516 Oak Lake Avenue, Santa Rosa, CA 95409, Santa Rosa, 95409 - 3 bed, 2 bath
Loading property details...
516 Oak Lake Avenue
Santa Rosa, CA 95409
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,456Sq Ft
7,000Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$524,080
9% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $475,000—positioned well below the $524,080 Fair Market Value by 9%. This valuation gap offers $49,080 in Instant Equity for buyers willing to modernize the interior. Featuring a Fair Condition Rating and original 1967 finishes, the home provides a blank canvas for value-add renovations. Located in the desirable Rincon Valley, this is a Buy-and-Hold Investor or Owner-Occupant acquisition ideal for those seeking long-term appreciation.
Estimated Market Value
$524,080+$49,080 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Rosa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 516 Oak Lake Avenue Subject 3 bd · 2 ba · 1,456 sqft · $360 | $475,000* List Price | 3 | 2 | 1,456 | $360 | - |
A 712 Jack London Drive Sold 3 bd · 2 ba · 1,328 sqft · $403 · 0.4 mi | $535,000 | 3 | 2 | 1,328 | $403 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1967 and largely in original condition, this property exceeds the 30-year threshold without significant renovation. The kitchen and bathrooms are severely dated with original cabinetry and laminate surfaces, and the overall interior requires a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly desirable Rincon Valley neighborhood, the property benefits from top-rated schools, proximity to shopping, and a community with high pride of ownership.
- Exceptional Value
Priced at $475,000, this home represents a rare entry-level opportunity for a detached single-family residence in a premium Santa Rosa submarket.
- Functional Layout and Lot
The single-level ranch-style floor plan features desirable hardwood floors and sits on a generous 7,000 square foot lot, providing excellent indoor-outdoor flow.
CONSRISKS & DEFICIENCIES
- Dated Condition
Built in 1967, the property likely requires significant cosmetic and functional modernization to meet current market standards and buyer expectations.
- Renovation Requirement
The listing explicitly suggests the need for future upgrades, indicating that a buyer should budget for immediate capital expenditures upon purchase.
About 516 Oak Lake Avenue
Charming single-level, 3-bedroom, 2-bath ranch-style home in a prime Rincon Valley neighborhood. Situated in a well-maintained neighborhood where pride of ownership is evident throughout, this inviting home offers hardwood floors, a cozy fireplace, and sliding glass doors opening to a spacious, private backyard. Conveniently located near schools, shopping, and transportation. An exceptional opportunity to enjoy comfortable living in one of Santa Rosa's most desirable neighborhoods at an affordable price. Remember the golden rule of real estate: location, location, location and over time someone may choose to upgrade and update.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1967
- Lot Size
- 7,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,456 | 1,678.111 |
| Lot Size | 7,000 | 7,642.197 |
| Price | $475.0K | $773.8K |
| Price per sq ft | $326 | $489 |
| Built year | 1967 | 1984 |
| HOA | $0 | $133 |
| Days on market | 9 | 47 |
Pricing History
Listed for Sale
Oct 15, 2026
$475,000
Initial Listing