146 Morning Sun Avenue, Mill Valley, CA 94941, Mill Valley, 94941 - 3 bed, 2 bath

146 Morning Sun Avenue, Mill Valley, CA 94941 home-pic-0

146 Morning Sun Avenue

Mill Valley, CA 94941

ACTIVE
CONDITION: POOR
3Beds
2Baths
1,235Sq Ft
13,917.42Lot Size

Property Price

LIST PRICE$1,995,000
EST. MARKET VALUE
$1,624,888
22% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$1,624,888
Based on Realkey algorithm analyzing recent comparable sales in Mill Valley.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1920, this property is explicitly marketed as a 'creative transformation' opportunity with 'significant renovation needs.' The listing emphasizes the land value and development potential rather than the interior condition. Given the age and the description of needing to 'shape the next chapter,' the kitchen, bathrooms, and major systems likely require substantial rehabilitation and modernization to meet current standards.

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 = 13917, living area = 1235.

  • Exceptional Development Potential

    The inclusion of an adjoining 8,820-square-foot lot alongside the primary residence offers rare flexibility for future expansion, a secondary dwelling, or the creation of a private family compound.

  • Prime Almonte Location

    Situated in a highly coveted Mill Valley neighborhood, the property provides excellent proximity to top-tier schools, including Tamalpais High and Mill Valley Middle, as well as local dining and trails.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13917, other record lot size in square feet = 5100.

  • Significant Renovation Needs

    Given its 1920 construction and description as a 'creative transformation' opportunity, the home likely requires substantial capital investment to modernize systems and finishes.

  • High Price per Square Foot

    At nearly $2 million for 1,235 square feet of living space, the valuation is heavily weighted toward the land and potential, which may deter buyers looking for immediate interior scale.

About 146 Morning Sun Avenue

Located in coveted Mill Valley, this rare offering presents a truly unique opportunity to create your ideal Mill Valley compound. The property includes the home, a classic 3-bed, 2-bath residence on a 5,100-square-foot lot, plus an adjoining 8,820-square-foot lot for expanded outdoor space, future development flexibility, or garden and privacy-focused living. Situated on a quiet residential street with mature surroundings and easy access to local schools like Mill Valley Middle and Tamalpais High, you'll enjoy Marin's relaxed lifestyle while remaining close to shops, dining, parks and trails. This Almonte neighborhood home is bathed in natural light and offers expansive site potential for creative transformation. A must-see for buyers seeking a combination of character, location, and room to shape the next chapter.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1920
Lot Size
13,917.42 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 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)
Beds3.04.0
49%
Baths2.03.0
47%
Square foot1,2352,190
13%
Lot Size13,917.428,359
80%
Price$2.00M$2.10M
43%
Price per sq ft$1.6K$1.0K
93%
Built year19201959
10%
HOA$0$0
50%
Days on market29172
3%

Pricing History

Listed for Sale

Feb 6, 2026

$1,995,000

Initial Listing

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