140 Buena Vista Avenue, Point Reyes Station, CA 94956, Point Reyes Station, 94956 - 3 bed, 2 bath
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Point Reyes Station, CA 94956
This Value-Add Residential Property represents a Strong Value Opportunity with a List Price of $1,277,000—positioned well below the $1,363,563 Fair Market Value by 6%. This pricing strategy offers $86,563 in Instant Equity for buyers. While the home holds a Solid Condition Rating, the 1949 interior is dated and primed for modernization. Boasting Scenic Water Views and an expansive 22,499 sqft lot with significant expansion potential, this property perfectly balances lifestyle and ROI. It is ideal for Owner-Occupants looking to build wealth or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 140 Buena Vista Avenue Subject | $1,227,000* List Price | 3 | 2 | 1,624 | $756 | - |
A 9 Portola Avenue Active | $1,595,000 List Price | 3 | 2 | 1,678 | $951 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained but significantly dated residence built in 1949. While the structure appears solid with appealing features like vaulted wood ceilings and a large lot, the interior finishes—including the 1970s/80s style kitchen cabinetry, white appliances, basic bathroom fixtures, and visibly worn carpeting—are several decades old and require modernization. The presence of dated wallpaper and older lighting fixtures throughout indicates that while the home is functional and has been cared for by long-term owners, it requires comprehensive cosmetic and system updates to meet contemporary standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22499, living area = 1624.
The property features desirable water views, a rare and high-value asset in the Point Reyes Station area that significantly enhances its aesthetic appeal and market value.
Situated on an expansive 22,499 sqft lot, the property offers ample room for structural expansion or the addition of an ADU, providing excellent value-add opportunities for the buyer.
With a construction date of 1949 and long-term family occupancy, the home likely requires comprehensive interior modernization and system upgrades to meet contemporary standards.
The property features a carport rather than a fully enclosed garage, which may be a drawback for buyers seeking secure, weather-protected storage for vehicles and equipment.
Solid house not a Summer house. For the last 50 plus years a family member has lived here. House has room for expansion. Large two car carport with storage shelf on the uphill side. Price adjusted, likely the best value in West Marin.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,624 | 1,624 | 50% |
| Lot Size | 22,499 | 15,002 | 67% |
| Price | $1.23M | $1.23M | 50% |
| Price per sq ft | $756 | $756 | 50% |
| Built year | 1949 | 1949 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 81 | 260 | 33% |
Apr 4, 2026
$1,227,000
$1,277,000
-4% Price Drop
Initial Listing
Jan 31, 2026
$1,277,000
Initial Listing