
San Rafael, CA 94903
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $1,088,000—positioned well below the $1,117,537 Fair Market Value by 2%. This gap provides $29,537 in Instant Equity. With an Excellent Condition Rating following 2019 renovations, the home features a modern kitchen, marble-floored bath, and an expansive backyard oasis. Boasting rare triple-garage parking and proximity to local schools, this property offers both immediate lifestyle comfort and long-term stability. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 123 Mabry Way Subject | $1,088,000* List Price | 3 | 2 | 1,352 | $827 | - |
A 101 Vendola Drive Sold | $1,000,000 | 3 | 2 | 1,423 | $703 | 0.2 mi |
B 854 Rosal Way Sold | $927,000 | 4 | 2 | 1,220 | $760 | 0.7 mi |
C 868 Rincon Way Sold | $1,025,000 | 3 | 3 | 1,216 | $843 | 0.7 mi |
D 604 Vendola Street Active | $935,000 List Price | 3 | 2 | 1,292 | $724 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The home underwent significant renovations in 2019, including a full kitchen remodel and primary bathroom update, placing it within the ~5-year window for excellent condition. Key systems have been addressed with electrical upgrades, dual-pane windows, and a French drain system, indicating a high level of maintenance and modern functionality.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7449, living area = 1352.
The backyard is a professionally designed private retreat featuring a built-in bar island, integrated smart TV, and water features, offering exceptional space for hosting and recreation.
Rare for this neighborhood, the property boasts a 1-car garage plus a detached 2-car garage and dual extended paver driveways, providing abundant space for multiple vehicles, a workshop, or extra storage.
At 1,352 square feet, the home's interior living space is relatively compact for a three-bedroom residence, which may limit furniture configurations and overall spaciousness.
The local public schools are rated between 4 and 6, which may be perceived as a drawback for families prioritizing the top-tier educational scores often found in surrounding Marin County areas.
Welcome to 123 Mabry Way, a beautifully updated 3 bedroom, 2 bath home offering comfort, functionality, and an exceptional backyard retreat. Thoughtfully maintained and enhanced over the years, this property has so much to love and enjoy. The kitchen was remodeled in 2019 and features warm wood cabinetry, quartz countertops, recessed ceiling lighting with dimmers, and additional updates designed to make everyday living and entertaining a pleasure. The primary bathroom was also remodeled in 2019, featuring a spacious walk-in shower with updated tile, elegant marble flooring, and a dual-sink vanity that provides both style and convenience. For added peace of mind, a French drain system surrounds the home, effectively managing water during heavy rain. Parking is exceptionally convenient and plentiful, with handsome paver extended driveways on both sides of the house, plus a one-car garage and a separate detached two-car garage. Step into the backyard and discover your own private oasis. Designed with entertaining in mind, the space features a built-in bar island, a smart TV positioned behind the bar for game days and outdoor movie nights, soothing water features, and a fun slide for the kids. Whether hosting friends, enjoying a weekend gathering, or simply relaxing at home, this backyard is ready to make lasting memories. Additional features include hardwood floors in the living room/bedrooms, dual-pane windows and new electrical upgrades. With its thoughtful updates, abundant parking, and incredible outdoor living space, 123 Mabry Way is a wonderful place to call home.
No exterior & parking available.
Grades K-8 • 0.7 mi
Grades 6-8 • 3.1 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,352 | 2,044.835 |
| Lot Size | 7,449 | 8,527.785 |
| Price | $1.09M | $1.70M |
| Price per sq ft | $805 | $812 |
| Built year | 1950 | 1958 |
| HOA | $0 | $278 |
| Days on market | 20 | 35 |
Aug 20, 2026
$1,088,000
Initial Listing
Aug 17, 2018
$800,000
Public Record