4205 Golden Oaks Lane, Monterey, California 93940, Monterey, 93940 - 1 bed, 1 bath
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Monterey, California 93940
This one-bedroom condominium represents a Strong Value Opportunity, listed at $460,000—positioned above the $420,961 Fair Market Value. While the property requires modernization, its Fair Condition Rating and prime location near the Del Monte Shopping Center offer a stable foundation for value-add improvements. Featuring a gas fireplace, enclosed balcony, and community pool, the unit provides essential lifestyle amenities. Given the high association fees and compact 560 sqft footprint, this asset is best suited for Buy-and-Hold Investors or first-time buyers seeking a manageable entry point into the Monterey market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4205 Golden Oaks Lane Subject | $460,000* List Price | 1 | 1 | 560 | $752 | - |
A 2301 Golden Oaks Lane Active | $475,000 List Price | 1 | 1 | 560 | $848 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980 (44 years old), the property is dated, featuring older elements like popcorn ceilings and basic carpeting. While it has been maintained with some updates like stainless steel appliances and functional systems (central heat, gas fireplace), it lacks a recent comprehensive renovation and requires cosmetic modernization to meet current market standards.
The property is ideally situated within walking distance to the Del Monte Shopping Center and offers easy access to world-class destinations like Cannery Row, Pebble Beach, and Carmel.
The unit boasts updated stainless steel appliances, a cozy gas fireplace, and an enclosed balcony that provides additional functional living space and comfort.
The monthly association fee covers essential utilities including water, garbage, and sewage, offering a simplified and predictable monthly budgeting experience for the owner.
The property was recently sold within the past year on 2026-03-24. The sold price is $410,000.00.
At $680 per month, the HOA fee is relatively high for a one-bedroom unit, which may impact the overall affordability and appeal for budget-conscious buyers.
With only 560 square feet of living space, the compact footprint may pose challenges for storage and furniture layout, potentially limiting the property's appeal to a smaller demographic.
This is a great one bedroom condo with bonus room in Monterey walking distance to the Del Monte Shopping Center. This unit is located on the second floor, tile and carpeted floors., electric range, stainless steel appliances. Garbage Disposal, gas fireplace, enclosed balcony, central heat, lots of closet space and much more, The complex offers covered parking, pool with clubhouse, coin-op laundry. 1 Small pet is negotiable. Close to shopping and schools. Garbage, water and sewage are included.. available now. Currently tenant occupied Monterey Peninsula is home to Cannery Row, Fisherman's Wharf and the Monterey Bay Aquarium. Popular destinations also include Big Sur, Pebble Beach and the City of Carmel
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 | 522 | 1,076 |
| Price | $460.0K | $591.8K |
| Price per sq ft | $821 | $698 |
| Built year | 1980 | 1970 |
| HOA | $680.0 | $737 |
| Days on market | 12 | 79 |
Jul 10, 2026
$460,000
Initial Listing
Mar 24, 2026
$410,000
Public Record
Jan 10, 2001
$206,000
Public Record
Nov 25, 1998
$129,000
Public Record