
Mill Valley, CA 94941
This property presents a High-Potential Investment Opportunity with a List Price of $2,350,000—positioned well below the $2,116,283 Fair Market Value by -11%. While the property requires a full interior rehab given its Condition Rating of 5, the 3,500 sq. ft. versatile floor plan and 10,042 sq. ft. lot offer significant upside for forced appreciation. The home features partial Bay views and a multi-generational layout, making it a strategic asset for Fix-and-Flip Investors or Owner-Occupants seeking to build long-term value through renovation.
Property is extensive renovation needed.
Built in 1974 and explicitly marketed as an 'exceptional fixer opportunity,' this 50-year-old property retains mostly original features. Photos show a dated kitchen with 1970s-era cabinetry and parquet flooring. The listing's emphasis on 'reimagining' and 'adding value' through updates confirms it requires a full interior rehab to meet modern standards.
The 3,500 sq. ft. floor plan offers exceptional flexibility, featuring a complete lower-level living space with its own kitchen and entrance, ideal for rental income, guests, or an au pair setup.
Located in the sought-after Strawberry neighborhood, the home provides partial views of the San Francisco Bay and skyline, with convenient access to Highway 101 and the Golden Gate Bridge.
The generous 10,042 sq. ft. lot has no shared borders with neighbors and offers significant potential for future expansion, including space for a swimming pool, ADU, or private gardens.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10042, other record lot size in square feet = 5047. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3501, other record living area = 2832. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Marketed as a fixer opportunity, the property requires substantial updating and reimagining, which will necessitate a significant additional capital investment beyond the purchase price.
Built in 1974, the home likely features aged systems and finishes that may not align with modern luxury standards without a comprehensive overhaul.
Welcome to 1 Bay Vista Court, a rare and versatile offering in Mill Valley's desirable Strawberry neighborhood. Situated on a generous lot surrounded by beautiful hillsides and mature landscaping, this approximately 3,500 sq. ft. residence offers 5 bedrooms and 5 bathrooms with a flexible floor plan designed to adapt to a variety of living needs. Ideal for extended family, guests, rental income, or seamless single-family living, the home can function as one expansive residence or potentially as two separate living spaces, complete with distinct outdoor areas for the upper and lower levels. The lower level features its own kitchen, spacious living area, two bedrooms, and an additional family room or workout spaceperfect for multi-generational living, an au pair setup, private guest quarters, or an ideal home office. Upstairs, the main living spaces are filled with natural light and showcase vaulted ceilings, a fireplace, and an open flow between the living and dining areas. The kitchen enjoys partial views of the Sausalito Marina, San Francisco Bay, and the San Francisco skyline, while the spacious primary suite offers a peaceful retreat. This property presents an exceptional fixer opportunity for buyers looking to update, reimagine, and make the home their own while adding value in a highly sought-after location. The expansive backyard provides ample room for a swimming pool, ADU, garage, gardens, or other future expansion possibilities, creating endless opportunities to design your dream indoor-outdoor oasis. Adding to its appeal, the property enjoys a sense of privacy with no shared borders with neighboring homes. Conveniently located near shopping, restaurants, hiking trails, and commuter routes, with easy access to Highway 101 and less than ten minutes from the Golden Gate Bridge, this unique Strawberry property combines flexibility, privacy, space, views, and endless potential in one of Southern Marin's most desirable locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 3,501 | - |
| Lot Size | 10,042 | - |
| Price | $2.10M | $2.35M |
| Price per sq ft | $598 | $1.1K |
| Built year | 1974 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 30 |
Jul 15, 2026
$2,095,000
$2,350,000
-11% Price Drop
Initial Listing
Jun 18, 2026
$2,350,000
Initial Listing