
Belvedere, CA 94920
This 1927 Brown Shingle Residence represents a High-Potential Investment Opportunity, listed at $3,995,000—positioned well below the $3,901,421 Fair Market Value by -2%. While the property maintains a Condition Rating of 4, its Panoramic Bay Views and Wraparound Entertaining Deck offer immense lifestyle value. Located in a premier district with Top-Rated Schools like Bel Aire and Del Mar, this home provides a rare foundation for modernization. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to restore a historic Belvedere landmark.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 157 Beach Road Subject 5 bd · 4 ba · 3,128 sqft · $1,247 | $3,995,000* List Price | 5 | 4 | 3,128 | $1,247 | - |
A 266 Bayview Avenue Sold 5 bd · 4 ba · 2,905 sqft · $1,463 · 0.1 mi | $4,250,000 | 5 | 4 | 2,905 | $1,463 | 0.1 mi |
B 306 Bella Vista Avenue Sold 5 bd · 4 ba · 3,907 sqft · $1,101 · 0.2 mi | $4,300,000 | 5 | 4 | 3,907 | $1,101 | 0.2 mi |
C 35 Oak Place Sold 4 bd · 3 ba · 1,912 sqft · $1,621 · 0.2 mi | $3,100,000 | 4 | 3 | 1,912 | $1,621 | 0.2 mi |
D 243 Loma Avenue Sold 3 bd · 3 ba · 3,111 sqft · $1,326 · 0.8 mi | $4,125,000 | 3 | 3 | 3,111 | $1,326 | 0.8 mi |
E 306 Bella Vista Avenue Active 6 bd · 6 ba · 3,907 sqft · $1,165 · 0.2 mi | $4,550,000 List Price | 6 | 6 | 3,907 | $1,165 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1927, the property is well-maintained but dated. While the living areas feature high-quality hardwood floors and fresh paint, the bathroom shows 20-30+ year old patterned tile and an outdated wall heater. The presence of older baseboard heating systems and the vintage style of the fixtures suggest the home needs functional and aesthetic updates to meet modern standards.
Elementary School: Bel Aire Elementary School (9/10). Middle School: Del Mar Middle School (9/10).
Situated just above Belvedere Cove with direct hillside access to the San Francisco Yacht Club and walking distance to Tiburon’s amenities, offering an unparalleled coastal lifestyle.
The property features breathtaking, unobstructed views of the San Francisco Bay, Angel Island, and Raccoon Strait, visible from the main living areas and a wraparound entertaining deck.
Originally built in 1927, the property may require significant capital investment for modernizing systems, structural preservation, or aesthetic updates to meet contemporary luxury standards.
The lot's hillside orientation and reliance on stairs for access to the yacht club and lower levels may present mobility challenges and limit usable flat outdoor space.
This enchanting brown shingle home offers the quintessential Belvedere Island lifestyle. The house is nestled amidst lushly landscaped gardens just above the Belvedere Cove and yacht harbor, with spectacular views of the San Francisco Bay, Raccoon Strait, Angel Island, and the Tiburon hillside. The light and bright living room, dining room, and kitchen are on the main level, along with a wraparound entertaining deck overlooking the water. Three bedrooms are upstairs and two more are downstairs, each with their own character and charm. Stairs lead down the hillside directly to the San Francisco Yacht Club, with Belvedere Park and Tiburon's shops, restaurants, movie theatre, hiking and biking paths, and ferries to San Francisco and Angel Island walkable just beyond. Award-winning schools are nearby, as is the picturesque commute to San Francisco via ferry or the Golden Gate Bridge.
No exterior & parking available.
Grades K-2 • 0.7 mi
Grades 3-5 • 3.0 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.8 |
| Baths | 4.0 | 4.3 |
| Square foot | 3,128 | 3,595.75 |
| Lot Size | 7,000 | 7,943.25 |
| Price | $4.00M | $8.41M |
| Price per sq ft | $1.3K | $2.1K |
| Built year | 1927 | 1978 |
| HOA | $0 | $570 |
| Days on market | 19 | 68 |
Oct 5, 2026
$3,995,000
Initial Listing
Aug 29, 2016
$3,099,000
Public Record
Dec 19, 2003
$1,925,000
Public Record