
Sausalito, CA 94965
This Side-by-Side Duplex represents a High-Potential Investment Opportunity, listed at $1,950,000—positioned slightly above the $1,909,220 Fair Market Value. While the price reflects the premium waterfront location, the property offers significant upside through its ADU expansion potential and the ability to reset rents to market rates. Featuring a Condition Rating of 3, the units are turn-key with panoramic Richardson Bay views and private view decks. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a "house hack" in a premier Sausalito community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 149 Filbert Avenue #147 Subject | $1,950,000* List Price | 2 | 2 | 1,305 | $1,463 | - |
A 75 Platt Avenue Pending | $1,649,000 List Price | 3 | 2 | 1,342 | $1,229 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1967 build date, the property is well-maintained and presented as turn-key. It features recent cosmetic updates including modern laminate flooring and fresh paint. Systems like central heat and water heaters are functional, and while some elements like bathroom tiling are dated, the home is move-in ready.
The property offers breathtaking, unobstructed vistas of Richardson Bay and Mount Tamalpais from both levels, a premium feature that significantly enhances its market desirability and long-term value.
This side-by-side duplex provides a rare opportunity for an owner-occupant to live in a vacant unit while collecting rent, or for an investor to capitalize on the ADU expansion potential and projected market rents of $6,000/month.
Situated in a highly sought-after waterfront community, the property is minutes from Schoonmaker Beach, luxury dining, and the San Francisco ferry, offering an ideal balance of lifestyle and commuting convenience.
Unit 147 is occupied by a long-term tenant paying $3,550 per month, which is substantially lower than the projected market rate of $6,000, limiting immediate cash flow for the new owner.
Built in 1967, the property may require future capital expenditures for system upgrades or modernization to maintain its competitive edge against newer luxury developments in the area.
A rare Sausalito legacy property with sweeping water views and a half-century of history waiting to become yours. For the first time in more than 50 years, 147-149 Filbert Avenue is a stunning side-by-side townhome-style duplex perched in one of Marin County's most sought-after waterfront communities. Each of the two mirror-image units offers 1,305 square feet of beautifully laid-out split-level living. The upper level is designed for everyday life and entertaining, featuring an open living and dining area, a well-appointed kitchen with pantry, and a powder room all crowned by soaring vaulted ceilings and flowing directly out to a private view deck. Step outside to panoramic vistas of Richardson Bay, Mount Tamalpais, and the glistening marinas below, and warm up by the wood-burning fireplace on cool Marin evenings. Head downstairs and you'll find two spacious bedrooms each enjoying those same stunning bay and mountain views with walk-in closets, a full bathroom, and a full-size in-unit laundry closet. Central heat and a full-size water heater in each unit complete the picture of comfortable, turn-key living. Unit 147 is home to a long-term tenant of nearly 24 years, currently paying $3,550/month a testament to the enduring desirability of these homes. Unit 149 is delivered vacant, ready for an owner-occupant or a new tenant at a projected market rent of $6,000/month. Both units include 2 covered carports and storage (4 total), with ADU expansion potential for buyers looking to maximize long-term value. Conveniently located just a short distance from Schoonmaker public beach, Dunphy Park, and Sausalito's world-famous waterfront dining and shops. Muni ferry and Golden Gate Transit provide an easy commute to San Francisco. Properties like 147-149 Filbert don't come around twice.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 33% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,305 | 1,880 | 11% |
| Lot Size | 5,140 | 5,602 | 33% |
| Price | $1.95M | $2.34M | 44% |
| Price per sq ft | $1.5K | $1.4K | 78% |
| Built year | 1967 | 1949 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 152 | 11% |
Jun 2, 2026
$1,950,000
Initial Listing