1355 Nicasio Valley Road, Nicasio, CA 94946, Nicasio, 94946 - bed, 1 bath
ACTIVE$1,250,000$622/sqft
1355 Nicasio Valley Road, Nicasio, CA 94946
0Bed
1Bath
622Sqft
2,090,880Lot
Price Vs. Estimate
Estimation data not available
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 = 2090880, living area = 622.
Top Cons:
Existing Structure Requires Major Work: The current 622 sq. ft. cabin is either unfinished or in need of significant rebuilding, necessitating considerable immediate investment and effort.
Compared to the nearby listings
Price:$1.25M vs avg $625.0K (+$625,000)50%
Size:622 sqft vs avg 1,493.5 sqft50%
Price/sqft:$2.0K vs avg $1.0K50%
More Insights
Built in 1964 (62 years old).
Condition: The property, built in 1964, features a 622 sq. ft. cabin that the listing explicitly states needs to be 'finished or rebuilt' or replaced with a 'new residence.' Images reveal a severely dilapidated structure with broken windows and exposed framing, indicating it is unlivable and beyond practical repair. There are no visible functional kitchen or bathroom facilities, and the septic system designed in 2008 was never developed. The property's value is clearly based on the 48 acres of land and its development potential, not the existing structure.
Year Built
1964
Close
-
List price
$1.25M
Original List price
-
Price/Sqft
$2,010
HOA
$0
Days on market
-
Sold On
-
MLS number
325102654
Home ConditionTear down
Features
Excellent View:
View-
About this home
Located 5 minutes from the quaint hamlet of Nicasio and backing up to the French Ranch Preserve as part of the Marin County Open Space District, this +/- 48 acres of magical parkland with towering Redwoods, hardwoods, ferns, streams and peaceful tranquility awaits your vision. You can finish or rebuild the existing +/- 622 sq. ft. cabin or construct a new residence that the sellers had started planning in 2007. The developed well recently tested at 5.9 GPM and comes with a complete filtration system and water storage tank. A new septic system was designed in 2008 but never developed. Possibly 2 lots per Record of Survey and Preliminary Title Report - Buyer to verify.
D
Darryl Vice
Listing Agent
Price History
Date
Event
Price
04/20/07
Sold
$795,000
Condition Rating
Tear down
The property, built in 1964, features a 622 sq. ft. cabin that the listing explicitly states needs to be 'finished or rebuilt' or replaced with a 'new residence.' Images reveal a severely dilapidated structure with broken windows and exposed framing, indicating it is unlivable and beyond practical repair. There are no visible functional kitchen or bathroom facilities, and the septic system designed in 2008 was never developed. The property's value is clearly based on the 48 acres of land and its development potential, not the existing structure.
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 = 2090880, living area = 622.
Expansive Acreage & Natural Preserve: Over 48 acres of pristine parkland featuring Redwoods, streams, and direct adjacency to the French Ranch Preserve, offering unparalleled natural beauty and privacy.
Significant Development Opportunity: The property provides a rare chance to either complete or rebuild the existing cabin, or construct a new custom residence, allowing for personalized vision.
Potential for Subdivision: Preliminary reports suggest the possibility of subdividing into two lots, presenting a substantial investment and future development upside (buyer to verify).
Reliable Private Water Source: A developed well with a strong 5.9 GPM yield, complete with a filtration system and water storage, ensures self-sufficient water access.
Secluded Yet Accessible Location: Enjoying ultimate tranquility and seclusion backing onto open space, while remaining conveniently located just 5 minutes from the charming Nicasio hamlet.
Cons
Existing Structure Requires Major Work: The current 622 sq. ft. cabin is either unfinished or in need of significant rebuilding, necessitating considerable immediate investment and effort.
Undeveloped Septic System: Although designed in 2008, the septic system was never developed, meaning a new owner will incur the cost and time for its installation.
Project-Oriented Property: This is not a move-in ready home but rather a substantial project requiring significant capital, planning, and construction to realize its full potential.