
Mill Valley, CA 94941
This property presents a High-Potential Investment Opportunity with a List Price of $2,830,000—positioned above the $2,569,741 Fair Market Value. While the property requires capital investment, the 3,066-square-foot layout and rare 1,000-square-foot storage area provide significant upside for forced appreciation. With a Condition Rating of 4, the home serves as a blank canvas for modernization. Its prime location near Highway 101 offers exceptional commuter utility. This is a strategic acquisition ideal for Value-Add Investors or Owner-Occupants seeking to customize a substantial Marin residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 125 Tiburon Boulevard Subject | $2,830,000* List Price | 4 | 3 | 3,066 | $838 | - |
A 117 Longfellow Road Sold | $2,300,000 | 4 | 3 | 3,066 | $750 | 0.8 mi |
B 3 Longfellow Road Sold | $2,507,000 | 4 | 3 | 2,337 | $1,073 | 0.7 mi |
C 42 Vista Real Pending | $3,595,000 List Price | 4 | 5 | 3,905 | $921 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this 37-year-old home is in dated condition with original kitchen and bathroom finishes, including tile countertops, fluorescent lighting, and older cabinetry. While the structure appears well-maintained and functional, the property requires significant cosmetic updates and modernization to meet current market standards.
Ideally situated at the Mill Valley-Tiburon crossroads with immediate access to Highway 101 and a less than ten-minute drive to the Golden Gate Bridge, offering unparalleled convenience for San Francisco commuters.
The 3,066-square-foot interior is complemented by a rare 1,000-square-foot high-ceiling storage room, providing massive potential for a workshop, home gym, or future living space expansion.
The home features a modern open-concept kitchen and dining area that flows naturally to a generous deck and rear patio, creating an ideal environment for indoor-outdoor entertaining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10380, other record lot size in square feet = 10029. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3066, other record living area = 2854.
The property is positioned as an opportunity to 'update and reimagine,' suggesting that the 1989 finishes may require significant capital investment to meet contemporary luxury standards.
Proximity to major commuter routes and the Highway 101 corridor, while convenient, likely results in higher levels of ambient traffic noise compared to more secluded hillside locations.
Ideally positioned at the crossroads of Mill Valley and Tiburon, this spacious home offers an exceptional combination of location, scale, and versatility. With approximately 3,066 square feet of living space, the home features four bedrooms, two family rooms, a dedicated home office, and three full bathrooms providing abundant room for both everyday living and entertaining. An inviting open-concept kitchen, family, and dining area creates a natural gathering space, while the living room opens to a generous deck. A spacious rear patio offers an ideal setting for outdoor dining and entertaining. Additional highlights include two fireplaces, a two-story foyer, and an oversized 625-square-foot garage. An extraordinary approximate 1,000-square-foot storage room with 8-foot ceilings provides an enormous space for storage, hobbies, a workshop, or future possibilities. The location is exceptionally convenient with shopping, restaurants, and commuter routes nearby, easy access to Highway 101, and the Golden Gate Bridge less than ten minutes away. An opportunity to update, reimagine, and make this substantial home your own while adding value in one of Marin's most sought-after locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,066 | 2,121.704 |
| Lot Size | 10,380 | 8,194.037 |
| Price | $2.83M | $2.10M |
| Price per sq ft | $923 | $1.1K |
| Built year | 1989 | 1963 |
| HOA | $0 | $160 |
| Days on market | 30 | 32 |
Aug 10, 2026
$2,830,000
Initial Listing
Jul 25, 1989
$609,000
Public Record