4106 Golden Oaks Lane, Monterey, California 93940, Monterey, 93940 - 1 bed, 1 bath
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Monterey, California 93940
This 1-bedroom condominium presents a Strong Value Opportunity, listed at $462,000—positioned well above the $421,717 Fair Market Value by 9%. While the property requires cosmetic updates due to its Fair Condition Rating, it offers a prime location near shopping, hospitals, and freeway access. The single-story layout and community amenities like the pool and clubhouse provide significant lifestyle appeal. This property is an ideal acquisition for Buy-and-Hold Investors seeking a rental-ready asset or first-time buyers looking to enter the Monterey market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4106 Golden Oaks Lane Subject | $462,000* List Price | 1 | 1 | 560 | $753 | - |
A 4205 Golden Oaks Lane Active | $460,000 List Price | 1 | 1 | 560 | $821 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980 (44 years old), the property appears well-maintained but is significantly dated. The kitchen and bathroom retain older cabinetry, fluorescent box lighting, and aged appliances that likely exceed 20 years, fitting the criteria for needing cosmetic updates.
The property is ideally situated near shopping centers, restaurants, hospitals, and freeway access, offering exceptional convenience for daily errands and commuting.
Residents benefit from desirable community features including a pool, clubhouse, and barbecue area, providing added value and recreational opportunities.
The single-level layout eliminates the need for stairs, making the home highly accessible and appealing to a wide range of buyers, including those prioritizing mobility.
The monthly HOA fee of $699 is significant for a 560-square-foot unit, which may deter budget-conscious buyers or impact financing qualifications.
At just 560 square feet, the compact living space may feel restrictive for buyers seeking more room for storage, guests, or a home office.
Well maintained, 1 bedroom, 1 bath in Monterey's Golden Oaks Community. Property is single story, with fireplace. community pool, barbeque area and clubhouse. Great location to shopping center, restaurants. hospital, and freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.0 |
| Baths | 1.0 | 1.0 |
| Square foot | 560 | 630 |
| Lot Size | - | 1,076 |
| Price | $462.0K | $591.8K |
| Price per sq ft | $825 | $698 |
| Built year | 1980 | 1970 |
| HOA | $699.0 | $737 |
| Days on market | 10 | 79 |
Jul 12, 2026
$462,000
Initial Listing
Oct 19, 2021
$400,000
Public Record
Apr 5, 2005
$340,000
Public Record