1422 Nye Street, San Rafael, CA 94901, San Rafael, 94901 - 5 bed, 3 bath

1422 Nye Street, San Rafael, CA 94901 home-pic-0

1422 Nye Street

San Rafael, CA 94901

ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
2,180Sq Ft
6,599Lot Size

Property Price

LIST PRICE$1,395,000
EST. MARKET VALUE
$1,447,723
3% BelowMARKET VALUE

SUMMARY

Analysis of 1422 Nye Street, San Rafael, CA 94901 reveals a Prime Investment Opportunity with a current list price of $1,395,000—significantly undercutting the $1,447,723 Fair Market Value by 3%. This valuation gap indicates a +$52,723 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Rafael Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,447,723 +$52,723 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Rafael.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1422 Nye Street
Subject
$1,395,000*
List Price
532,180$664-
A
347 Jewell Street
Sold
$1,640,000432,715$6040.4 mi
B
34 Ridge Avenue
Sold
$1,450,000332,054$7060.5 mi
C
514 Mission Avenue
Sold
$1,096,500332,339$4690.3 mi
D
171 Dominican Drive
Sold
$1,320,000332,217$5950.6 mi
E
2 Alvina Avenue
Sold
$1,250,000331,958$6380.9 mi
F
102 Clorinda Avenue
Sold
$1,455,000321,923$7571.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1957, the property has undergone an extensive and comprehensive recent renovation within the last 5 years. Key updates include a fully remodeled kitchen with quartz countertops and custom cabinetry, updated bathrooms, a new roof, new air conditioning, dual-pane windows, and fresh interior/exterior paint. The combination of refinished hardwoods, new carpeting, and modern designer finishes throughout ensures the home meets current quality standards with no visible deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Panoramic Views & Outdoor Living

    The property features sweeping water and hillside views with seamless indoor-outdoor flow to expansive decks and a landscaped patio, maximizing its elevated position.

  • Comprehensive Modern Renovations

    Extensively updated with a remodeled kitchen, new roof, air conditioning, and designer finishes, this home offers a turnkey experience with high-end aesthetic appeal.

  • Versatile Multi-Level Layout

    With five bedrooms and a lower level containing a family room and unique wine tasting room, the floor plan provides exceptional flexibility for multi-generational living or home offices.

CONSRISKS & DEFICIENCIES

  • Limited Flat Yard Space

    Due to the hillside topography that provides the views, the usable flat outdoor space is primarily restricted to the front turf area and tiered decking.

  • Infrastructure Age

    While many systems like the roof and AC are new, the 1957 original construction may still involve aging underlying components typical of mid-century hillside homes.

About 1422 Nye Street

Welcome to 1422 Nye Street, a beautifully updated, light-filled residence with sweeping water and hillside views, ideally located in the heart of San Rafael. With five bedrooms and multiple living areas, this thoughtfully designed home offers exceptional flexibility for today's modern lifestyle. A gracious entry foyer opens to an inviting open-concept living and dining space anchored by a cozy fireplace. Walls of windows and sliding glass doors frame picturesque bay views and fill the home with natural light, while seamless indoor-outdoor flow leads to an expansive view deck - ideal for entertaining and relaxing. The recently remodeled kitchen is both stylish and functional, featuring quartz countertops, custom cabinetry, stainless steel appliances, a striking tile backsplash, and designer finishes throughout. Direct access to the deck and two-car garage enhances everyday convenience, while the remodeled butler's pantry and laundry area with new washer and dryer provide excellent storage and organization. The serene primary suite offers two closets, an updated bath with chic barn-door detail, and a sliding door to the deck - perfect for morning coffee or evening unwinding. Two additional bedrooms and a full bath complete the main level. The lower level adds versatility with a comfortable family room, two additional bedrooms, a full bath, and a distinctive wine tasting room with wine refrigerator and ice maker - ideal for hosting and entertaining. Additional highlights include a new roof, air conditioning, recessed lighting, updated window treatments and closet doors, fresh interior and exterior paint, refinished hardwood floors on the main level, new carpet on the lower level, a new tile fireplace surround, tastefully updated bathrooms, dual-pane windows, and a finished garage with storage and new epoxy flooring. The private, level front yard features low-maintenance turf. Outdoor living shines with multiple decks and beautifully landscaped spaces, including a paver patio with fire pit, bistro lighting, mature gardens, and fruit trees. Just moments from downtown San Rafael, this home offers the perfect blend of comfort, convenience, and an exceptional California lifestyle with easy access to restaurants, shopping, entertainment, and vibrant downtown amenities. A rare opportunity to own a beautifully upgraded home with views, space, and an unbeatable location.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1957
Lot Size
6,599 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
3 (3 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
89%
Baths3.03.0
50%
Square foot2,1802,078
54%
Lot Size6,5998,050
35%
Price$1.40M$1.43M
45%
Price per sq ft$640$738
35%
Built year19571956
57%
HOA$0$0
50%
Days on market29178
3%

Pricing History

Listed for Sale

Feb 6, 2026

$1,395,000

Initial Listing

Sold

Feb 23, 2021

$1,315,000

Public Record

Sold

Jul 21, 2020

$1,200,000

Public Record

Sold

Mar 22, 2013

$686,500

Public Record

Sold

May 11, 2005

$985,000

Public Record

Sold

Oct 18, 2004

$725,000

Public Record

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