
Salinas, California 93905
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $385,000—positioned well above the $366,432 Fair Market Value by 5%. While the price reflects a premium, the property features a Condition Rating of 3, highlighted by a Granite Kitchen, wood laminate flooring, and serene pond views. The seller’s 2-1 interest rate buydown provides significant short-term affordability. Despite modest local school ratings, the community amenities and updated interior make this an ideal choice for first-time buyers or Owner-Occupants seeking a tranquil, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 166 Kern Street 13 Subject | $369,000* List Price | 2 | 2 | 1,073 | $337 | - |
A 166 Kern Street 18 Sold | $385,500 | 2 | 2 | 1,073 | $359 | 0.0 mi |
B 166 Kern Street 26 Sold | $373,000 | 2 | 2 | 1,073 | $348 | 0.0 mi |
C 166 Kern Street 19 Sold | $339,000 | 1 | 2 | 1,073 | $316 | 0.0 mi |
D 190 Kern Street 48 Sold | $385,000 | 2 | 2 | 1,073 | $359 | 0.1 mi |
E 158 Kern Street 11 Active | $335,000 List Price | 2 | 1 | 946 | $354 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1977, the property features significant updates including granite countertops in the kitchen and bathrooms, durable wood laminate flooring, and fresh interior paint. It is described as move-in ready and well-maintained, fitting the 5-15 year renovation profile.
This bright end-unit offers peaceful pond views and a serene waterfront atmosphere, providing a premium sense of privacy and tranquility within the community.
The seller is offering a 2-1 interest rate buydown, significantly improving affordability by lowering monthly mortgage payments for the first two years.
The home features move-in-ready finishes including granite countertops in the kitchen and baths, durable wood laminate flooring, and fresh interior paint.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The monthly HOA fee of $830 is substantial relative to the purchase price, which may impact the debt-to-income ratio for some prospective buyers.
The local elementary and middle schools carry lower performance ratings (ranging from 2 to 4), which may be a consideration for families prioritizing education metrics.
Enjoy peaceful pond views from this bright end-unit condominium in the desirable Sherwood Lake community. This 2-bedroom, 2-bath home offers approximately 1,073 square feet of comfortable living space with an open floor plan, wood-burning fireplace, Granite kitchen and bathroom counters, interior laundry, and durable wood laminate flooring. Fresh interior paint adds a clean, updated feel, while large windows and sliding doors bring in natural light and showcase the waterfront setting. HOA amenities include a pool, spa, clubhouse, walking paths, beautifully maintained common areas, and exterior maintenance.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 1.2 mi
Grades K-6 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,073 | 1,220 |
| Lot Size | - | 3,349.333 |
| Price | $369.0K | $503.4K |
| Price per sq ft | $344 | $425 |
| Built year | 1977 | 1980 |
| HOA | $830.0 | $567 |
| Days on market | 77 | 89 |
Aug 14, 2026
$369,000
$385,000
-4% Price Drop
Initial Listing
Jun 24, 2026
$385,000
Initial Listing
Feb 6, 2020
$225,000
Public Record
Oct 19, 2006
$375,000
Public Record
Jun 30, 1999
$110,000
Public Record