1 Andrew Drive Unit 57, Tiburon, CA 94920, Tiburon, 94920 - 3 bed, 2 bath
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1 Andrew Drive Unit 57
Tiburon, CA 94920
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,301Sq Ft
1,498Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$907,016
8% BelowMARKET VALUE
SUMMARY
This condominium presents a Strong Value Opportunity with a List Price of $879,000—positioned well below the $942,017 Fair Market Value by 6%. This valuation gap offers $63,017 in Instant Equity. Featuring a Condition Rating of 4, the unit offers a spacious 3-bedroom floor plan with sweeping Mt. Tamalpais views from a private deck. While the kitchen requires modernization, the recent cosmetic updates provide a functional base. This is an ideal acquisition for Buy-and-Hold Investors restricted by the deed, seeking a high-demand Tiburon rental asset.
Estimated Market Value
$907,016+$208,016 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Tiburon.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Andrew Drive Unit 57 Subject 3 bd · 2 ba · 1,301 sqft · $697 | $699,000* List Price | 3 | 2 | 1,301 | $697 | - |
A 18 Janet Way #160 Active 2 bd · 2 ba · 1,036 sqft · $825 · 0.2 mi | $855,000 List Price | 2 | 2 | 1,036 | $825 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
While the unit features fresh cosmetic updates including new paint, carpet, and lighting, the kitchen remains dated with older white appliances and a coil-top range. Built in 1963, the core infrastructure and wet areas appear to be over 20 years old, fitting the criteria for a property that is functional but needs modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- Iconic Mountain Views
The property features sweeping, unobstructed views of Mt. Tamalpais and the surrounding hills from a large private deck, significantly increasing its aesthetic and market appeal.
- Versatile Living Space
With 3 bedrooms plus a dedicated office and over 1,300 square feet, the floor plan offers rare spaciousness and flexibility for a condominium in this price point.
- Turnkey Condition
Recent updates including fresh interior paint, new carpeting, and modern lighting throughout ensure the unit is move-in ready and attractive to potential tenants.
CONSRISKS & DEFICIENCIES
- Restrictive Ownership
An investor-only deed restriction applies to the property, which excludes owner-occupants and limits the potential buyer pool to a specific segment of the market.
- High Monthly Dues
The association fee of $933 per month is substantial, which may impact the overall cash flow and investment yield for prospective buyers.
About 1 Andrew Drive Unit 57
Tiburon for this price! Motivated Seller! Enjoy sweeping views of Mt. Tamalpais from this beautifully situated condominium in one of Tiburon's most desirable locations. This spacious 3-bedroom plus office, 2-bath residence features a large private deck with stunning, unobstructed views of Mt. Tam and the surrounding hills. Freshly updated with new interior paint, carpeting, and lighting throughout, the home is filled with natural light and offers the convenience of an in-unit washer and dryer. The well-designed floor plan includes a generous living room and an eat-in dining area, creating comfortable spaces for both everyday living and entertaining. Additional highlights include a deeded covered parking space and an oversized storage unit. Investor-only deed restriction applies.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1963
- Lot Size
- 1,498 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $933 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 1.8 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,301 | 1,221 |
| Lot Size | 1,498 | 2,849.75 |
| Price | $699.0K | $1.24M |
| Price per sq ft | $537 | $998 |
| Built year | 1963 | 1970 |
| HOA | $933 | $934 |
| Days on market | 130 | 53 |
Pricing History
Listed for Sale
Oct 22, 2026
$699,000
$750,000
-7% Price Drop
Initial Listing
Price Change
Sep 9, 2026
$750,000
$799,000
-6% Price Drop
Initial Listing
Price Change
Aug 20, 2026
$799,000
$829,000
-4% Price Drop
Initial Listing
Price Change
Jul 30, 2026
$829,000
$879,000
-6% Price Drop
Initial Listing
Price Change
Jun 16, 2026
$879,000
Initial Listing
Sold
Apr 18, 2000
$347,500
Public Record