118 Erin Drive, San Rafael, CA 94903, San Rafael, 94903 - 5 bed, 5 bath

118 Erin Drive, San Rafael, CA 94903 home-pic-0
ACTIVE$3,540,400$3,690/sqft
Est. Value: $3,540,400
%
FairlyEstimate
118 Erin Drive, San Rafael, CA 94903
5Beds
5Baths
3,690Sqft
20,931Lot

Price Vs. Estimate

The estimated value ($3,540,400) is $0 (0%) lower than the list price ($3,540,400). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20931, living area = 3690.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20931, other record lot size in square feet = 26626.

Compared to the nearby listings

Price:$3.54M vs avg $1.33M (+$2,210,400)97%
Size:3,690 sqft vs avg 1,818 sqft95%
Price/sqft:$959 vs avg $76590%

More Insights

Built in 2025 (1 years old).
Condition: This property is a new construction, built in 2025, and is described as having 'modern homes,' 'Chef's Kitchens,' 'luxury appliances,' and 'modern amenities.' The provided images, which are renderings, showcase brand new, high-end finishes, including modern cabinetry, quartz countertops, luxury appliances, contemporary light fixtures, and stylish bathrooms with freestanding tubs and walk-in showers. All components are new, meeting current quality standards, with no deferred maintenance.
Year Built
2025
Close
-
List price
$3.54M
Original List price
-
Price/Sqft
$959
HOA
$509
Days on market
-
Sold On
-
MLS number
325064495
Home ConditionExcellent
Features
Good View:
Deck
Patio
View-

About this home

Lot 24 - The Reyes floorplan. A once-in-a-lifetime opportunity awaits you in Marin County. Nestled amongst rolling hills under the beautiful coastal sky, 28 modern homes await near Marin Nature Preserve with impeccable attention to detail. Starting from the lower $3Ms, these well-appointed homes feature Chef's Kitchens, luxury appliances, modern amenities, and connected indoor-outdoor living spaces. What more could you ask for? Gather your family and friends and head over to see these new homes in San Rafael today and take advantage of this rare opportunity. Homeowners will have the opportunity to purchase custom homes in Marin, and will be able to choose their interiors - from hardwood floors and quartz countertops to barn doors. The design options are unlimited, but the homesites will not be available for long.

K
Kevin Coates
Listing Agent
Condition Rating
Excellent

This property is a new construction, built in 2025, and is described as having 'modern homes,' 'Chef's Kitchens,' 'luxury appliances,' and 'modern amenities.' The provided images, which are renderings, showcase brand new, high-end finishes, including modern cabinetry, quartz countertops, luxury appliances, contemporary light fixtures, and stylish bathrooms with freestanding tubs and walk-in showers. All components are new, meeting current quality standards, with no deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20931, living area = 3690.
New Construction & Modern Design: Built in 2025, this home offers state-of-the-art modern design, amenities, and impeccable attention to detail, ensuring a contemporary living experience.
Premier Marin County Location: Situated in a highly sought-after San Rafael location within Marin County, offering scenic rolling hills and proximity to the Marin Nature Preserve.
Luxury Finishes & Customization: Features include Chef's Kitchens, luxury appliances, and extensive interior customization options, allowing buyers to personalize high-end finishes.
Expansive Living Space & Lot: Boasts a generous 3690 sqft with 5 beds/5 baths and a substantial 20,931 sqft lot, providing ample space for comfort and outdoor enjoyment.
Exclusive New Development: Part of the 'Legacy at Lucas Valley,' a limited collection of 28 modern homes, presenting a rare opportunity in an exclusive, well-planned community.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20931, other record lot size in square feet = 26626.
Premium Price Point: The property's listing price of over $3.5 million places it in a very high-end market segment, significantly limiting the potential buyer pool.
Monthly Association Fees: A significant monthly association fee of $509 adds to the ongoing cost of ownership, which may be a consideration for some buyers.
Pre-Construction/Future Occupancy: With a 2025 build year and on-market date, the property is likely in pre-construction or early sales, meaning immediate occupancy is not possible and buyers are purchasing based on plans.
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