
San Rafael, CA 94903
This Versatile Hillside Residence is a Strong Value Opportunity, listed at $1,695,000—positioned well below the $1,801,392 Fair Market Value by 5%. This valuation gap offers $106,392 in Instant Equity. Boasting a Condition Rating of 3, the property features a 428 sqft JADU, sweeping hill views, and recent cosmetic updates. Located near the 9/10 rated Dixie Elementary, it perfectly balances lifestyle luxury with rental income potential. This is an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking a high-upside primary residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1036 Lea Drive Subject | $1,695,000* List Price | 6 | 5 | 3,282 | $549 | - |
A 16 Wallace Way Active | $1,600,000 List Price | 4 | 3 | 2,425 | $660 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant recent cosmetic updates. It features newly refinished hardwood floors, new carpeting, and fresh interior paint throughout. The kitchen has been modernized with white shaker-style cabinetry, stone countertops, and high-quality stainless steel appliances. While the home was built in 1971, the interior presentation is contemporary and well-maintained, though the aging infrastructure of a 50-plus-year-old home prevents an 'excellent' rating.
Elementary School: Dixie Elementary School (9/10).
The property features a 428 sqft JADU with a separate entrance and kitchenette, providing a turnkey solution for rental income, multi-generational living, or a private guest suite.
Dramatic two-story ceilings and expansive walls of windows capture sweeping views of the Terra Linda hills, creating a bright, airy, and high-end architectural feel.
The large lot is significantly sloped, which limits usable flat outdoor space for traditional recreation and may require substantial investment for terracing or landscaping.
Despite recent cosmetic refreshes like paint and flooring, the 1971 construction may still harbor original systems or structural elements that require future modernization.
Sweeping views of the idyllic Terra Linda hills create a stunning backdrop from multiple rooms and outdoor spaces. Recently refreshed with newly refinished hardwood floors, new carpet & fresh interior paint, the home is light-filled and move-in ready. The main level features the kitchen with an eat-in breakfast area where you can cook while watching birds soar across your private hillside views. The adjacent formal dining room and dramatic living roomwith soaring 2-story ceilings and walls of windowscreate an airy, light-filled space. A cozy family room with fireplace and built-ins offers seamless indoor/outdoor flow to a view deckperfect for morning coffee or evening sunsetswith stairs leading to a large secondary entertaining deck below. A half bath, laundry room, and garage complete the main level. Upstairs offers a generous primary suite, with sitting area and full bathroom, private view deck, and sweeping hillside vistas, plus 4 additional bedrooms and 2 full bathrooms. The approx. 428 SqFt JADU downstairs includes its own kitchenette, full bath, bedroom, interior access + separate exterior entranceideal for guests, au pair, extended family or rental income. Additional features include an oversized 2-car garage, abundant storage both in the garage and down below the house and a large, sloped lot with endless potentialgarden, orchard, or terraced outdoor living. Enjoy the ease of Terra Linda with immediate access to open space, hiking trails, parks, the Terra Linda Rec Center & Pool, shopping, restaurants, Kaiser & Hwy 101along with the highly sought-after Miller Creek Schools. A rare and special offering, don't miss this special property.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.7 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 98% |
| Baths | 5.0 | 2.0 | 98% |
| Square foot | 3,282 | 1,760 | 94% |
| Lot Size | 9,100 | 7,700 | 73% |
| Price | $1.70M | $1.33M | 78% |
| Price per sq ft | $516 | $765 | 9% |
| Built year | 1971 | 1959 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 188 | 1% |
Apr 8, 2026
$1,695,000
Initial Listing
Aug 29, 2013
$897,500
Public Record
Jul 7, 2004
$850,000
Public Record