | 1962 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 149 | 3% |
Mar 20, 2026
$589,900
Initial Listing
Apr 13, 2023
$565,000
Public Record
Jan 15, 2020
$399,000
Public Record
Sep 19, 2011
$182,000
Public Record
Mar 21, 2007
$400,000
Public Record