
Monterey, California 93940
This Turnkey Condominium represents a Strong Value Opportunity, listed at $598,000—positioned well above the $558,811 Fair Market Value. While priced at a premium, the unit features a Condition Rating of 3, highlighted by brand-new flooring, fresh paint, and updated kitchen appliances. Residents enjoy a swimming pool, private enclosed balcony, and a prime location near Del Monte Mall and local beaches. This property offers a stable, move-in-ready lifestyle for first-time buyers or owner-occupants seeking a low-maintenance residence in Monterey.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2308 Golden Oaks Lane Subject | $598,000* List Price | 2 | 1 | 802 | $697 | - |
A 3104 Golden Oaks Lane Sold | $435,000 | 1 | 1 | 656 | $663 | 0.0 mi |
B 250 Forest Ridge Road 45 Sold | $630,000 | 2 | 1 | 1,039 | $606 | 0.9 mi |
C 1210 Golden Oaks Lane Active | $699,000 List Price | 2 | 2 | 900 | $777 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1980 but recently refreshed with brand new flooring and paint throughout. Includes brand new kitchen appliances (microwave and range). While the bathroom tile remains dated, the unit is well-maintained, functional, and move-in ready.
The property is ideally situated near Del Monte Mall and Elroy's Market, with quick access to Carmel, Pebble Beach, and local beaches, offering exceptional convenience for shopping and recreation.
Featuring brand-new flooring, fresh paint, and new kitchen appliances including a microwave and cook range, the unit provides a modern, move-in-ready experience.
The layout maximizes its 802 square feet with a bright living room, a cozy gas fireplace, and a large private enclosed balcony that extends the usable living space.
The monthly HOA fee of $545 is relatively high for a unit of this size, which may impact the overall affordability and debt-to-income ratio for potential buyers.
With two bedrooms but only one bathroom, the property may face challenges in attracting small families or roommates who typically prefer more flexible plumbing arrangements.
Great location. Close to Del Monte Mall, within walking distance to Elroy's Market, a 5-minute drive to Carmel, 10 minutes to Del Monte Beach. Close to downtown Monterey and Pebble Beach. The complex has swimming pool, spacious parking lot and laundry facilities. The layout of the entire interior space is comfortable, and every corner can be fully utilized. The spacious and bright living room is equipped with a warm gas fireplace and connected to a large private enclosed balcony. Brand new flooring and paint in hallway, living room and bedrooms. Brand new microwave oven with hood and brand-new cook range.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 802 | 857.5 | 45% |
| Lot Size | - | 596.5 | 45% |
| Price | $598.0K | $591.5K | 50% |
| Price per sq ft | $746 | $682 | 73% |
| Built year | 1980 | 1977 | 64% |
| HOA | $545.0 | $619 | 41% |
| Days on market | 24 | 147 | 5% |
May 13, 2026
$598,000
Initial Listing
Jun 19, 2013
$259,000
Public Record
Apr 14, 2006
$481,000
Public Record
Nov 6, 2001
$237,000
Public Record