
Sausalito, CA 94965
This Stunning Mediterranean Residence is a High-Potential Investment Opportunity, listed at $5,180,000—positioned well below the $5,432,227 Fair Market Value by 4%. This valuation gap offers $252,227 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a redesigned custom kitchen and panoramic bay views, this home provides a turnkey lifestyle. It is an ideal acquisition for discerning luxury buyers or owner-occupants seeking a move-in-ready retreat in a premier Sausalito location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 137 Crescent Avenue Subject | $5,180,000* List Price | 4 | 4 | 3,924 | $1,320 | - |
A 50 Cable Roadway Sold | $4,850,000 | 4 | 5 | 3,388 | $1,432 | 0.1 mi |
B 39 Cooper Lane Sold | $4,350,000 | 4 | 4 | 3,003 | $1,449 | 0.2 mi |
C 31 Edwards Avenue Active | $3,995,000 List Price | 4 | 4 | 3,392 | $1,178 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2001, the property has undergone extensive recent renovations including a redesigned custom kitchen with high-end integrated appliances, updated bathrooms, new panoramic windows/doors, and new carpeting. Critical systems and structural maintenance have also been addressed with updated electrical, new skylights, and extensive exterior waterproofing, placing it in mint, move-in-ready condition.
The property boasts world-class, unobstructed views of the San Francisco skyline, Alcatraz, and the Bay Bridge from multiple levels and expansive terraces.
Extensively renovated with a custom kitchen, updated bathrooms, and significant infrastructure upgrades, providing a rare move-in-ready experience in a premium location.
The Mediterranean-style residence features dramatic wood-beam ceilings and custom finishes that blend timeless craftsmanship with modern functional improvements.
The steep hillside setting, while essential for the views, may limit flat outdoor yard space and present accessibility challenges common to Sausalito's terrain.
With a list price exceeding $5 million, the property is positioned at the high end of the market, which may narrow the pool of qualified buyers.
Perched above Sausalito with breathtaking panoramic views of Richardson Bay, Alcatraz, Angel Island, the Bay Bridge, and the San Francisco skyline, this extensively renovated Mediterranean-style residence blends timeless architecture with modern comfort. Unlike many luxury properties that require new owners to spend months coordinating contractors, managing renovations, and making countless design decisions, this home has already undergone extensive improvements throughout the years, allowing its next owner to immediately enjoy the lifestyle, views, and character that make this property so special. Extensive improvements have been completed to enhance both the home's beauty and long-term functionality, reflecting a significant investment in the property. Recent enhancements include a redesigned custom kitchen with an oversized island, integrated refrigerator and dishwasher, updated bathrooms, panoramic windows and doors, multiple new VELUX skylights, new carpeting, updated electrical outlets and switches, interior and exterior paint, custom railings, landscaping improvements, irrigation system upgrades, drainage enhancements, garage door improvements, extensive exterior waterproofing and protection work, among many other improvements completed throughout the years. The outdoor spaces have been thoughtfully reimagined to complement the home's Mediterranean character, creating a seamless journey from the welcoming entryway through multiple terraces and gardens. Each level offers a unique perspective of the surrounding Bay, while the interior showcases dramatic wood-beam ceilings, custom finishes, and architectural details rarely found in newer construction. Expansive view terraces provide stunning scenery from sunrise to sunset, with ever-changing views of the Bay, Alcatraz, the Bay Bridge, and the sparkling San Francisco skyline creating an extraordinary backdrop for everyday living and entertaining. A rare opportunity to own a beautifully updated hillside retreat offering panoramic Bay views, timeless Mediterranean character, extensive completed improvements, and move-in-ready convenience in one of Sausalito's most desirable locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.8 |
| Baths | 4.0 | 2.7 |
| Square foot | 3,924 | 2,313.333 |
| Lot Size | 6,665 | 4,078.5 |
| Price | $5.18M | $2.18M |
| Price per sq ft | $1.3K | $1.2K |
| Built year | 2001 | 1960 |
| HOA | $0 | $157 |
| Days on market | 117 | 56 |
May 15, 2026
$5,180,000
Initial Listing
May 26, 2011
$2,498,000
Public Record
Oct 25, 2006
$2,995,000
Public Record
Jul 1, 2003
$2,775,000
Public Record
Jun 12, 1998
$740,000
Public Record