1355 Nicasio Valley Road, Nicasio, CA 94946, Nicasio, 94946 - bed, 1 bath
1355 Nicasio Valley Road
Nicasio, CA 94946
Property Price
SUMMARY
Analysis of 1355 Nicasio Valley Road, Nicasio, CA 94946 is currently available with a list price of $1,250,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Nicasio Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property, built in 1964, features a 622 sq. ft. cabin that is explicitly described as needing to be 'finished or rebuilt' or replaced with a 'new residence.' Images show the cabin in a dilapidated state with broken windows and exposed framing, rendering it unlivable. There are no functional kitchen or bathroom facilities, and the septic system was designed but never developed. The property's value is clearly in the land and its development potential, not the existing structure.
PROSSTRENGTHS & OPPORTUNITIES
- 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 Natural Acreage
The property boasts +/- 48 acres of 'magical parkland' featuring towering Redwoods, hardwoods, ferns, and streams, offering unparalleled natural beauty, privacy, and a serene environment.
- Significant Development Potential
Opportunity to construct a new, larger residence or potentially subdivide into two lots (buyer to verify), offering substantial future value and customization possibilities.
CONSRISKS & DEFICIENCIES
- Substantial Construction/Renovation Required
The existing +/- 622 sq. ft. cabin is very small and requires significant finishing, rebuilding, or demolition, necessitating a major construction project for a primary residence.
- Undeveloped Septic System
Although a new septic system was designed in 2008, it was 'never developed,' meaning the buyer will be responsible for the full cost and installation of a new system.
- High Capital Outlay Beyond Purchase Price
The $1.25M list price primarily reflects land value, requiring a significant additional investment for construction, infrastructure completion, and landscaping to realize the property's full potential.
About 1355 Nicasio Valley Road
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 2,090,880 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 3.0 | 25% |
| Baths | 1.0 | 2.5 | 25% |
| Square foot | 622 | 2,103.5 | 25% |
| Lot Size | 2,090,880 | 815,225 | 75% |
| Price | $1.25M | $1.24M | 50% |
| Price per sq ft | $2.0K | $724 | 75% |
| Built year | 1964 | 1973 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 155 | 25% |
Pricing History
Listed for Sale
Jan 12, 2026
$1,250,000
Initial Listing
Sold
Apr 20, 2007
$795,000
Public Record