1 Andrew Drive #57, Tiburon, CA 94920, Tiburon, 94920 - 3 bed, 2 bath
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Tiburon, CA 94920
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Andrew Drive #57 Subject | $879,000* List Price | 3 | 2 | 1,301 | $746 | - |
A 18 Janet Way #160 Active | $855,000 List Price | 2 | 2 | 1,036 | $825 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
Recent updates including fresh interior paint, new carpeting, and modern lighting throughout ensure the unit is move-in ready and attractive to potential tenants.
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.
The association fee of $933 per month is substantial, which may impact the overall cash flow and investment yield for prospective buyers.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,301 | - |
| Lot Size | 1,498 | - |
| Price | $879.0K | $857.5K |
| Price per sq ft | $676 | $647 |
| Built year | 1963 | 0 |
| HOA | $933 | $0 |
| Days on market | 36 | 182 |
Jun 16, 2026
$879,000
Initial Listing
Apr 18, 2000
$347,500
Public Record